This document provides 10 questions for buyers to ask potential factories to evaluate them as partners. The questions cover key areas like factory capacity, markets supplied, major customers, certifications, product specializations, and testing capabilities. It also recommends additional due diligence steps like searching for the factory online, checking blacklists, and visiting factories in person when possible to strengthen relationships and get better pricing insights.
This document provides 10 questions for buyers to ask potential factories to evaluate them as partners. The questions cover key areas like factory capacity, markets supplied, major customers, certifications, product specializations, and testing capabilities. It also recommends additional due diligence steps like searching for the factory online, checking blacklists, and visiting factories in person when possible to strengthen relationships and get better pricing insights.
This document provides 10 questions for buyers to ask potential factories to evaluate them as partners. The questions cover key areas like factory capacity, markets supplied, major customers, certifications, product specializations, and testing capabilities. It also recommends additional due diligence steps like searching for the factory online, checking blacklists, and visiting factories in person when possible to strengthen relationships and get better pricing insights.
This document provides 10 questions for buyers to ask potential factories to evaluate them as partners. The questions cover key areas like factory capacity, markets supplied, major customers, certifications, product specializations, and testing capabilities. It also recommends additional due diligence steps like searching for the factory online, checking blacklists, and visiting factories in person when possible to strengthen relationships and get better pricing insights.
Ask some or all of these questions once you have narrowed your selection down to a few finalists.
1) How many workers do you have
2) What is you monthly capacity in terms of units?
3) Which markets do you supply by % (example: Europe 30%, USA 10%, Asia 50%)
4) Who are your biggest customers?
5) Which retailers do you supply? (Walmart, Target, etc. have strict regulations so good if they do)
6) Has factory completed any 3rd party audits (both social and technical audits)
7) Which products do they specialize in (good at one, average at others, etc.)
8) What is big product in their current product line?
9) Do they have in-house testing? (example: is each airbag inflated and deflated)
10) Are you a trading company or the actual manufacturing factory?
Additionally:
Google search them to check their websites, reviews, etc.
Check supplierblacklist.com to see if they are there.
After you have relationship, ask what new product are they working on/what is being developed so you can be on bleeding edge of new opportunities
It’s good to visit factories when you can – not only does it strengthen relationships, often get your better pricing, but you can also see what big brands are working on
Do an image search on Google Images using the photo of your product from their website to see who else is selling and/or making the product