• Room D1, Block A, 4th Floor, Alexander Industrial Building, 23-27 Wing Hong Street, Lai Chi Kok, Kowloon, Hong Kong
  • info@golden-leverage.com
     

Golden Leverage is a purchasing office that offers you full, high-quality services ranging from a study of your needs, to rigorous quality control, and through to delivery of your product.
We work with the most qualified experts in their field in order to offer integrated, effective management for your project:

• More than 200 competitive suppliers, qualified and certified by European standards organizations
• A research and development department
• A team of qualified quality control inspectors
• Accreditation and quality control partners (SGS, Asia Inspection,TUV, Bureau Veritas).
• Recognized logistics service providers

Are you looking to procure a product or outsource the manufacturing for all or part of your product line?
Together with the Golden Leverage team, you can define your own expectations (requirements, specifications, photos, drawings, video, etc.)
to ensure you get exactly what you need.
You are looking for an OEM product already available on the Chinese market
You lay out the technical specifications of the product you need.
We select Chinese manufacturers who can make the product for you. You can then personalize the OEM product for your brand: logo, color changes, stickers, packaging, etc.
Acting as your appointed external procurement department, Golden Leverage negotiates with the supplier and sets the terms of the contract (price, timeline, payment terms, etc.).
You are developing a brand new product (ODM)
The engineers on the product development team at Golden Leverage will work with our partners to develop the best manufacturing process for your product.
We will locate a factory to design your product and we will conduct a feasibility study. Upon request, we will provide you with a pre-production sample of the product. Golden Leverage will negotiate with the manufacturer to set the terms of the contract, including timelines and payment.

An in-depth study of your import/export project
Are you looking to optimize your purchasing costs and source your product needs from a highly-competitive manufacturing market? Golden Leverage offers you a feasibility study for your project.
In studying your project, we focus on three main points:
Understanding the product so we can find the right supplier
Together we study your product, its production process and its components in all their detail; this information enables us to locate the supplier who will best meet your needs.
Project cost
We offer suggestions and recommendations for your procurement project. Finding the right supplier isn’t enough: after understanding your product needs, we work together to assess volume options to ensure you get the most economically viable solution in terms of your storage costs, procurement dates, annual volume and working capital requirements.
Timeline
We can determine the best transport solution for your needs. Golden Leverage offers various transport options (air, maritime, land) ranging from 1 to 5 weeks, which can be adapted to meet your timeline and budget. Production time depends upon the volume and nature of the product purchased.
Consultancy on standards for factories supplying your products
Do you need a specific product standard, such as ISO, CE, or NF? Golden Leverage assists our clients and our partner factories in standardizing and gaining accreditation for your products, production processes and management procedures.

Golden Leverage offers guided visits of the factories in ourSUPPLIER park and/or visits to other factories selected specifically by you. We can also organize visits to Asia-based trade shows. Golden Leverage will study your needs and propose face-to-face meetings over one or several days. We will handle all the organization necessary for your trip and meetings, including all logistical and administrative details HOTEL, train, plane, etc.), leaving you free to concentrate on your procurement project and identify the best vendor for your needs.

In collaboration with our supplier park, Golden Leverage constantly seeks out and audits new manufacturers. We advise and assist companies in optimizing project procurement safely and economically by avoiding middle-men. In fact we make sure we work directly with the factories and production units. Although a manufacturer search can easily be accomplished online, or via one’s network and professional recommendations, negotiations become a formidable challenge given the language barrier and the way business is conducted in Asia. These obstacles are overcome by the proximity, both technical and cultural, of our buyers to potential vendors. With a bicultural, Sino-French team well-versed in Chinese negotiation and purchasing methods, Golden Leverage ensures the final product meets your specifications. Once you provide us with the specifications for the product you are seeking, we select and audit the manufacturers best-suited for your
project. There are six fundamental aspects to this audit:

• Administration and finance
• Production
• Quality management system
• Social conditions and environment
• Participating businesses
• Internal management and processes

Upon request, Golden Leverage can also perform supplementary audits after a review of special inspection points in the client’s specifications.
The objective is to ensure you get the best price-quality ratio.

Golden Leverage offers all the services you need to launch a new product.
Based on your design and technical specifications, we study and verify:

• Technical feasibility of the project.
• The production method plan.
• Costs and timelines for samples.
• Costs and timelines for flow production.

Golden Leverage uses specific methodology, collaborating with qualified partners for new product development projects. An upstream feasibility study enables verification of the viability of your innovation. Starting with a prototype, we check the product’s technical characteristics, confirm its compliance with relevant standards and estimate final production costs. Flow production is then organized and scheduled based on the terms of the contract.

Golden Leverage’s integrated purchasing solution is the easiest way for a company to purchase products in Asia. At your request, our bi-cultural, Sino-French purchasing department negotiates with vendors, monitors production, inspects quality,MAKES the required export declarations and performs the necessary logistics procedures. Our expertise makes purchasing a simpler, more efficient process for you.
Assessment of your purchasing capacity
Sizing your purchasing project: after understanding your product needs, we work together to assess volume options to ensure you get the most economically viable solution in terms of your storage costs, procurement DATES, annual volume and working capital requirements.
Strategic sourcing
Factory selection from the factories in our SUPPLIER park suitable for your purchasing project: Golden Leverage has a broad network of manufacturers offering a wide variety of purchasing options in the Chinese market. Our teams identify and monitor factory competence to ensure a match with the characteristics of your product, as well as your desired volume, timeline and price.
Samples
Once we receive your sample, we check the product’s technical characteristics, confirm its compliance with relevant standards and estimate final production costs.
Order placement and execution
Our team negotiates purchasing contracts and ensures their proper execution by monitoring and providing quality assurance throughout the entire production process, as well as by verifying the conformity of the final product with client demands.
Administrative and logistics management
Management of payments, shipping documents and logistical procedures in accordance with incoterms. Golden Leverage assists you throughout the entire purchasing process, offering recommendations and solutions for companies looking to outsource all or part of their production activities.

