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GOLD Sharing my lifetime experience in export/import. Product sourcing specialist.

Discussion in 'Product Creation, Inventing, Importing, Sourcing' started by Walter Hay, Sep 17, 2014.

  1. Xeon
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    Xeon My Lane is FastLane. Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Thanks a lot Walter!
     
  2. Walter Hay
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    Walter Hay Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    The best hope of getting any compensation is to convince such a supplier that you intend placing further orders because you understand that mistakes are sometimes made, and you like his company's design capability.

    Walter
     
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  3. Zedd9165
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    Zedd9165 Contributor Read Millionaire Fastlane

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    Hi walter,

    How are you doing? Walter I have been thinking if services like sourcing (used item) from an individual exist in the usa? For example, I require fitness equipment and someone in Chicago is selling it and I want to purchase that particular item through a reliable company and ship it to India. Just wondering if any such kind of things are possible for individuals since I work for a trading firm we have tie-ups with logistics companies who pick up our material worth millions from the manufacturers but I'm not sure if any such services are available when the amount is just 1000 to 2000 bucks max.
     
  4. Walter Hay
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    Walter Hay Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    I suggest that you look for experienced, go-getter people in the fitness industry and put a proposal to them.

    You might need to find people in several locations willing to hold the items for you until your logistics organization to pick it up and ship for you.

    Walter
     
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  5. Zedd9165
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    Zedd9165 Contributor Read Millionaire Fastlane

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    Thank you for the suggestion but do you think it will be possible to form a trust when doing such business where the chances of getting cheated are high?
     
  6. Walter Hay
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    Walter Hay Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    That is the biggest problem and for this reason at least a personal meeting would be necessary, although not foolproof.

    I don't know of any established services that would handle such work for you.

    Walter
     
  7. Zedd9165
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    Zedd9165 Contributor Read Millionaire Fastlane

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    I totally agree about a personal meeting. Further, I have been a member of one of the fitness related forums where there are several enthusiasts who have helped in sourcing fitness equipment locally. But none of them ever had overseas tie up. These people are trustworthy (but cant be guaranteed when money is involved). Hope it works out.
     
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  8. mguerra
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    mguerra Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    Hey Walter, how are you doing?

    I'm having a certain issue in my business and I could only thought about you when I decided to ask an expert for direction. Here is my situation:

    My supplier sent my products (empty plastic jars) and paid U$630 of shipping via Fedex to Brazil. When the Fedex agent called me to inform about the tax - which was absurdly high - he veemently affirmed that the value paid to ship was U$1700 (which is impossible, because the total order value was about U$900).

    When I contacted the supplier he told me that it must be a mistake and he only paid U$630 and that he's going to call Fedex tomorrow.

    I asked him to send me a document that proves this was the value he paid to ship and I'll make an appeal to fedex to recalculate the tax. Can you guide me on what the possible causes and solutions on this case may be?

    I really appreciate your help. Thanks in advance =)
     
  9. Walter Hay
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    Walter Hay Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    I'm sorry to learn about your problem, but unfortunately this kind of situation occurs often in Brazil.

    I suspect that either:
    • The FedEx agent you have been talking to is corrupt and if so he/she will probably want payment outside the FedEx system, or
    • A Customs officer is corrupt and is demanding money from the FedEx agent.
    You need to contact a senior person in FedEx, or at least someone other than the one who has already contacted you.

    I posted on a similar issue in relation to imports to Brazil in this post:
    GOLD - Sharing my lifetime experience in export/import. Product sourcing specialist.

    Your best chance of success is to hire a Customs Broker to do the clearance for you. At this stage, an import entry has almost certainly not been lodged with Customs, so if you find a good Customs Broker they should be able to intervene and handle the clearance for you.

    Walter
     
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  10. Xeon
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    Xeon My Lane is FastLane. Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Hi again Walter, do you feel it's very expensive to ship textile/fabric from Thailand to the US (GA,PA,NC,SC and other East coast states)?

    My manufacturer is quoting USD285 to ship a 15 KG (33 lbs) product to one of the east coast state and it feels expensive to me (DHL).

    I wonder if there's some other alternative method of shipping to halve the cost (besides sea freight as that's too long).
     
  11. Walter Hay
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    Walter Hay Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    I would regard that cost as grossly excessive. It would seem that either your supplier or DHL must be trying to take advantage of you.

    Search for air freight consolidators and get quotes, being sure to specify door to door. You will need the dimensions of the package, because textiles can sometimes be bulky but light and that can result in freight costing a lot more than you would expect.

    Walter
     
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  12. Xeon
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    Xeon My Lane is FastLane. Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Thanks Walter, would you consider something like this: Freight Forwarder in Bangkok, Thailand | AXIUM SHIPPING to be an air freight consolidator?

    If I'm not wrong, an air freight consolidator basically sends people down to my manufacturer, collect the goods, then ship it together with goods from other companies to the similar place to get a cheaper rate?

    EDIT: Just to add, I just purchased your book! Cheers! :innocent: :halo:
     
    Last edited: Feb 13, 2018 at 3:20 AM
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  13. Walter Hay
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    Walter Hay Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Strictly speaking, Axium is a freight forwarder.

    There is an overlap in the definitions of freight forwarders and freight consolidators, and in most cases both classes of business will carry out the same roles. Not all freight forwarders will provide consolidator rates on freight, and not all freight consolidators will handle all the necessary functions to handle a shipment from point A to point B.

    The primary distinction is that a true consolidator buys freight capacity at a volume discount, and sells that capacity to people wanting to ship various size shipments, very often quite small. They should, and usually do, pass on some of the discount they have obtained.

    In either case you must obtain quotes and you should always specify exactly what you want. In most cases you will want an all-inclusive cost from the pick up point at your supplier's premises to delivery to your specified address, including Customs clearance.

    Note: Clearance costs never include duty and tax. These are always your responsibility. The exception is the rarely used DDP.

    Walter
     
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  14. Xeon
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    Thanks Walter, if I'm in Singapore, and the manu is in Thailand, and the warehouse is in the US, does it matter which country the freight consolidation company is from? Is it preferable for it to be in the same country as the manu?
     
  15. Walter Hay
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    Walter Hay Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    It is usually best for the consolidator to be in the same country as the manufacturer, but if using a freight forwarder I would choose one in the destination country.

    Walter
     
    Last edited: Feb 14, 2018 at 5:26 PM
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  16. Walter Hay
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    Walter Hay Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Thanks for Rep transfer.

    I don't know where to post this, so I hope those who have sent me reps will see this post.

    I have received some generous rep transfers, and because they come from members whose PMs are blocked I can't thank them directly.

    So..... thank you to all who have sent me reps. If I have missed directly responding to any, please accept my apologies and be assured that I appreciate being appreciated.

    Somehow I think maybe there is a role for a thread that enables members to acknowledge rep transfers.

    Walter
     
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