GLOBAL TEAM - International Manufacturer's Representatives

Vietnam Sourcing - Advantages & Disadvantages

Advantages

  • Lower prices
  • Faster lead times
  • Eliminate the need to hire when busy
  • Eliminate the need to fire when slow

Disadvantages

  • Payment terms
    • 1/2 with PO
    • 1/2 before Product ships
  •  Shipping
    • Sea is 3 – 4 weeks
    • Air is 1 week and expensive