Source the Reliable Manufacturers
First, based on the studying of the products. I will get the right keywords and use different online platforms, for example, Alibaba, Made-in-China, 1688, etc.
If cannot find the right contacts online, I could go to the local market to find more options. There are a lot of professional local markets in Shenzhen China. For example, the SEG (or Hua Qiang Bei) electronics market, or the leather center in Shiling, Guangzhou.
If the above two ways fail, I could visit a trading show to find more possible suppliers. This is not common ways. Additional fees could be applied.
First Sourcing Venting
After we have talked with all the potential suppliers, we will do a first step venting. This venting will be based on Product Quality, Target Price, MOQ. After this step, normally less than 1/3 suppliers will stay.
Second Sourcing Venting
After we have got some suppliers who have the products meet in our target, we need to study the supplier’s background to make sure they are legitimate. With a specially designed audit form, we will make sure the suppliers will not lie to us and provide accurate information.
Sourcing Price Comparison
After the two steps venting, we will get the most reliable suppliers for our project. We will do a price comparison based on pricing, different specifications, communication skills, factory background, quality standard. We will pick up the best options and provide a suggestion for future discussion.