- Sourcing of New Products & Competent Suppliers
Finding a right manufacturer is a task especially when finding an International Partner. There is a value matrix to be able to choose the right mix.Manufacturing Expertise , Factory set-up, Management, Financial stability, Credibility, Experience, Client base, Level of professionalism, Adaptability, Communication Skills, Compliances & Certifications are some of the things to look for. - New Product Development & Design Services
With ever increasing competition, it is imperative to focus on design & value. To be able to lead the race, all partners in supply chain needs to be well equipped and updated of design trends and are able to give the shape to the design requirements. Translating the designs & inspirations into the collection is perfectly is a key. - Minimum Order Quantity IssuesDepending on the product & factory, MOQs vary. As per the requirement of business, MOQs required may vary as the second most devastating thing in a business is inventory after marketing expenses. To be able to achieve right inventory levels, working out the best possible order quantities is financially important to any business.
- Quality of Products & content assurance
Inferior quality & contents can lead in diminishing the brand value and customers. It is most important to achieve the best quality level when serving a conscious international consumer base. - Packaging & Labelling IssuesProper packaging, labelling & branding ensures the safety of the product & receptibility amongst the customers.
- Shipment Delays
Shipment delays occur due to several factors – over commitment by the factory, incapability, quality issues & external factors. Proper planning, follow-up & execution is required. - Ethical & Sustainable Sourcing & Materials
It is a need of thee hour. Customers are conscious and there is a widespread awareness for protecting the environment for our own good. Making sure of sustainable sourcing &manufacturing helps this cause. Moreover, ethical practices confirms that the craftsmen are being compensated well and all due care is being taken. - Social Compliances
Factory compliances with respect to Indian & International laws is a must to ensure the safety & care of people at large. - Logistics & Consolidation of Shipments & Documentation
In case of small LCL shipments, it becomes a nightmare with logistics. Consolidation of various shipments is required to make optimum use of the space in a shipping container. It is also required that there should not be any delays due to logistic issues. - Trust Issues, Payment stuck, Claim Settlements
How to ensure that the supplier one is working with trustworthy and that the advance given does not get stuck which in turn will create problem with the entire supply chain and losses thereof. - Communication, Transparency & Updates
Planning is crucial in any business. To make right planning, there needs to be a proper communication flow and transparent updates. - Testing & Certifications
Products require testing and these must comply to the Standards defined by the respective Government. It is important to take out the products from the production and tested for compliance. A lot of products are critical and have possible risk if they do not comply to the standards. For example – lighting , toxic chemicals & substances, fomaldehyde, lead, stability tests, flammability tests, REACH compliance etc. - Inland travel, Fair & Factory visits
It can be overwhelming when travelling to another country be it for sourcing, quality or identifying the right factory. - Over pricing
There are a lot of components that defines the cost of the product. How to be sure that the product price offered is right? Do you know the cost involved with respect to all materials and process involved? - Warranty & after sales support
It has been proved over a long period of time, that the after sales support increases the confidence in the customers.
If you are facing such issues with respect to sourcing products from India, we, at ACCORD INC., are here to collaborate & partner with you and provide a seamless Supply Chain Solution.
Info@accordinc.net www.accordinc.net