When visiting vendors for the first time more often than not, you are directed to the showroom which doubles as a meeting room. The initial instinct is always to look at the product on show to get a gauge of the markets, brands and types of product that the vendor is currently manufacturing.
Before you visit a new vendor to assess their capabilities, receiving samples of their previous production will give you the opportunity to examine their quality, manufacturing technique, expertise and innovation.
Everyone is tempted to select a vendor purely on price, but it is only one factor in the evaluation process. You should never select a vendor based solely on price.
Define a low-cost country sourcing plan that delivers cost reduction and meets quality objectives. Business typically gain a 10-35% cost savings through low-cost country sourcing.