Step 0 – Decide if the product is worth sourcing
Before you think about factories, confirm the product makes sense commercially. It’s painful to spend weeks sourcing a product that will never make money.
- Rough selling price and target margin
- Realistic order volume (first 12 months)
- Regulatory/compliance requirements in destination markets
- Any “must have” features that will drive cost
At this stage you don’t need perfect numbers—just enough to know you’re not chasing an impossible landed cost.
Step 1 – Lock your product brief and constraints
The biggest mistake we see? Approaching factories with vague specs: “something like this”, “good quality”, “not too expensive”.
Instead, build a simple one-page brief that covers:
- Core materials and dimensions (with tolerances)
- Target quality level (with real-world references if possible)
- Mandatory certifications or test reports
- Packaging expectations and any retailer requirements
- Desired Incoterms (FOB, EXW, CIF etc.)
The clearer your brief, the easier it is to compare suppliers like-for-like—and the more seriously good factories will take you.
Step 2 – Build a structured supplier shortlist
Your goal here is not to find “the one perfect factory” immediately. It’s to find a small, realistic shortlist that fits your brief and volume.
Sources you can use:
- Online platforms (Alibaba, Global Sources, industry directories)
- Trade shows and industry events
- Existing networks and referrals
- In-region sourcing partners who can visit in person
For each candidate, track a few simple fields in a spreadsheet: location, product focus, export markets, certifications, min order quantities (MOQ), and first impressions from communication.
We typically narrow this to 3–7 serious options before moving forward to quotes and samples.
Step 3 – Quotes, samples and early risk checks
Now you want to see how each supplier performs when things get a little more specific.
Request structured quotes
Instead of vague “how much?” emails, send each supplier the same quote template:
- Unit price at different volumes (e.g. 500 / 1,000 / 3,000 units)
- Tooling or mould costs (if any)
- Packaging options and price differences
- Standard lead time and maximum capacity
- Payment terms and typical deposit percentage
Order samples with a test plan
When samples arrive, don’t just “look and feel”. Have a short test checklist:
- Does it match the agreed spec and drawings?
- Any obvious workmanship issues or weak points?
- Does packaging survive basic handling and drops?
- Is branding/printing aligned with your guidelines?
At Product Sourcing Solutions, we often combine sample checks with in-person factory visits—seeing the line tells you far more than a perfect sample.
Step 4 – Contracts, deposits and production plan
Once you’ve chosen your preferred supplier, it’s time to formalise expectations before any deposit moves.
At minimum, you want written agreement on:
- Final specification and approved sample(s)
- Unit price, payment terms and Incoterms
- Production timeline and key milestones
- Defect thresholds and what happens if they’re exceeded
- Responsibilities for certifications, testing and documentation
For larger or more complex projects, a proper manufacturing agreement is worth the extra effort. If you’re unsure, speak to a lawyer who knows your destination market and the production country.
Step 5 – Inspections and pre-shipment checks
This is where many brands lose money: they skip inspections to “save cost”, only to discover issues when stock arrives in their warehouse.
A basic inspection plan usually includes:
- Pre-production checks – materials, components, tooling.
- Inline inspections – spot checks while production runs.
- Pre-shipment inspection – final checks before balance payment.
An inspector (either your team, a third-party or a sourcing partner like us) works through a checklist, takes photos and videos, and reports any issues with a clear recommendation.
The cost of one proper inspection is tiny compared to the cost of a rejected batch, emergency rework or product recall.
Step 6 – Landed cost, debrief and retention
Once the shipment lands and you’ve seen how everything performs in the real world, take time to debrief. This is how you turn a one-off order into a repeatable supply chain.
Calculate true landed cost
Include everything, not just unit price:
- Ex-factory cost and packaging
- Inland transport and export fees
- Ocean/air freight, insurance and surcharges
- Duties, taxes and port charges
- Inspections and any rework costs
Score the supplier
Even if you don’t have a full retention system yet, a simple scorecard helps:
- Quality consistency
- Adherence to timelines
- Communication speed and clarity
- Flexibility when issues came up
Suppliers who score well are worth investing in: better forecasts, clearer briefs, and collaborative cost improvements over time.