I was forced to stop everything one day and sit down to look at a part that goes onto one of my products. The part turned out to be defective in it’s design, which meant I had to stop selling the product and start figuring out what to do. I had to make some hard decisions at this point because the part was made overseas and the quality was starting to become a problem. This does not mean that all parts made overseas have quality issues; it was just the case in this particular product.
So the first thing I have to do obviously is find one or two places that can make the part for me. This can be challenging. After that, the next question is checking the quality of the supplier since this is the problem that is plaguing me and I dont want a repeat performance. The next factor is cost. When you start this project most places will let you know that they cannot beat imported prices right off the bat. They want you to know this so that you do not waste their time. When you start doing this equation you need to figure in the price of the item that you pay plus the price of importing that item. If you really want to be precise add in the price of the customs fee...