Deciding Factors of Payment Terms With Suppli

Deciding Factors of Payment Terms With Supplier Company

Presented By: Dragon Sourcing

Introduction

If you want to source goods or services from abroad, you can always go for China sourcing. China is one of the leading suppliers of resource at affordable terms. The sourcing agent dealing with the suppliers on your behalf will discuss with the payment terms with the supplying company.

Purchasing History

Purchase history works with order value.

For instance, if your order size indicates enhanced business for your supplier and your purchase history with a supplier is sound, you are considered to be in a good position to negotiate supply terms in your terms.

Scale of Supplier

The only exception in China sourcing is made by sourcing agents when they ask purchasers to increase the value of the order such that it reflects a big share of the business of the supplying company.

Credit Scaling of Your Company

Your company scaling is comparison to the scaling of the supplier is also an important factor.

Global brands have the leverage to dictate terms of payment and so do reputed regional firms. This is the reason why sourcing agents suggest new importers to search for niche markets or avoid competing with the bigger suppliers on price.

Contact Us

Dragon Sourcing Shanghai Suite 1502-1503, Jin Tian Di International Mansions 998, Renmin Road – Shanghai, 200021, P.R.China Tel: +86 21 61 41 39 55 Fax: +86 21 61 41 39 66 Email: contact.asia@dragonsourcing.com Website: http://www.dragonsourcing.com/

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