Adrian hosts and Renaud is onboard to offer some cautionary advice about working with 'the cheapest Chinese supplier' with a focus on relatively ordinary consumer and electronic products. What might sound like a good deal could actually land you in hot water. Here's why...   Show Sections 00:00 - Greetings and introduction: Should we be wary of choosing the cheapest supplier? 05:35 - Warning signs from cheap suppliers. 09:54 - Do lowest prices = a stable relationship for the mid to long-term? 15:18 - Does a manufacturing contract protect you from the supplier making changes due to not being able to afford to honor low prices? 17:55 - What type of factory are you even dealing with? 24:36 - An example quote for very low-cost plastic injection mold tooling and the problems you might face in future if you accept. 27:23 - Avoiding the cheapest options and doing due diligence is a must for certain product types. 29:21 - What can go wrong when you work with a cheap/bad supplier? 33:47 - Is it really impossible to get a small factory to do a good job? 39:18 - Wrapping up.   Related content... The four levels of Chinese factories Learn how to source from China: DIY Sourcing from China Podcast Series Free eBook: How To Find A Manufacturer In China: 10 Verification Steps Hands-on buyers: qualifying factories and nurturing them Hands-off buyers: accepting the risks of importing Get help from Sofeast to do your due diligence on potential suppliers: Background Checks on Suppliers   Get in touch with us Connect with us on LinkedIn Send us a tweet @sofeast Prefer Facebook? Check us out on FB Contact us via Sofeast's contact page Subscribe to our YouTube channel   Subscribe to the podcast  There are more episodes to come, so remember to subscribe! You can do so in your favorite podcast apps here and don't forget to give us a 5-star rating, please: Apple Podcasts Spotify Google Podcasts TuneIn Amazon Podcasts Deezer iHeartRADIO PlayerFM Listen Notes Podcast Addict Podchaser