Is China and Cheap Pricing A Deadly Combination?
China has become an attractive destination for numerous manufacturers because of its inexpensive labor and affordable production expenses. Consequently, many manufacturers opt to conduct their business in that location.
Superficially, China's attraction cannot be denied. Nevertheless, there is a concealed danger that is not known to many. What is precisely the nature of this risk one would wonder?
The fraud occurs when Chinese partners entice manufacturers with offers of inexpensive labor and reduced production expenses. After the agreement is finalized, the project gets underway. This is when the deception becomes apparent: Chinese partners frequently utilize subpar materials, jeopardizing the quality and durability of the product.
Furthermore, numerous Chinese competitors could plagiarize the product design by filing for patents without the client's awareness. Another strategy is to share the design with Chinese companies and modify it to meet the specific requirements and preferences of the local market.
This scenario frequently results in disagreements and prolonged legal battles. At times, solutions aren’t achieved even after several rounds of discussions. Hence, safeguarding the production process is essential for manufacturers to shield themselves from these problems.
One may question how to resolve this issue. To proceed, simply adhere to these guidelines:
- Do comprehensive research on the people you are dealing with and how they conduct business.
- Stay in constant communication with your team to receive regular updates.
- Make sure there is clarity and honest dialogue.
- Carefully record each stage of the procedure with great detail.
These actions may appear mundane, yet they can be beneficial when issues occur.
This is why being more careful when engaging in business with specific companies is crucial.
At Krishani Product Development, we carefully follow a strict procedure to prevent these mistakes:
- We make sure to introduce our services clearly to our clients.
- We offer regular CRM updates to keep clients in the loop.
- We keep channels of communication open with our clients.
- We sign NDAs to protect intellectual property.
- All project phases are recorded using a Flow Management System (FMS) tailored for the client.
Some of our other notable features are:
- Guaranteed money-back policy
- Maintenance of mold up to 5yrs or throughout its lifetime
- High-quality goods are created using carefully selected materials.
- Prototyping products to provide a better understanding of the result.
- Customer's confirmation of samples
- Timely delivery of goods
- Certification for food grade or non-food grade silicone is offered to customers.
These measures demonstrate how we ensure the production process is safe at Krishani Product Development to avoid accidents.
Krishani Product Development will make your ideas come alive. We’ll help you customize your ideas, which will keep you coming back to us for your future needs. This is the assurance Krishani gives to all its customers.
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