What are the minimum order quantities?
It depends on many factors including product value, type of product, tooling requirements, product dimensions (how many fit in a container), frequency of purchase etc. If it is a product available from a wholesaler, trading company or market then minimum order quantities are lower. It is not necessary to always order in container quantities. M.I.C. Global Ltd. can arrange manufacturing quantities in less than full container load (LCL) by ordering items ex works and arranging China customs clearance and shipment for you. Each case is different and we will advise you the most economical way.
How much can I save?
This depends on the product and order quantity, but typically we expect that you will save between 30 - 70% on the cost of your purchase compared to buying locally.
How does our service work?
As your trade consultant, we will work with you to find, select and manage your Chinese supplier. We take the stress and risk out of importing.
- Firstly we search for a product that meets your requirements. In the case of production outsourcing, we will negotiate with the factory for the production of a product that meets your specifications.
- Samples are obtained and delivered for your inspection.
- Prices and terms are negotiated
- We carry out quality control, and, depending on your needs, inspect products prior to acceptance.
- The products are shipped via an appropriate method, customs clearance performed and the products delivered.
What is the lead time for production?
The production lead time will be negotiated before order placement. Typically the lead time from a factory is 2 - 6 weeks to manufacture your order, however this will depend on the order quantity and material availability.
M.I.C. Global Ltd. negotiates the terms of payment on your behalf directly with the supplier. You can choose to pay via direct fund transfer or letter of credit. Standard term for manufacture is 30% deposit paid on order placement with the final payable prior to shipment. We recommend not releasing the final payment until we have conducted a quality control inspection at the factory before loading. If you are ordering items that do not require manufacture, then the supplier will require full payment prior to shipment. Payment can be made directly to the bank account of the supplier or by providing a letter of credit (L/C) via your bank in favor of the supplier.
