Sourcing Agent China - China

After determining the buyers need the products, buyers in all regions of the world before the arrival of China (usually 2-3 times a year) is responsible for procurement

??6 employees will be prepared samples, clearly marked on the price and specifications and other information.

(2) Wal-Mart's purchase price strategy Wal-Mart has always been the lowest purchase price, "direct purchase" and its "world sourcing" is that it reduces the purchase price of the two magic weapon.

The direct purchase to manufacturers can avoid some intermediate links, with its own strong economic strength and strong bargaining power, to get the best price of suppliers; the world's procurement refers to the use of economic globalization formed by the international division of labor to build their own system The price competitive advantage ensures that the products marketed by Wal-Mart always come from the world's "low-cost, low-cost" factories [4].

VII, Wal-Mart supplier management and selection (A) Wal-Mart's management of suppliers Wal-Mart is not because of its large-scale, strong and offended suppliers to increase their profits.

On the contrary, Wal-Mart attaches great importance to establishing friendly and cooperative relations with suppliers to protect the interests of suppliers.

For example, Kmart, the third largest supplier in the United States, paid 45 days on average for goods supplied, while Wal-Mart averaged only 29 days, which greatly stimulated the enthusiasm of suppliers to establish their business and guaranteed the optimal purchase price of their products [5 ].

Establish and maintain long-term stable strategic partnership with suppliers.

Wal-Mart has established long-term procurement relationships by directly signing agreements with suppliers.

This eliminates the need for multiple agencies and effectively reduces costs and drastically reduces distribution costs, thereby benefiting consumers.

Wal-Mart to "buyout sales, regular clearing" approach to benefit suppliers, rather than take the consignment model to the full transfer of business risk to suppliers.

At the same time, Wal-Mart actively helps suppliers to improve their management and improve their own management level.

As a result, the entire supply chain has been optimized from the upstream to form a virtuous circle of supply chain management.

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Company Contact:

• Posted By: Dong Sourcing Market Union Co.,Ltd

• Phone: 057423334321

• Address: Business district, Ningbo , ZHEJIANG , China

• Email:

• Website: http://www.dongsourcing.com

• Business Description: Dong sourcing group specialized in sourcing agent, purchasing agent, import and buying agent in China, top 10 China sourcing agent, products range including custom products, packaging products, commodity, baby and children products and other products.