In the past ten years, China has become a leading manufacturing center for medical devices and components. With the potential for lower overhead and labor costs, steadily increasing production capabilities, and rapidly growing demand for healthcare products in the local Chinese market, it is easy to see why China may be an attractive site for your sourcing and manufacturing needs. However, the risks and hurdles that are commonly associated with Chinese factories poor quality management, intellectual property theft, and differences in language and business culture can make sourcing in China a complex and daunting prospect as well.
To provide tips on how to avoid common risks and ensure the success of your China sourcing ventures, Gaiamed’s blog series, Sourcing in China: Best Practices for Medical Device Companies, will outline the sourcing process and provide tips for effective “best practices”, along with illustrative examples from sourcing projects we have assisted clients with in the past. The blog series will cover the following topics:
- Phase 1 – Supplier Search
- Phase 2 – Contract Negotiation
- Phase 3 – Purchase Order
- Phase 4 – Customs Requirements
- Phase 5 – Quality Inspections
- Phase 6 – Long-term Supplier Relations
