why factory audits and product inspections are important

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Post on 19-Jun-2015

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The risks to buying from China, India, Bangladesh, Vietnam and other low cost countries. This slide show identifies the risks and provides some solutions

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  • 1. Why Do I need Inspections? Goodada Q3 2013

2. Source: http://www.businessinsider.com/most-counterfeit-goods-are-from-china-2013-6 Why is a Factory Audit Important? Picture Souce : :http://www.thesun.co.uk/sol/homepage/news/4127079/Probe-at- bad-Apple-factory-hit-by-spate-of-suicides-amid-claims-of-poor-conditions.html 3. Because 59% of buyers do not know if they have a suitable seller Source: Goodada Internal figures 4. Companies struggle to maintain control of their supply chain when they outsource to low cost countries However their customers are demanding more control and accountability 5. Why is a Social Audit important? 6. Because 1000s of employees die every year due to bad Factories Source: http://resources0.news.com.au/images/2013/05/01/1226633/325568-bangladesh-factory-collapse. 7. Source: http://izismile.com/2012/09/14/ingenious_fake_products_from_china_9_pics-3.html So why do I need a to have my Product Inspected ? 8. Because can you really calculate the true cost to your company because of Faulty Products? Source: http://www.guardian.co.uk/world/2013/may/03/china-arrests-fake-meat-scandal 9. It is always better to find product faults at the Factory floor rather than at your Door Aidan Conaty Founder TCI China Inspections 10. So why is a container Loading Inspection Important? 11. Because you dont need your goods arriving looking like this! Source: http://morethanshipping.com/cargo-claim-procedure 12. 3 Rules to Reduce Risk Rule 1 Have full knowledge of who you are actually buying from. Get it independently verified. Rule 2 Always have a Bi-lingual Purchase Contract drafted for every order. Rule 3 Always get the goods inspected before it leaves the seller 13. US Customs report that 87% of the value of counterfeits seized originated in China Source: http://www.businessinsider.com/most-counterfeit-goods-are-from-china-2013-6 14. Order an inspection from Goodada.com today Because Inspections will save you money 15. Goodada.com provides Inspection Services that are fast and affordable. The inspections are conducted by reliable, capable and qualified inspection companies. Our online ordering and secure payment service provides extra comfort. The inspection services offered include Factory Audits, Product Inspection, Laboratory Testing. Visit Us: http://inspection.goodada.com