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China Electronics Sourcing Glossary for Buyers

1 resources tagged with "Glossary"

A China electronics sourcing glossary collects the terms buyers actually hit when working with factories — product categories, factory jargon, certifications, and shipping Incoterms. Knowing the difference between FOB and EXW, or between a trading company and a real OEM factory, changes what you pay and who carries the risk. The recurring problem is a buyer who signs a quote without understanding terms like MOQ, T/T deposit, or DDP and finds the deal means something different than expected.

A glossary is a reference, but in practice the high-stakes terms are the commercial ones: Incoterms (FOB, EXW, DDP), payment terms (T/T, L/C), and minimums (MOQ). Confirm what each term means in your specific quote before signing, because the same word can be applied loosely by different suppliers.

Guides (1)

FAQ

What are the most important sourcing terms to know?

Incoterms like FOB, EXW, and DDP define who pays freight and bears risk; MOQ sets the minimum order; T/T and L/C describe payment. Misreading any of these is where buyers most often lose money.

What is the difference between OEM and ODM?

OEM means the factory builds to your design and spec; ODM means you buy a design the factory already owns and rebrand it. ODM is faster and cheaper but gives you less control and less exclusivity.

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