Payment Terms and Safe Sourcing
I would like to know how is it possible for a supplier/manufacturer of electronics in China to supply a Customer/Distributor in Nigeria in a way that I give a certain deposit and pay the balance few weeks after delivery to Nigeria. Is it possible like that? Is there any guarantee in the quality of such products?
Good questions and as these types of questions about payment and quality are often asked by our readers, rather than re-invent the wheel, allow me to direct you to some blog posts which will answer your questions in details.
Best Practices : paying Chinese suppliers
Negotiating new terms with your Chinese supplier
Best wishes on your sourcing program.
Question answered by Mike Bellamy, host of “Ask the Experts” at the China Sourcing Information Center.
Mike Bellamy is an Advisory Board Member & Featured Blogger at the not-for-profit China Sourcing Information Center (www.ChinaSourcingInfo.org). He is also the author of, “The Essential Reference Guide to China Sourcing” (chinasourcinginfo.org/book) and founder of PassageMaker Sourcing Solutions (www.PSSchina.com )
