Stage 3 – Order Fulfilment
Once a fair price has been agreed between the Customer, China Procurement and the Supplier, China Procurement raises a Purchase Order. This becomes a legally binding document. China Procurement then translates the Purchase Order into Chinese and forwards to the supplier.
The Purchase Order contains:
Details and quantities ordered
Unit price as agreed, and payment schedule
Shipping Costs & basis (FOB, CIF, etc)
Other costs – eg. special packaging
Delivery Address
Required Delivery Date
Penalties for late delivery
The supplier confirms acceptance of the Purchase Order, and where necessary, schedules the manufacturing process and advises a completion date. Most suppliers will require a deposit ranging from 30% to 50% of the order value with the purchase order. The customer will pay the deposit to China Procurement who then transfer it to the supplier in China.
Production
Once the deposit is received, subject to what else is in the pipeline the order fulfilment will commence. China Procurement maintains contact with the supplier on a regular basis to ensure there are no delays or any other problems. If there are delays or any other issues these will immediately be advised to the customer and corrective action taken where appropriate.
Category: services
