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Economies of Scale
For many products in its related industries, Pegasus has over the course of many years built up a large network of trusted suppliers across China. This allows us to aggregate our spend across multiple customers for the same product category, and leverage preferential pricing from our suppliers, and in turn pass these savings onto our clients. Without these economies of scale, a stand-alone client is unlikely to be able to leverage suppliers in the same way.
Avoiding Consequential Loss
While a low-price solution from a Chinese manufacturer may appear to offer significant cost savings, it’s important to understand that the Chinese manufacturing sector in its entirety covers all areas of the global quality spectrum. From extremely low cost / low quality products (which is preferred in certain markets), to OEM manufacturing for some of the most reputable high-quality household brand names in the World. It is important when purchasing goods from China to make sure that all necessary due diligence has been carried out in advance so that our clients can make informed buying decisions. Failure to do so can result in the purchase of non-conforming products, which aside from the significant direct financial losses incurred, can also result in immeasurable damage to the company’s reputation.
Locally Based Management
Pegasus is headquartered in China and comprises a team of international and local Chinese staff – this means that all of our sourcing operations on the ground are locally managed and controlled. While having a global outlook is of course important for us, it is also critical when sourcing from China to have a high degree of local insight – and it is this local insight that allows us to avoid a wide range of potential issues, such as cultural differences or communication barriers.
Pegasus strives to provide clients with invaluable market insights, a high level of supply chain security, and most importantly honest and
transparent communication, while at the same time delivering price savings. How is this possible? There are several key factors:
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