The biggest factory is not necessarily the best factory. The best factory is one that is ππ¦π€π₯ π£ππππ₯ for πͺπ π¦π£ spend!
Here are three reasons why.
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If the factory is huge, they may not value your spend.
β³ E.g. you will have more bargaining power if youβre 5% of a factoriesβ sales vs. 0.000000001%!
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Big factories with high volume are often very focussed on production efficiency. As a result, they may have minimum order quantities that are too high for you. A smaller factory may be more flexible.
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Sometime smaller factories offer better pricing than big factories. This could be because their overhead is lower or could be because they value your business more than the big factory. Donβt assume that the big factory will have the lowest price.
β‘οΈ So when youβre visiting a factory itβs ok to be impressed with size, but at the same time, make sure you are evaluating suitability and select the one that is ππ¦π€π₯ π£ππππ₯ for you.
china sourcing
The biggest factory is not necessarily the best factory. The best factory is one that is ππ¦π€π₯ π£ππππ₯ for πͺπ π¦π£ spend!
When youβre visiting a factory itβs ok to be impressed with size, but at the same time, make sure you are evaluating suitability and select the one that is ππ¦π€π₯ π£ππππ₯ for you.
IAA
In Asia Advantage
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