For each order, Golden Leverage sends a dedicated team to monitor and inspect each stage of production. Our buyers directly coordinate monitoring activities with our permanent, on-site inspectors to guarantee the speed and agility necessary to respecting our client commitments. Golden Leverage monitors proper execution of production orders and ensures the appropriate means and methods are used in the production process (procurement of raw materials, production line assembly, quality control both during and after production).

In order to ensure that the products you order match your specifications, Golden Leverage provides on-site quality control focused on the following areas:
Verification of product quality and quantity
In order to control production upstream, we have production samples made, which we then provide to you for confirmation. We follow, in detail, your quality control stipulations. WeCHECK the product’s physical and technical characteristics, as well as its resistance, reliability, appearance and performance.
Additionally, we can apply a quality control methodology tailored to your specifications (for instance, random or 100% testing) in those cases where you need focused quality control on a specific aspect of the product. We verify the quantity of products ordered when they leave the factory.
Inspection of packaging
We verify packaging quality (sturdiness,PROTECTION, material, palletization, fumigation, etc.).
We check packaging information for transport and the quality of labels (stickers, barcodes, shipping marks, etc.).
Inspection of product standards compliance
Working with accreditation and quality control organizations, such as Cotecna, SGS, TUV or Bureau Veritas, we ensure that licenses and certificates are all in compliance with appropriate standards.

To facilitate product importation, Golden Leverage handles all the following administrative and customs procedures:
International and domestic logistics
Incoterms, selection of forwarding agents, quotations, international payments, transport operations, shipping documents, insurance, monitoring of delivery schedules, contact with the forwarding agent for sea, air or land transport. Production time depends upon the volume and nature of the product purchased. In general, production requires between 15 and 60 days.
Transport to France from China requires:

• by sea: between 26 and 32 days.
• multimodal (sea and air): approximately 18 days.
• by air: approximately 5 days.
• express: approximately 3 days.

Our structure enables us to operate with all incoterms (International Commerce Terms).
Our services can include monitoring and all costs up through delivery to you.
In general, we work with FOB, DDP, DDU, CIF, EXW, etc., but we can offer other incoterm services on a case-by-case basis.
FAS: Free Alongside Ship For FAS, the seller pays for transport of goods to the port of loading. The buyer pays for the cost of loading, maritime transport, insurance, cost of unloading and transport from the port to the seller’s factory. Transfer of risk occurs when the goods are delivered alongside the ship at the port of loading.
FOB: Free On Board Goods are bought or sold FOB when they are bought without transport fees, without other relevant fees and taxes and without insurance for the goods.
DDU: Delivered Duty Unpaid For DDU, the seller pays all transport costs and bears all risk until the goods arrive at the destination unloaded, but does not pay any potential import duties or taxes.
DDP: Delivered Duty Paid For DDP, the seller pays all transport costs and bears all risk until the goods are unloaded, and also pays all taxes.
CFR: Cost and Freight The seller pays for transport to the port of loading, as well as the cost of loading and maritime transport. The buyer pays for insurance and transport from the port of arrival to the buyer’s factory. Transfer of risk occurs when the goods are loaded on board, thus at the port of loading. CFR can only be used for transport by sea and navigable waters. The seller must clear the goods for export.
CIF: Cost Insurance Freight CIF represents evaluation of the cost of a commercial exchange. It includes transport costs up to the national border. It is often used to express the total sum of exports in calculating the balance of trade. CIF is the opposite of FOB.
EXW: Ex Work For EXW, the seller makes the goods available at his factory premises on a specific date negotiated. The buyer pays all transport costs and import duties, and bears all risks associated with the transport of the goods to their final destination. This trade term places the greatest responsibility on the buyer for transport of the goods and is valid for all types of transport.
Customs operations and regulations
Customs procedures and taxes, access modalities for the Chinese market, current regulations, import procedures and regulations.
Documents
Receipt and verification of documents sent by suppliers: maritime bill of lading (BL, AWB, etc.), invoice, packing list, insurance certificate, inspection certificate, certificate of origin, etc.
Creation, monitoring and rigorous verification of documents to be submitted to banks for collaborations by letter of credit, etc. (D/P, D/A, transfer of L/C).
Golden Leverage accepts the following payment terms:

♦ 30% deposit at pro forma (contract) signing + balance at document handover
♦ 30% deposit at pro forma (contract) signing + balance prior to loading
♦ Sight letter of credit, 30 days letter of credit, we can also arrange other timelines on a case-by-case basis.
D/P: document against payment, terms to be defined between our respective banks
D/A: document against acceptance, terms to be defined between our respective banks

Additional services
Re-packaging solutions, inventory clearance and packaging (pick and pack services), warehousing, labeling, final order preparation and client dispatch.

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