Private Label Sourcing from China -- Best Practices
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This presentation provides best practices for private label sourcing from China to avoid quality, payment, and communication problems. It recommends: 1) Defining product requirements and quality control criteria upfront; 2) Qualifying suppliers through trade shows, samples, and audits; 3) Issuing purchase orders with inspection requirements. It also discusses pre-shipment inspections to check for defects and decide whether to accept shipments. Managing quality, payment processes, and profitability are essential for successful private label sourcing.
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The 3rd GCC Laboratory Proficiency Conference is organized as part of the strategic orientations of the GCC Standardization
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Vendor certification
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Presentation1
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Articulo de de expo
Las infecciones bucodentales son comunes y causadas por una variedad de bacterias, hongos, virus y parásitos. La cavidad bucal contiene más de 500 especies microbianas que normalmente viven en equilibrio. Sin embargo, cuando las condiciones cambian debido a enfermedades u otros factores, pueden desarrollarse infecciones. Es importante que los médicos conozcan la etiología, patogenia y factores que determinan la evolución de estas infecciones para seleccionar el tratamiento antibiótico adecuado y restaurar
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Vendor qualification
1) Vendor qualification is the process used by finished dosage form manufacturers to approve vendors for active pharmaceutical ingredients (APIs) that will be used in products. It involves selecting vendors based on criteria like quality, delivery, price, and auditing them.
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Supplier Certification, Rating, Performance measure
Total Quality Management involves supplier certification, rating, and performance measurement strategies. [1] Supplier certification requires suppliers to meet certain quality standards over a period of time before being certified. [2] Customer rating of suppliers helps evaluate supplier performance in quality, delivery, and other areas to improve relationships and communication. [3] Performance measurement uses metrics in various areas like human resources, customers, production, and marketing to establish trends, identify improvement needs, and make informed decisions.
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role of merchandising due to covid-converted
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Six sigma Slides Best and Simple
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The document discusses the importance of the vendor selection process for organizations. It outlines the key steps in the supplier selection process, including evaluating needs, gathering a pool of vendors, interviewing vendors, and selecting an evaluation method. Some common criteria for evaluation are described, such as financial health, expertise, and risk factors. Different methods for evaluation and selection are also presented, like the categorical method, weighted point method, and cost-ratio method. An example problem demonstrates calculating scores for vendors based on criteria weights to determine the best overall supplier.
shahank soni vendor evaluation presentation
The document discusses the importance of the vendor selection process for organizations. It outlines the key steps in the supplier selection process, including evaluating needs, gathering a pool of vendors, interviewing vendors, and selecting an evaluation method. Several supplier evaluation criteria are examined, such as financial health, expertise, and risk factors. Finally, the document describes different supplier evaluation methods like the categorical method, weighted point method, and cost-ratio method and provides an example problem demonstrating the weighted point method.
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一模一样【微信：A575476】【新西兰奥塔哥大学毕业证（otago毕业证）成绩单Offer】【微信：A575476】（留信学历认证永久存档查询）采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信：A575476】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信：A575476】即可
三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。
留信网认证的作用:
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6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
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选择实体注册公司办理，更放心，更安全！我们的承诺：可来公司面谈，可签订合同，会陪同客户一起到教育部认证窗口递交认证材料，客户在教育部官方认证查询网站查询到认证通过结果后付款，不成功不收费！
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Private Label Sourcing from China -- Best Practices
- 1. 1 These are slides from a presentation at “Private Label Sourcing & Amazon FBA Selling” Meetup in Singapore
- 2. Online Trade shows Magazines Research (NASDAQ-GS: GSOL) Private Label Sourcing from China – Best Practices Peter Zapf, Global Sources 28 Sept, 2016
- 3. Problems We See • Quality • Payment • Usually these are communication and process management problems 3
- 4. Avoiding Problems 1. Define/Know your product requirements 2. Qualify suppliers 3. Request samples 4. Write objective quality control (QC) criteria based on the samples 5. Issue PO with QC criteria included 6. Receive supplier confirmation that they can meet QC criteria 7. Pay initial payment (often 30%) 8. Book third party inspection (for when manufacturing is complete) 9. Review inspection report 10. Pay final payment (often 70%) 4
- 5. Qualifying Suppliers • Current export markets • Main customers • Product certifications • Attend shows • Manufacturer vs. Trading Company • QC checklist • Position yourself well 5
- 6. Samples • Requesting samples – Sample fees – PayPal payment • Review quality: Product and packaging • Develop QC criteria / checklist – Test name – Test description – Required result – Finding – Classification 6
- 7. Defining Quality Requirements • Quality Control Requirements – Defines what to check & how to test – Classifies severity of issue • Critical: Product doesn’t function • Major: Product functions, but customer is likely to return product (or write a bad review) • Minor: Customer is unlikely to return product (or write a bad review) • Sample Size: Level II most common • Acceptable Quality Limit (AQL) – Specifies number of defects allowed: • Critical / Major / Minor - 0 / 2.5 / 4.0 very common • Stores like Target or Walmart usually inspect at 0 / 2.5 / 4.0 • 0 / 1.0 / 2.5 AQL is quite strict and would qualify an item as rather high- end or luxury to some degree • For many car parts, plane parts, and pharmaceuticals, the accepted defect rate is much lower 7
- 9. Placing the Purchase Order • Purchase Order – Products & Quantities – Terms & Conditions • Supplier pays for re-inspection if first inspection fails • 2% price reduction for every 3 days if the shipment is late • Quality Requirements • Packaging Requirements • Certification Requirements (you should pay) 9
- 10. The Inspection: What to Expect • You receive the report, and you decide whether to accept the shipment • Inspectors are paid to find problems… 10
- 11. 11
- 12. The Inspection: What to Expect • If inspection fails you can: – Accept product & ship – Ask supplier to rework or replace product and then ship or re-inspect – Walk away, losing your 30% payment • Include a clause in your PO saying supplier will pay for any required re-inspection 12
- 13. The Inspection Report: Summary Free report at http://www.v-trust.com/ 13
- 14. The Inspection Report: Remarks 14
- 15. The Inspection Report: Pictures 15
- 16. Some Inspection Companies • Who can help: – Old guard: TUV, SGS, Intertek, Bureau Veritas – Newer professional providers: AsiaInspection, Sofeast, InTouch Quality, ProQC, V-Trust, Asia Quality Focus • What does it cost: – US$300 per man day – Usually 1 man day 16
- 17. Managing Quality • Quality doesn’t begin with the pre-shipment inspection, it ends with the inspection 17
- 18. Payment • Don’t buy branded products • Bank account scams – Rouge employee – Phished account 18
- 19. Managing Profitability • Order size • QC at factory • Ocean vs. Air shipping • Ship direct to warehouse • Pack to avoid receiving miscounts • Return rates: Product quality & reviews 19
- 20. Keep in Touch! • GlobalSources.com • Global Sources Exhibitions • Global Sources Summit – For Online & Amazon Sellers 20
- 21. Online Trade shows Magazines Research (NASDAQ-GS: GSOL) Thank you Join us for our next Meetup: Singapore: http://www.meetup.com/Singapore-Private- Label-Sourcing-and-Amazon-FBA-Selling/ Hong Kong: http://www.meetup.com/Hong-Kong-Private- Label-Sourcing-and-Amazon-FBA-Selling/