Domestic vs. overseas suppliers
Both domestic and overseas sourcing have their advantages and disadvantages:
Domestic sourcing
Advantages
- Higher manufacturing quality and labor standards.
- Easier communication with no language barrier.
- Marketing appeal of being made in North America.
- Easier to verify reputable manufacturers.
- Faster shipping time.
- High intellectual property right protection.
- Greater payment security and recourse.
Disadvantages
- Higher manufacturing costs.
- Less product choice (there are many items that just aren’t made in North America anymore).
Overseas sourcing
Advantages
- Lower manufacturing costs.
- High number of manufacturers to choose from.
- One-stop services have made it easy to navigate suppliers.
Disadvantages
- Lower perceived quality from customers.
- (Usually) lower manufacturing and labor standards.
- Little intellectual property protection.
- Language, communication and time zone barriers can be difficult to navigate.
- Difficult/costly to verify manufacturer and visit on-site.
- Longer shipping time.
- Cultural differences in business practices.
- Product importation and customs clearance.
- Less payment security and recourse.
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