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What products are good candidates for overseas sourcing?

April 26, 2017candidates good overseas products Sourcing

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What products are good candidates for overseas sourcing?

1 Answer

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10 Posted

The greatest advantage to sourcing overseas is in taking advantage of lower international labor rates. The disadvantage is higher shipping costs. For a product to be produced more economically overseas, the labor savings must outweigh the increased shipping expense. Consider products with high assembly costs or high labor costs that are small in size. Consider products that require manual operations. Consider products that stack or nest well. Consider products that are lightweight and dense. Consider products that are mass produced or produced in sufficient volume to merit shipping via Full Container Loads (FCL) and because it is generally easier to maintain production than it is to start production, consider repeatable or staple products.