Manufacturing and then importing from Asia / China can seem daunting, especially if you are a comparatively small business and have never thought about Global Sourcing.

The fact is, yes it is tricky, in fact, just being allowed to go into South China (now globally seen as the manufacturing capital of the world) is itself a formidable prospect.

However, that shouldn’t put you off, as long as you have the right importing company on your side. The benefits of having your product(s) produced in Asia to very high standards make the whole process worth-while and viable. People have been doing it for years and it really can save lots of time, effort and money.

It is of the utmost importance when trading with the Asian business world, that you understand their way of doing things, what motivates them and their culture.

The best way of doing this is to hire a company that specialises in this sort of thing, that knows the Asian business etiquette and what not to do. It is also important that the company you choose is well known and trusted in the Asian business community.

Of course the main benefit of low cost country sourcing is the price. Money in the Asian economy is on a much smaller scale, i.e. the pound () is worth much more there than it is here. It is for this reason that they can offer unbeatable prices, while maintaining the welfare of their workers by providing them with a comfortable wage.

You can manufacture products in far larger numbers than would be possible here. Again this does largely come down to cost, but another advantage of importing from Asia is that you can vastly expand your supplier resources to gain an invaluable advantage over your competition.

Finding a company that can take this task on for you is extremely important. Good companies in this field have invaluable knowledge, experience and relationships with manufacturers and suppliers all of which are essential in a highly competitive environment.

The Investment Symposium and China Consumer Gods Fair have been a solid platform for Chinese entrepreneurs to showcase themselves and their advanced products. Despite the influence of the international economic environment, the exhibiting companies their talents in seeking opportunities.

Electrical household appliances like electric irons and vacuum cleaners are some important products for export in Ningbo. Therefore on the Consumer Goods Fair the companies of small household appliances are competing to acquire new clients and receive more substantial orders. Then how can they trust into the future with the slumping global economy and crisis “made in USA”?

An director of an Electric Appliance Company said,

“We are working to upgrade our product structure through research and development and training of human resources, in an effort to expand the market share. We don’t simply downsize personnel or reduce costs to cut down the price. We focus more on technical capabilities and try to increase our product versatility and the popularity”.

With influence of the financial crisis products like vacuum cleaners facing some additional difficulties in export. But by learning about the needs of clients, companies improved their products at the end of last year. Though the price is two dollars higher than before, it is more welcome among foreign customers.

By increasing the added value of products, the companies keep to the strategy of going global. This is happening regardless of the financial crisis.

In the international hall of the ZJITS, we see the London Development Council that is responsible for the business promotion of the London 2012 Olympics. This is the first time they have participated in the ZJITS. The London Olympics Organizing Committee has got 2000 direct contracts and 7000 sub-contracts. For those companies having experience in the Beijing Olympics, the London Olympics really offers a big cake.

Improvements of the investment environment make it easy to move your business to China. Mrs. Groemminger, Vice Chairman of the foreign Chamber Of Commerce and a business consultant in Ningbo - China for over 10 years mentioned, that all you need is a reliable consultant and accounting. With the right connections, confident, attitude and trust, you can make things really happen. Now is the right time to go ahead and make the change. China government is even offering free office space to companies for easy settling down. Even a small budget can get you go far. If it is too late for you to keep your company surviving in your original country, save your patents and bran name and move to China. People like her will help you to get it done the right way.[I:http://semcor.com/wp-content/uploads/2009/06/MikeEckhards5.jpg]

Organisations have been having their products mass produced in and around Southern China (now recognisable world-wide as the manufacturing capital of the planet) for more years than I care to remember.

But why do these big producers insist on having their products made so far away from home? Well, one answer to that question is that because of the exchange rates between our country and most Asian countries, which works out very much in our favour.

So that’s the main reason people source their products from China. Well, what more reason do you need to do something other than the fact that it will save you lots of money? There a a couple of minor disadvantages, and a few more advantages to boot.

There are only a few advantages, but I still think that they by far outweigh the disadvantages. The main one I have already talked about, the price. For every single GBP you get 11.2CNY (Chinese Yuan), so your money really does go a lot further.

Another advantage is the close proximity you gain to their local trading environment. If you can get your company recognised in the Chinese trading industry it can only benefit your organisation. Also there is a good chance that you will end up a lot closer to the raw materials you need to make your product, therefore saving on the acquisition of your raw materials as well.

The disadvantages, I would say, are severely disproportionate to the advantages in that they seem relatively insignificant. The main disadvantage is the shipping cost. Actually getting your produced product back to the UK/USA/wherever you are based can be a bit pricey, but compared with the money you will have saved on the actual production, I think this is an insignificance.

Also there’s the time that the shipping takes, this could be seen as a greater disadvantage as, depending on level of demand, it could result in loss of turnover. Another disadvantage is that there may be some issues with production quality nearer the beginning of manufacturing as the factory staff become acclimatised to your product, but if you get a good sourcing company to do the communications for you, then you should end up with a high quality production line from start to finish. As well as that, it is difficult to predict what the local conditions are going to be like, financial or otherwise.

To conclude, I believe that the advantages that come with manufacturing your goods in Asia far outweigh the disadvantage.

Organisations have been having their products mass produced in and around Southern China (now recognisable world-wide as the manufacturing capital of the planet) for more years than I care to remember.

The main reason for this is because the currency in China (Yuan) is worth a lot less than British currency, American currency, or most other currencies for that matter.

So that’s the main reason people source their products from China. Well, what more reason do you need to do something other than the fact that it will save you lots of money? There a a couple of minor disadvantages, and a few more advantages to boot.

As far as the advantages go they are few, but pretty big. The price I have already mentioned, but there is a severe difference in the currencies. For every one British pound you get 11.2 Chinese Yuan, so you really can pay peanuts for what you want.

Also, you can get in with the Chinese trading industry, and if you can become known among them, this can be infinitely advantageous. Another advantage is that you will undoubtedly wind up closer to the raw materials you need, hence you save money on that as well!

The disadvantages, I would say, are severely disproportionate to the advantages in that they seem relatively insignificant. The main disadvantage is the shipping cost. Actually getting your produced product back to the UK/USA/wherever you are based can be a bit pricey, but compared with the money you will have saved on the actual production, I think this is an insignificance.

As well as that, there’s the time that shipping takes. This is probably more of a disadvantage as this could result in loss of turnover if demand for your product is high enough. Also, the production might be a little sloppy to start with, but if you get a good sourcing company to sort it all out for you, they will ensure that this doesn’t happen.

To conclude, I believe that the advantages that come with manufacturing your goods in Asia far outweigh the disadvantage.