Warning Signs of a Dishonest Sourcing Agent
When dealing with or managing international supply chains, sourcing agents play a critical role. They help keep the costs at a minimum, increasing the profit margins and providing you access to a global skilled labor market.
The services offered by sourcing dealers are helpful for companies sourcing products from low-cost countries, such as China, Vietnam, the Philippines, and India, as they provide a notable competitive advantage in establishing a global supply chain. Since most companies today are hesitant to make efforts to overcome the challenges of global sourcing, turning to source agents has become common.
Sourcing agents play the role of a representative in guarding your interests abroad by providing various services and allowing you to take advantage of low costs while minimizing the risks. But today, because of the rise in international trade practices, unethical behavior among sourcing agents is also increasing.
We understand that sometimes it can get tricky to spot when your dealer is lying. So, to make the task a little less complicated for you, we have prepared a list of warning signs of a dishonest agent. It will come in handy if you’re worried about indulging with a fraudster who might take your money.
When you hire a sourcing representative to help you trade in the international market, you put your trust and rely on them to support you whenever needed. Since navigating the global supply chain is a complicated and time-sensitive process, receiving regular updates from your agent is essential.
But if you receive no clear updates from them or find it inconvenient to communicate with them, you might miss out on great opportunities, making the entire process much more complex than it already is.
If you cannot get in touch with the sourcing broker within 1-2 days of asking a question, or a concern, take it as a warning sign. No one likes to miss out on great offers because the agent won’t attend their calls on time or communicate good deals.
An ideal China toys sourcing agent shows strong listening skills and answers all your doubts to help you feel confident about moving ahead.
Have Wrong Priorities
A dishonest sourcing dealer usually has wrong priorities, implying that they give less importance to clients with a lower budget and more to the ones with a larger budget. You can spot an unprofessional if they are getting excited about obtaining commissions and treat the ones in a lower pricing category with less importance.
So, if you have a small budget and feel that your representative is not prioritizing your needs, you must consider signing up with a new one. There are plenty of professionals out there, so find the one who suits your requirements and is happy to get you a deal of your liking.