Introduction
In 2004, GlobalMarket formulated GMC (Global Manufacturer Certificate), a standard to evaluate qualified manufacturer with eight auditing criteria, after survey from 20,000 international professional buyers. It aims to save the time for screening out suitable Chinese manufacturers and lower the potential risk in the process of sourcing.
GMC demonstrates that manufacturers should possess the following features :
Other reference indexes are also used to reflect the comprehensive
export strength of the manufacturer.
TÜV Rheinland & Intertek are both authorized by GlobalMarket Group (Asia) Ltd. to conduct strict on-site audit on Chinese manufacturers who should provide the relevant documentation to confirm whether they can meet the requirements of GMC. Only the qualified Chinese manufacturers can get the GMC mark and the annual audit will be carried out regularly.
For buyers, choosing GMC means:
- Cooperating with reliable manufacturers, lowering the cooperation risks
- Quickly matching the purchasing requests and reducing the selection cost
- Comprehensively assessing the potential or existing manufacturers
- Optimizing the supply chain
- Assessing financial strength and non-financial performance for future cooperation
- Discovering the weakness areas of the suppliers
- Improving the business intellectualized system
- Taking advantage of various communication channels, making the sourcing experiences enjoyable
For manufacturers, choosing GMC means:
- Transparentizing the company operation
- Demonstrating the company integrated competitiveness
- Strengthening the brand credibility by an independent international third-party authentication
- Optimizing the cost control
- Further developing the business plan
- Conducting performance analysis, giving the corrective opinions
- Being highly trusted in foreign trade, enhancing the probability of successful transactions
