- Original Poster
- #1
I have a new pelmet system that I am looking to launch to enhance the look of roller and vertical blinds. The prototypes/ designs have all been finalised and I am now ready for sourcing the aluminium extrusion and plastic injection moulded parts which are "end caps" for the extrusion.
I have got the extrusion sorted and will be placing the order next week for the 1st order of the extrusion. I am struggling with the end caps, the tooling costs that I have been quoted from the UK have been way more that I expected running from 6 to 10k (it is only a small tool) plus the cost of the moulds have been very high for such a small part. In an attempt to reduce the cost I have been looking at China and have had very favourable quotes, but after reading horror stories from dealing with China it has got me worried, one particular company has quoted a very good price at $2K for the tooling but I am struggling to find out any concrete information about this company (China Synergy Manufacturing Co. Ltd.) which makes me nervous. On the plus side the payment terms are 50% down and the balance on satisfactory samples then the "bulk" order has to be paid "upfront". I have asked if they will take a Escrow payment but they will not, but they do accept Paypal which got me thinking I would have some protection with the Paypal method. I am in a bit of a dilemma as to what to do ?
I would appreciate any thoughts or suggestions from you.
I "knocked" up a very basic web page showing the product :
pelmate.co.uk
which was used to get feedback from our trade.
I have got the extrusion sorted and will be placing the order next week for the 1st order of the extrusion. I am struggling with the end caps, the tooling costs that I have been quoted from the UK have been way more that I expected running from 6 to 10k (it is only a small tool) plus the cost of the moulds have been very high for such a small part. In an attempt to reduce the cost I have been looking at China and have had very favourable quotes, but after reading horror stories from dealing with China it has got me worried, one particular company has quoted a very good price at $2K for the tooling but I am struggling to find out any concrete information about this company (China Synergy Manufacturing Co. Ltd.) which makes me nervous. On the plus side the payment terms are 50% down and the balance on satisfactory samples then the "bulk" order has to be paid "upfront". I have asked if they will take a Escrow payment but they will not, but they do accept Paypal which got me thinking I would have some protection with the Paypal method. I am in a bit of a dilemma as to what to do ?
I would appreciate any thoughts or suggestions from you.
I "knocked" up a very basic web page showing the product :
pelmate.co.uk
which was used to get feedback from our trade.