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Sourcing
Time Frame and Payment Schedule for Low Cost Sourcing Action
Payment Schedule
Time Frame (To US)
Receive Inquiry
No charge for quote
PRC
1-3 India
2-4 EE
1-3 Tooling Order
50% of tooling cost
20
Tooling Complete
Remainder of tooling cost on sample approval
7 days for corrections
Production Order
30% down
30
Production Complete
30% prior to shipment
30
Quality Check by CMS
30
Transport to Port of Exit
1-2
1-4
2
Outbound Customs
2
Shipping to Port of Entry
20
20
15
Inbound Customs
2
Inland Shipping
2-7
Received by Client
Remaining 40% after quality acceptance
Around 3 months
consulting service
With a profession network around the world, CMS's extensive experiences in manufacturing could help our clients to conduct in depth training to their global sources in terms of Six-Sigma, Lean Manufacturing, Quality System, Product Qualification, Vendor Qualification, Collaboration in New Product Development, TPM, Core Quality Tools (SPC, DOE, MSA, FMEA, Control Plan, DFSS) etc.
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