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INDUSTRIY BACKGROUD


In 2010 China contributed to 19.8% of world's manufacturing output and became the largest manufacturer in the world that year, after the US had held that position for about 110 years. Major industries include basic industries; textiles and apparel; food processing; automobiles and other transportation equipment including rail cars and locomotives, ships, and aircraft; consumer products including footwear, toys, and electronics; telecommunications and information technology. China has become a global hub for manufacturing as well as the largest exporter of goods in the world

 

Always try to buy from someone who is liquidation minded, not wholesale minded

 

Research by IHS Global Insight states, in 2010, 0.8%~1.5% of China's manufacturers have excess stock problem, which many business owners and managers don’t embrace as a priority, it ties up valuable warehousing space and negatively affects cash flow, but sometimes, it’s inevitable.

 

Fanco specialize in sourcing & purchasing overstock situations which may include, short expiry dated stocks, discontinued stocks, slow moving stocks, cancelled orders, old warehouse stocks and generally any problem stocks/inventory that come from various manufacturers.

 

Our partners are most professional manufacturers/suppliers for Walmart, Carrefour, COSTCO, METRO etc, and cooperated clients are worldwide retail chains such as Dollarama, Dollar Tree, 99Cents Only stores, BIGLOTS, HEME, EuroShop etc.

 

Stocks is our main marketing way, we also provide OEM and regular ORDER service according to international buyer’s requests.

 

Safety: honest, responsible, customer-oriented

Specialization: Minimum 3 years experience in stock business, sample testing, producer investigation, final random inspection 

Efficiency: Own warehouse in Shenzhen, fast delivery after order confirm