Near-Sourcing in Europe (+ Turkey) VS Buying from China (Feat. Fredrik Gronkvist, Productmkr.com)

2024-05-24

Renaud hosts and is joined by Fredrik Gronkvist, founder of Productmkr.com, to discuss near-sourcing from Europe + Turkey (and Mexico for North American buyers) VS buying from China. Fredrik has done a lot of research on how to source from China alternatives and he now offers a supplier database for subscribers to help make finding the right option easier. Here he shares his advice on near-sourcing and how it differs from the traditional approach of buying from China. Show Sections 00:00 - Greetings and introduction. 04:14 - What are the key challenges importers face when near ...

Show Sections

00:00 - Greetings and introduction.

04:14 - What are the key challenges importers face when near sourcing?

08:14 - How to improve your chances of receiving a response from non-Chinese suppliers?

11:04 - What is the impact of near sourcing on MOQs and lead times?

17:03 - Does near sourcing reduce quality and compliance risks?

22:40 - Does it make sense for all types of products?

27:23 - Is the process of identifying and screening potential suppliers in Europe/Turkey the same as in China or Vietnam?

32:19 - How should buyers approach sourcing from nearby countries? (Summary)

33:24 - Wrapping up.