Sourcing · Pricing & Evaluation When you receive quotations from three Chinese factories for the same furniture piece, the prices are rarely directly comparable. Two factories can quote the same item with the same line item name and differ by 25% — and both can be entirely honest about it. The difference is almost always […]
Tag Archives: payment terms China
Sourcing · Finance & Risk Before a single piece of furniture leaves the factory, money changes hands. How it changes hands — when, how much, and under what conditions — shapes your risk, your cash flow, and your relationship with the supplier. Most buyers accept the first terms they are offered. Understanding what those terms […]