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Importing

Once your products are ready to leave the manufacturing source, we make sure they get to you safely. GPSOURCES has over 20 years of experience navigating tariffs, watching vessel schedules, and managing containers. After your products clear customs, our team continues our efforts through delivery at your doorstep.

 

Some importers find that their sourcing journey starts off surprisingly well, with an eager-to-please supplier, passed inspections, and few delays. They may feel they have mastered the importing game, pleased that they’ve succeeded, earned great ROI, and accomplished it all themselves.

 

The truth is,  every employer runs into issues eventually, whether they’re brand new or seasoned professionals.

Unexpected problems can vary in severity, and may include:
  • Delays in shipments (so common as to be expected)
  • Communication difficulties resulting in defective product
  • Suppliers raising prices at the last minute
  • Insurance Claims
  • Unsecured Bonds
  • Tariff Compliance
  • CBP Inspections
  • Intellectual property infringements
  • Quality fade (the quality of the production fading over time as a result of the factory cutting corners to expand margins)

Just one container load that can’t be sold in the Western market could result in losses capable of wiping out months of profits. A shipment of goods that fails a compliance law and can’t pass customs pulls people dollars in a hole — and that’s before the cost to ship and destroy the goods.

 

It is highly important to know what you’re doing, and to create contingencies for the eventual problems. The process is becoming easier as globalization and technology advance, though it’s still simplest —and in most cases, cheapest — to hire a sourcing and QC company to manage it for you. Delegating to the experienced professionals gives you peace of mind, and allows you to focus on product research, marketing, and scaling your company.

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