Lastly, Look for a Supplier Audit
A supplier audit gives you a rundown of some of most important information about the factory. By reviewing the factory’s supplier audit, you can check their reliability and history. A supplier audit basically includes the following:
Taxes and Financial Status: Is the factory free from financial problems or are they facing a financial crisis?
Quality Control System: Did the factory ever supply defective products? If so, why?
Background: Does the factory have a good reputation locally or internationally? How many years is the business running?
Legal Issues: Does the factory have a legal representative? Do they have legal documents?
Social Compliance: Does the factory meet environmental standards? Does it treat employees with equity?
Remember, no matter how unique your business idea is, there is always something that can go wrong, especially if you are partnering with an incompetent supplier or factory. So when choosing a factory, always dig deeper and look for genuine people that can guarantee you top-of-the-line services--people that you can find at TradeVale.
TradeVale is a one-stop-shop that can assist you from day 1 of production. Not only do we manufacture products, but we also inspect goods for quality assurance. So whether you are at the beginning or the end phase of production, you can count on us to deliver you top-quality services.
