Supplier Guidance and Benefits from Socialwalk

Look at what some of them have to say about our quality buyers.

"We feel that the business matching service was useful and necessary for both buyers and suppliers. It was the right thing for the organizer to engage Socialwalk to organize this session. We're happy with their service."
Dr. Arh. Shawki Salman, Chairman 
Star International Med, Romania

 (MENOPE 2012)

"Socialwalk has been of great help. The business matchmakers were friendly and very helpful. The team is also very prompt in replying to my enquiries. Excellent!"Ms. PoojaRavinath, Director
Shea Butter Trading LLC, UAE 
(MENOPE 2012)

"Good matching system and service!"
JackHou, Oversea Sales & Sales Manager
Boxin Bio-Tech., Ltd 
(Food Ingredients Asia)

"We had quality professional trade buyers coming to our booth to meet us. Your business matching service was good."
Maurice Martin, Director
MitraMandiri Lestari 
(Food Ingredients Asia)

"Socialwalk business matching service is very useful. They introduced relevant buyers and distributors to us. They also helped us set up meetings at B2B trade show. I am willing to pay for this service again!"
Mr. Lu Guibin, General Manager
Kasser International Co., Ltd, Taiwan

Click Here for more testimonials for Socialwalk.

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What Every Buyer Needs to Know

Issue	Response
What can I do if my goods are not delivered after full payment and how do I avoid this problem next time?	In the opinion of Sophie Mao of www.chibridge.net, lawyer in China, "The best way to protect yourself is to structure your payment terms so that payment and quality of the goods are linked. Make sure to keep the deposit as small as possible and do not make the remaining payments until you or a third party inspection agent has checked the goods." If you have the following items in place, then there is a decent chance of negotiating a resolution that is acceptable: A signed or chopped contract that defines clearly the acceptable level of quality. A clear paper trailing showing proof of payment. The seller named on the contract matches the receiver of the payments. (With so many trading companies out there it is a common mistake to have a contract with a supplier but pay a trading company). Your supplier has physical and financial assets (small "one-man-bands" disappear as soon as they feel a lawsuit is on the way). The jurisdiction on the contract matches the location of the supplier's assets at a city, province or country level. It is always nice to have future orders you can leverage as well.
How do I make sure the quality of goods received is according to contract?	1.      Ensure the supplier can actually achieve your desired level of quality in the first place: ·         Physical inspection of the factories and a review of actual production samples ·         Recruit independent agents that can assist with this qualification and analysis process. 2.      Always see an actual production sample from the actual supplier. 3.      Ask the supplier to provide their internal QC documentation.
How do I pick a supplier?	1.      First, identify the qualities of your ideal supplier would look like: ·         access to a certain raw material, ·         are they ISO-certified, ·         are they verified suppliers, ·         do they have X number of employees, ·         do they produce X amount of goods per year and so on ·         their product country of origin 2.      Compare the website or brochures from your list of potential suppliers against the attributes of this "ideal supplier" and create three piles: "No way," "Maybe" and "Looks good." Generally speaking, the websites and brochures offer you a best case scenario in terms of capability and experience of the factory. Sales and marketing people anywhere in the world tend to overpromise and under-deliver. 3.      Only at the final stage of choice do we bring in a key factor: price. Knowing the tendency to favour a cheaper option, price should only come into consideration once a handful of quality choices are available for choice. *Thankfully for you dear buyer, the hassle and pain of going through a pile of brochures and endless websites can be eliminated with Socialwalk’s business matching service.  Not only do we save you precious time, we reduce the risk of undependable and unreliable suppliers Through us, you will meet serious buyers, quality suppliers and credible partners.
How do I know if a supplier is legitimate?	You should contact the suppliers and conduct the RFQ or request for quotation. Their feedback should allow you to narrow down the list further to only the top two or three based on pricing and non-price attributes. There are professional service providers available that conduct these types of verifications at very reasonable prices. Contact us for free one-to-one session at kelly@socialwalk.com

Source: Answers written by Mike Bellamy, an Advisory Board Member & Featured Blogger at the not-for-profit China Sourcing Information Center. Mike is also the author of "The Essential Reference Guide to China Sourcing" and founder of PassageMaker Sourcing Solutions

Feeling ready to start your supplier search now? Well, there’s nowhere better to start than with Socialwalk.

Do you know that Socialwalk have more than 50,000 suppliers from 132 countries?

Click here to check out our suppliers in Food Industry today.

If you have any other questions, feel free to share with our Industry specialist at Socialwalk

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Tesco Malaysia sales up 12%

PETALING JAYA: Tesco Malaysia has recorded a sales growth of 12% in its 2011/2012 financial year (FY11/12) over the previous year, supported by contribution from new stores as well as aggressive promotions. 

In FY11/12, the hypermarket chain opened eight new stores and its first 3,000-sq-m superstore in Bukit Beruntung, bringing the total number of stores in Peninsular Malaysia to 45.“The market outlook is positive and we see continued confidence in the Malaysian retail market,” chief executive officer SungHwan Do said in statement.The local associate of UK-based Tesco also said it had successfully modernised 120 mall retailers and neighbourhood provision shops into modern retailers under the Economic Transformation Programme’s TUKAR scheme.

We can bring the business opportunity to you, Click Here.
Source : The Star news.

