You will need an agent is areas that you do not have expertise or experience in, professional advice is highly encouraged at any level. Australian Sourcing Group China Service as an agent will save you money and time which is very valuable to giving you a peace of mind. As an agent, we will involve with negotiations that according to our experience will ultimately reduce your risks as a client.
Agency does not guarantee an elimination of all the risks in the sourcing process, however, the elimination of risks by the agent will all revolve around the effectiveness of their eyes on the ground. This will be very important due to risks the client is exposed to such as quality assurance during production. Australian Sourcing Group China acts in accordance to these risks management, therefore eliminating major problems with collaboration in the factory and the aid of our English speaking staff.
This entails free on board. This means that the factory will put the goods on the ship but the client will be responsible for the freight costs, any taxes as well as insurance for the products during shipping.
This is an abbreviation for container insurance and freight. The factory will c0ver the cost of freight insurance while you as the client will cover all duties, taxes and local delivery costs upon the arrival of products.
This is also an abbreviation for free into shore. In this scenario, the factory will cater for all the charges until the products you have ordered for are at your doorstep.
These three arrangements are all in their own way advantages to both the client and the factory. FOB in particular offers the best deal with a smaller factory margin. Significantly, the advantage here is the cushioning the factory gets, in case shipping is not safe and not necessarily the cost advantages. However, with the other two options, there will be increased margins by the company in attempts to cushion themselves from the potential risk involved
Shipping arrangement can be very difficult to make, this is why Australian Sourcing Group China Services has a shipping representative for all our clients. Our shipping agent is detailed to arrange all of your shipping concerns and set up the payment to the recommended local shipping agent.
Other than these F.A.Qs, the Australian Sourcing Group China Service team is very enlightened to answer any questions or inquiries that you may have.
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