Sourcing
China offers foreign companies of all sizes ever-increasing opportunities to acquire high-quality, low-priced products. Large multinational corporations have established and maintain global sourcing divisions in China, conversely smaller companies face the challenge of keeping pace.
Establishing a formal presence in China, finding the right suppliers requires to spend a great deal of time an money exploring the China market.
The growth of international trade requires company to reshape their procurement and sourcing strategy, direct sourcing has become widely developed as companies try to minimize their procurement cost. Thus, it raises other concerns, like how to maximize the benefit of direct sourcing without building huge overhead count in the supply chain process.
Many companies are unprepared to effectively manage sourcing from low-cost producing countries like China, because their internal structures prevent them from exercising the full benefits of the saving, they find it hard to deal with poor production visibility, increased lead time, logistics challenges, customs regulation, complex documentation, financial restrictions and barrier language.
Square Up offers the best compromise to direct sourcing and outsourcing combination of products and supply chain services, thanks our broad expertise of the Asian and China market, we provide easier access to sourcing and procurement for the retail and manufacturing industry with excellent guarantee of:
- Qualified and reliable suppliers
- Cut on product development
- Technical support and quality assurance
- Build ready-made product line
- One shot promotion program
- Inventory and production lead-time reduction
- Total control and visibility across the supply chain
- Alert of market changes and behavior
Trading in China
China is a huge trading and manufacturing of consumer products market place, opportunities in trade, Import/Export, retail, manufacturing and services offer the largest growth potential as the earning power of consumers keep increasing at a rate that many western countries wouldn't even dream of.
Square Up approach to china market consist in offering a single platform to this lucrative economy, we have developed a framework for market entry into China and our company infrastructure is providing the vehicle to carry through the work.
Trading in China requires being prepared to put up with large capital investment and deal with numerous administrative challenges, business restrictions and omnipresent bureaucracy.
Trading rights are still
inaccessible to non-Chinese companies unless the foreign investor opts for the creation of an Equity Joint Venture (EJV), which requires an alliance with a local Chinese partner,preferably reliable, but last and not least, a large capital investment in most cases.
A cheaper alternative could be found in a Wholly Foreign Own Enterprise (WFOE), with a lesser capital investment but limiting the scope of business for the foreign investor to a secluded perimeter without the possibility to deploy any operation outside its restricted business area.
The lightest approach to create or maintain a presence in China remains the Representation Office (RO). ROs are usually used for marketing and contact making purposes but do not give any commercial or industrial rights at all.
Square Up opens the doors to trading activity in China, thanks to privileged setup in China we can effectively and legally trade products and services in P.R China giving immediate access of the China export and domestic market to foreign companies.
Trade with us! Unleash your buying power in China.