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Giant Hypermarket remains as shoppers’ favourite

In Malaysia, the mention of Giant hypermarket (Giant) evokes vibrancy, comfort and a complete shopping environment.

Having pioneered the concept of modern supermarket shopping, Giant now sets the standards in the industry with innovative marketing and promotions, efficient store designs and attractive product pricing.
Owned by GCH Retail (Malaysia) Sdn Bhd (GCH Retail), the chain currently comprises 128 Giant hypermarket and supermarkets throughout the country.

For the record, GCH Retail is Malaysia’s leading retailer and it owns the Giant hypermarkets, Cold Storage supermarkets and Guardian pharmaceutical retail businesses in Malaysia.
BizHive Weekly recently contacted the marketing department of Giant hypermarket headquartered in Kuala Lumpur and was updated on Giant corporate profile by its marketing director, Ho Mun Hao.
In the exclusive email interview, Ho said that Giant would continuously invest in its logistics and supply chain management in line with its philosophy of growing with its business partners and promoting the development of the retail industry.

“One such strategic plan is the RM260 million state of- the-art distribution centre (DC) in Sepang, Selangor,” he revealed adding that the DC would help reduce logistics costs for its suppliers and reflected its commitment to continue to invest and help the retail sector grow.
GCH Retail, which has a 22 per cent share of the country’s modern retail trade market plans to add two satellite DCs and one fresh food DC at strategic locations this year, with estimated investment amounting to RM260 million.

As one of the largest employers in the country, with 17,000 employees currently, Giant has been serving Malaysians with its unrivalled promise of low prices everyday, big variety and great value.
Having been in the retail industry for 68 years dealing with fast moving consumer goods (FMCG) product, Giant is a true blue Malaysian brand and the company is looking sharp into the future as it has spread its wings regionally to Indonesia, Vietnam and Brunei as well.

Are you looking for business connection with GCH Retail Malaysia? Click Here

Reference: http://www.theborneopost.com/2012/08/19/giant-hypermarket-remains-as-shoppers-favourite/

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Malaysia International Halal Showcase

Event Name : 10th International Halal Showcase

Date : 3 April - 6 April 2013

Venue : Kuala Lumpur Convention Centre, KLCC, Malaysia

Organizer : Matrade, Malaysia External Trade Development Corporation

Website : http://www.mihas.com.my/

No. Exhibitors       : 300 +

Event Profile

Malaysia’s central position in Asia makes it an ideal trading platform to draw the world’s halal players in facilitating the sourcing and selling of global quality halal products through the 10th International Halal Showcase (MIHAS) held for 4 days.

Organised under the auspices of the Malaysian government, MIHAS is hosted by the Ministry of International Trade and Industry (MITI) and is organised by the Malaysia External Trade Development Corporation (MATRADE).

The event highlights on this show which is the two-day Incoming Buying Mission organised by MATRADE is aimed at providing personal, one-to-one discussions and business negotiations between buyers and sellers. Throughout the years, IBM has proven to be the most anticipated MIHAS event and it is the main reason international businesses keep coming back to MIHAS.

For more info last year's event, click here

Source:

1. http://www.biztradeshows.com

2. http://www.mihas.com.my/

3. http://apps.socialwalk.com/events/612-9th-malaysia-international-halal-showcase

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MIA International Food Show

Event Name : Mia International Food Show (Mostra Internazionale Dell'alimentazione)

Date : 16 Feb - 19 Feb 2013

Venue : Rimini Fiera, Italy

Organizer : Rimini Fiera S.p.A.

Website : http://en.rhex.it

No. Exhibitors   : 1500 +

Event Profile

Held at Rimini Expo Centre, Italy, the Mia International Food Show is 39th international food show will offer viable platform for showcasing food processing and packaging machines, materials, systems and product under one platform. Leading expo in catering world, the show specifically addresses the eating out trade. Organized by Rimini Fiera S.p.A., it is a vital appointment for the food trade.

The  exhibitor for exhibit include:

1. Food Processing Machinery & Equipment

2. Assorted Food & Beverage Processing Equipment

3. Drink / Juice Equipment

4. Food Sterilizing Machinery / Equipment

5. Bakery & Confectionery Equipment

6. Food and Beverage such as: Poultry / Meat / Halal Meat, Dairy Products, Chilled & Frozen Foods, Fresh Produce.

7. Seafood: Fresh Seafood Products, Seafood Processing.

8. Food Ingredients: Aromas, Flavours & Fragrances, Food Additives / Raw Material.

Source:

1. http://www.biztradeshows.com
2. http://en.rhex.it

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SM Cologne

Event Name : SM Cologne
Date : 27 Jan - 30 Jan 2013
Venue : Cologne Exhibition Centre, Cologne, Germany
Organizer : Koelnmesse GmbH
Website : http://www.ism-cologne.com
No. Exhibitors : 300 +

Event Profile

SM Cologne is a biggest confectionery trade fair. ISM refers to International Sweets World. The event will provide assistance in the penetration of new products and services in global market. Attendees coming to this event will find new ideas, new technology and a wide variety of food manufacturing solutions for their operations. Exhibitors will get an opportunity to get you touch with existing or new customers.

ISM Cologne is a home to numerous variety of candies and different kind of biscuits. The show will showcase all the innovative and latest trends in confectionery sector. The show will attract more and more visitors every year in the show.

Source:
1. http://www.biztradeshows.com
2. http://www.ism-cologne.com

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