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TRADING AND SOURCING
With four offices in China, Beijing, Shanghai, Guangzhou and Tianjin , our local staff are negotiating, inspecting and shipping our customer's products.

We will source your industrial components (plastic, metal, glass) & corporate promotional items. By contracting directly with factories in China, cutting out the many layer of middlemen, 889 Global delivers extremely competitive pricing. We also deliver quality by having quality product inspection done by our offices in China.

 
  1. Why consider sourcing overseas?
    1. Profit margins are eroding - Because of increased domestic material and labor costs and the challenge to meet competitors ever improving prices, profit margins are rapidly eroding to an unacceptable level.
    2. Competition is already sourcing overseas - Your competition has already improved their costs by sourcing key components overseas giving them a decided cost advantage. You have an immediate need to catch up or get ahead of what the competition has already accomplished.
    3. Customers are demanding cost reductions that cannot be met. - Because domestic labor and part costs cannot be reduced any further, customer cost reduction requests are unable to be met without an erosion of profits. Without meeting these reductions or avoiding increases market share will significantly erode. 
    4. Domestic Capacity is not available - If your business is growing, the capacity of the domestic supply base or your internal capacity my not be sufficient to meet your demands. Without additional supply capacity current or future orders will not be met.
    5. Survival! - Your organization may have done everything possible to compete. Material cost reductions, labor efficiency improvements, labor cost reductions, more aggressive marketing plans, new products and nothing has had the impact required. Without substantial cost decreases in the very near future the very survival of your company is in question.
  1. Why look at China?
Obviously there are many countries other than China that are candidates for overseas sourcing. China, however, combines advantages that are unique to the world's most populous nation. These include:

a. One of the world's lowest labor rates - Labor rates vary from about $100-$400 per month depending on the required skill.
b. Abundant indigenous raw materials - Most raw materials you will need are available in China as native products.
c. A huge well developed industrial base - China developed a highly self-sufficient industry. In the 1950s and 1960s, many large industrial facilities were built. From the perspective of a western observer there seems to be an amazing variety of factories that make the same kinds of industrial goods found in the U.S.
d.A mature communications and transportation infrastructure - Fax and voice communications between the US and China is cheap and reliable. Connections via Internet are becoming more common. Ocean shipping from coastal cities is fast and reliable.A stable economy - Despite the political scrutiny the Chinese economy looks surprisingly stable from the outside looking in. Although China has experienced periods of high inflation due to double-digit growth in its economy, export prices have remained surprisingly stable. By international agreement, the ratio of Chinese Renminbi (RMB) to the U.S. dollar is held fairly constant. Quotations to US companies are almost always in US Dollars

  1. Why use a third party such as 889 Global Services Ltd?
Third parties such as 889 Global Sourcing Solutions Ltd can be very helpful in advancing your sourcing projects while providing protection and value added services. Working with 889 Global Solutions Ltd provides has advantages, some of which are:
    1. Offices in the US and China Native Chinese engineers and negotiators in China
    2. US based management with Chinese knowledge and actual experience.
    3. A U.S. based engineering/procurement staff to support the technical communications with you
    4. A Quality Control/Inspection program in place during production and prior to shipment to assure quality for your product.
    5. US and Chinese based logistic support for shipping, customs clearance, and other logistic issues.
    6. Minimum project management costs due to existing infrastructure of manpower.
889 Global Sourcing Solutions Ltd offers all of these attributes.
4.  How Will Chinese Sourcing Affect My Costs?
It is not unusual to see savings between 30% and 60% depending on the commodity. Your results may vary considerably. The bottom line, however, with the leadership and assistance of 889 Global Sourcing Solutions Ltd, the world's lowest costs are able to be achieved.

  1. Service Offering  - The following services are examples of what 889 Global Solutions Ltd will do to help make your China sourcing project a success.
    1. Locate potential suppliers
    2. Evaluate suppliers capabilities and capacities
    3. Confirm and assure quality systems are in place and followed
    4. Negotiate and provide optimum landed duty paid pricing
    5. Act as an interface with supplier(s)
    6. Arrange transportation logistics to drop ship at your warehouse location
    7. Turnkey Project management
      i.    Establish and confirm agreement on realistic yet aggressive schedules 
      ii.    Track your project
      iii.    Assure schedules are met


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2501 Brookwood Rd. | Columbus, OH 43209 | Tel: 614 235 8889 | Fax: 720 294 6551 ©2008 889 Global Solutions