News

08 August 2022

SOUTH-EAST EUROPE - THE SERIOUS SOURCING ALTERNATIVE THAT WE SHOULD ALL CONSIDER

The undeniable fact – many companies in Europe decide to shift their sourcing activities from China to the countries in South-East Europe (SEE).

Why? There are various reasons, and we will name just the main ones, such as:

• China’s “zero-tolerance” approach;
• The ongoing increment of the shipping costs;
• The uncertainties related to the war in Ukraine; and
• USD is getting stronger day-by-day when compared to the EUR.

The benefits of sourcing in the countries from SEE through Immoricon:

• Flexibility and 24/7 availability; Proximity (each of our production partners is a maximum 3-hour flight away);
• Much shorter lead times (our supply partners grant 3-6 weeks lead-time for new orders);
• Quick deliveries (2-5 days transit time to any country in the EU);
• Small MOQs for the products (most of our partners start with MOQ of only 50 pieces per option);
• Small MOQs per delivery (starting from one pallet only);
• EUR1 document on most of the products;
• No limits when it comes to new product developments;
• Strict on-site QC and audit from an employee at Immoricon.
  

The main benefit for sourcing from China was the price. On FOB basis, the prices of the Chinese producers still seem to be very competitive. However, our studies show that when we compare the landed price to the customers warehouse in Europe, the manufacturers in SEE (especially the ones on the Balkans), are already slightly cheaper on various products, with an emphasis on:

• The items that take more space (i.e. quilts, pillows, mattress toppers, mattresses, beds, furniture, etc…); and
• The products that use raw materials which are not sourced from the Far East.
  

All of the products that we offer are sourced from reliable and certified factories that comply with the highest manufacturing and workplace standards. We would be more than happy to hear more about your current inquiries and to assist you with any of your ongoing challenges!

Contact us – you won’t regret it!