Full Question
We have to make a 30% down payment to some suppliers in China against orders. How can it be secured and how to guarantee delivery of goods?

Answer
The answer to your question has two parts.

1. How to find the right supplier in the first place, and to ensure that it is a legit seller and not a scam, or an under-performing vendor?
2. After the order has been placed, how to verify that the goods shipped are up to your quality standards?
   Video 1: Finding SuppliersVideo 2: Evaluating Suppliers

   Video 4: Project Management and Quality Control

   Video 8: Avoiding Scams

   Essential sourcing skills: Supplier Verification

If you only take away one thing from the above resources -make sure you link the supplier’s performance to your payments. In other words, don’t make the final payments until the terms of the contract (quality, delivery, etc.) have been completed. And be sure to verify quality with an independent party before the goods ship out of China.