Trading Process

1
Offering
Generally, international trade is starting from the product inquiry. Buyer send inquiry to seller, seller provides quotation sheet which based on the below items: product standards, product specifications, package Items, quantity of Inquiry and delivery requirements. Some commonly quotation forms are: Ex-work, FOB , CNF( Cost and Freight), CIF (Cost, Insurance and Freight) , DDP, DDU and other forms.
2
Order (Contract)
After two sides reached an agreement, the buyer company shall sign the contract with the seller, the contract shall include: the product name, specifications, quantity, price, packaging, origin, shipment, payment terms, billing, claims, arbitration and other contents . The contract means the official start of the export business. The purchase contract signed by both parties and will take effect after signed with the seal.
3
Payment Terms
There are some ways for international payment: L/C( the letter of credit), T/T payment , Direct cash, Westunion, Paypal, D/A, D/P and other ways.
4
Production
Before production, suppliers shall confirm product details with the buyer, in case of any mistake. Production shall strictly work with the details in the contract.
5
Quality Control
After production, seller shall strictly test its quality to avoid any defective products into the market.
6
Package
Package normally based on the common package of the sellers, if buyer has any request about package, shall confirm with the seller before contract.
7
Custom Declaration
Seller shall do or help buyer to work with custom declaration. And prepare relevant documents, such as contract, packing list, commercial invoice and others docs.
8
Shipping
Seller or buyer shall arrange the shipping which based on the fact situations.
9
Custom Clearance
Buyer will take relevant documents to finish the custom clearance, the documents include, packing list, contract, commercial invoice and others docs( different country has different request about custom clearance)usually .
10
Delivery
Buyer shall arrange delivery to their warehouse after custom clearance.