Streamline
has an experienced staff and a large network of factories
in many industries to which to submit requests. We are
confident that you will be more than pleased with our
speed, professionalism, and prices. Below is an overview
of our RFQ process.
RFQ Frequently Asked Questions (FAQ)
- How long will
it usually take to receive a quote response to an
RFQ?
- How long are
quotes valid?
- Is it necessary to submit a sample
to Streamline?
- Does order size matter?
- Is it possible to find an exact
replica of what I want?
- Does Streamline provide supplier
samples?
- Are there any mold fees or tooling
costs attributable to the RFQ process?
- Where are Streamline’s factories
locations?
- Will Streamline sign Confidentiality
and Non-disclosure Agreements?
- How long
will it usually take to receive a quote response to
an RFQ?
Most RFQs will be answered within three to five business
days. If the item requested is particularly complicated,
the process may take longer.
- How long
are quotes valid?
Quotes are valid for no more than three months from
the time they are submitted. After three months, a
new quote must be made (unless otherwise stipulated).
- Is it necessary
to submit a sample to Streamline?
When making an RFQ, it is preferable to provide a
sample or precise specifications for the product for
which you would like a quote. Only in this way can
all parties be assured that they are comparing apples
to apples. This is especially true for items that
have an advanced level of scientific or technological
involvement or which are fairly unique or novel in
nature.
But even in cases where the items are fairly simple,
there is always a wide range of quality variables
that may be manipulated in the development/production
process and as a result, having the “real McCoy”
makes discussions with both suppliers and clients
far simpler. Pictures of desired items, while useful,
are rarely enough to provide insight into all aspects
of production.
- Does order
size matter?
It is true that China has low prices on many items
relative to the rest of the world. However, small
order sizes do not tend to garner effective cost gains
unless the items are of particularly high unit value.
Suppliers are simply unwilling to go through the effort
of producing a small quantity of items that have low
unit value unless they can ensure a reasonable rate
of return. This is particularly true if the RFQ contemplates
creating something that is new and requires design
and development costs. As a result, prices tend to
be less competitive on such items. Additionally, the
cost of shipment per unit is much higher on small
quantities and may in some cases eat up any gains
obtained through international sourcing.
- Is it possible
to find an exact replica of what I want?
Even when RFQs concern fairly common items, it is
frequently difficult to find exactly the style or
design a client wishes. The item in question may even
already come from China. However, there are many factories
and China is a big country. It will frequently be
difficult to find an exact replica of an item or picture.
The more insistent a client about the exactitude of
the item requested, the less likely it will be to
find and the more costly to reproduce. Though it is
sometimes impossible to accept substitutes (e.g.,
repeat orders every year), in general a willingness
to pursue similar items will provide cheaper, faster,
and more results in most cases.
- Does Streamline
provide supplier samples?
It is Streamline’s pleasure to provide pre-existing
samples if available. Costs applicable to their attainment
and shipment are the responsibility of the client.
- Are there
any mold fees or tooling costs attributable to the
RFQ process?
Any new items, or even new aspects of old items, will
frequently require the development of a mold capable
of delivering the desired shape or design. In some
cases, molds may be relatively inexpensive, particularly
when amortized across large or frequent orders. In
other cases, they may be extremely costly. Requesting
the design or development of something new will invariably
necessitate additional tooling costs even if only
for a sample. These are the responsibility of the
client.
- Where are
Streamline’s factories located?
Once upon a time, the majority of factories involved
in export were located in Southern China – Guangdong
Province. This is primarily because of its proximity
to Hong Kong, historically the launch point for any
western ventures onto the China Mainland. Because
of this synergy, suppliers in Southern China have
enjoyed rapid and profitable development and modernization.
However, the great volume of business they do and
their experience working with western clients has
allowed them to charge a premium for their services
and to become selective in the orders they pursue.
To obtain the greatest cost savings, it is often better
to move further north and buy from factories that
are “hungrier” and more in need of foreign
business. This is where Streamline prefers to work.
- Will Streamline
sign Confidentiality and Non-disclosure Agreements?
Streamline clearly understands the importance of client’s
proprietary information and his/her comfort and confidentiality
are of primary concern to us, as well. Please rest
assured that we frequently handle confidential and/or
patented information and work exclusively on projects
with our clients. In fact, we prefer to work this
way.
Many RFQs require the transmission of confidential
or otherwise sensitive data. Under most circumstances,
Streamline has no problem signing Confidentiality Agreements
and/or NDAs with clients.
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