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How to check the supplier

How to check the supplier

Video: How To Check If An Alibaba Supplier is Legit? Amazon FBA Supplier Hacks 2024, July

Video: How To Check If An Alibaba Supplier is Legit? Amazon FBA Supplier Hacks 2024, July
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Having found a good supplier, you can ensure profitability for your business for many years. Not every company can ensure timely and high-quality supply of goods. In addition, you can often come across fraudsters and unscrupulous partners. To avoid such problems, a potential supplier must be carefully checked before starting a business relationship.

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You will need

  • - the Internet;

  • - legal agency;

  • - the press.

Instruction manual

1

First of all, look at all information about the provider, which is in the public domain. If the company does not have a website, only mobile phones are indicated and there is no physical address, this is a reason to be wary. Fill in the name of the company in any Internet search engine in different versions and carefully read the main links to this name. Go to the thematic forums and try to incognito ask questions about your potential supplier. As a rule, this way you get reliable insider information. Get acquainted with the social activities of the company. Charitable work, participation in various events and trainings - all this characterizes in a certain way any company. Pay attention to existing court cases, which featured the name of your future supplier. As a rule, most court decisions are published on the Internet. So you can get an idea of ​​what legal problems this company had.

2

Ask your supplier for a package of documents. At your request, the company is obliged to provide any information that does not fall under the category of trade secret. Certificates, licenses, permits - all this should be in the public domain. Study the sample contract that you are invited to conclude. From many points it will become clear how the supplier plans to carry out the transaction, what penalties will be applied in case of failure to fulfill the clauses of the contract. To study the contract, you can seek the help of a lawyer. Perhaps some conditions contain "pitfalls" that only a professional will notice.

3

If you are planning a serious transaction, and you want to be completely confident in a potential supplier, resort to a professional check. If your company does not have its own security service, contact a specialized legal agency. Such a company can obtain the maximum of information by legal methods, but not accessible to everyone. Information about the management and owners of the company, financial and statistical reporting, commercial activities of the organization - all this information, which can hardly be found in open sources, will help you to make the most reliable idea of ​​the potential supplier.

note

Do not resort to the services of private detectives. They can use illegal methods of obtaining information, and you as a customer will be prosecuted.

Useful advice

Make a trial supply with the company of a small batch of goods. You will immediately get an idea of ​​how the company works and you can focus on larger volumes.

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