How to Source & Manufacture Your Products in Asia
Thursday March 7, 2019
Interested in working with product sourced from Asia? This workshop will address the following questions:
- Should I produce my product here in the USA or overseas?
- Which countries should I consider?
- How can I find a manufacturer – factory?
- Do I know the right questions to ask?
Get the answers to these questions and many more, such as:
- Why manufacture abroad
- What is currently happening in Asia?
- Countries to consider
- Ways to find a factory in Asia
- Email and on-line sites to use
- Understanding the role of a broker
- Using International trade shows
- How to narrow down the options
- Choosing the right factory for you
- Price is just one of the reasons to go abroad
- Understand currency issues and the cost of money
- Making a prototype
- Request for quote (RFQ)
- Packaging issues
- Quality Control issues
- Using Letters of Credit for payment
- Understanding manufacturing and shipping time schedules
- Container sizes
- Getting the right insurance
- Legal issues including clearing customs
Presented by Bill Gootnick:
Bill Gootnick, formerly VP of Operations of Applause where he helped grow the company from $7 mil to $140 mil in BTC Sales. As a serial entrepreneur Bill started, grew and sold 4 businesses, including one he started in his garage with his son that grew to 360 employees, 11,000 active BTB accounts and a 22% bottom line profit.
Cost
$30.00 Participant
$45.00 Participant and Guest
Click HERE to register on the SCORE website.