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Shandong Furreo Yacht Co., Ltd. Supplier Evaluation

10.07.26 0 Comments Posted by

Executive Summary

Shandong Furreo Yacht Co., Ltd. is a China-based supplier located in Shandong, with a reported factory area of 4,500+㎡ and 20+ staff. Based on the listed products, the company appears to focus on aluminum boat/yacht-related products with low MOQ of 1 set, indicating suitability for project-based, small-batch, or sample-oriented procurement. The supplier has Gold Supplier status for 2 years, supports Trade Assurance, and is marked as a verified supplier, which provides a basic level of platform credibility. Business performance is limited but positive, with 7 orders and CN¥338K+ transaction value in the past six months, alongside a 5.0 store rating from 7 reviews. Delivery performance is strong, with a reported 100.0% on-time delivery rate. Key limitations include small employee scale, limited transaction history, low review volume, and insufficient data on customization capability and finished product inspection.

Shandong Furreo Yacht Co., Ltd.

Detailed Analysis

1. Company Strength — 20 Points

Basis

  • Company name: Shandong Furreo Yacht Co., Ltd.
  • Country/Region: China, Shandong
  • Factory area: 4,500+㎡
  • Employees: 20+ staff
  • Verified supplier: True

Elaboration

The supplier has a physical factory scale of over 4,500㎡, which indicates a basic manufacturing facility rather than a purely trading-oriented profile. The employee count of 20+ staff suggests a relatively small team size. The presence of verified supplier status strengthens its operational credibility, but the available data does not provide details on annual production capacity, production lines, equipment quantity, or factory audit reports beyond the verification label.

Scoring Rationale

The factory area supports a certain level of production capability, and verified supplier status is a positive indicator. However, the relatively small workforce and lack of detailed production-scale data prevent classification as a large or mature industrial supplier. The company fits best into the category of a small factory with basic production capability and some verified operational presence.

Final Score

13 / 20

2. Platform & Compliance Credibility — 20 Points

Basis

  • Gold Supplier: True
  • Gold Supplier duration: 2 years
  • Trade Assurance: True
  • Verified supplier: True
  • Platform labels: “Response time ≤4h”, “On-time delivery 100.0%”
  • Industry/product certifications: Insufficient Data

Elaboration

The supplier has several important platform trust indicators, including Gold Supplier status, Trade Assurance support, and verified supplier status. These factors provide a basic level of transactional protection and platform credibility. However, the Gold Supplier history is only 2 years, which is relatively short compared with long-established suppliers. No independent product certifications, factory system certifications, or industry-specific compliance documents are provided in the dataset.

Scoring Rationale

The supplier has the core credibility indicators needed for initial sourcing consideration, especially Trade Assurance and verification. However, the short Gold Supplier duration and lack of additional certification data limit the compliance depth. Therefore, the supplier falls into the category of having core platform credentials but not a long or comprehensive compliance record.

Final Score

15 / 20

3. Business Performance — 20 Points

Basis

  • Orders in past 6 months: 7
  • Transaction value in past 6 months: CN¥338K+
  • Store rating: 5.0
  • Number of reviews: 7

Elaboration

The supplier has recorded commercial activity on the platform, with 7 orders and CN¥338K+ transaction value over the past six months. The average transaction value appears relatively meaningful given the listed products have high unit prices and MOQ of 1 set. The store rating of 5.0 is positive, but the review base is limited to 7 reviews, which reduces the statistical reliability of the rating.

Scoring Rationale

The supplier demonstrates real transaction activity and customer feedback, but the order volume remains low. The transaction value is not negligible, likely influenced by high-value product categories, yet the limited order and review count mean the business performance is not strongly validated at scale. This supports a moderate-low score within the “limited but proven transaction record” range.

Final Score

12 / 20

4. Service Capability — 10 Points

Basis

  • Communication response time: ≤4h
  • Full Customization support: Insufficient Data
  • Other service indicators: Insufficient Data

Elaboration

The reported response time of ≤4 hours indicates acceptable communication responsiveness for international sourcing. However, there is no provided evidence that the supplier supports Full Customization, design customization, private labeling, OEM/ODM services, or dedicated project support. For boat/yacht-related procurement, customization capability can be important, but such capability cannot be confirmed from the available data.

Scoring Rationale

The supplier has a reasonable response speed, but it does not meet the highest service benchmark of ≤1 hour response time with confirmed strong customization capability. Since customization information is insufficient, the service capability should be scored conservatively. The supplier appears suitable for standard inquiry handling, but not yet fully validated for complex customization projects.

Final Score

6 / 10

5. Delivery Performance — 10 Points

Basis

  • On-time delivery rate: 100.0%

Elaboration

The supplier reports a 100.0% on-time delivery rate, which is a strong delivery indicator. This suggests that, based on available platform data, the supplier has successfully met delivery timelines for recorded transactions. However, the delivery performance should still be viewed together with the limited order volume of 7 orders in the past six months.

Scoring Rationale

According to the scoring standard, an on-time delivery rate above 90% qualifies for 9–10 points. Since the reported rate is 100.0%, the supplier deserves a full score in this dimension. The limited order base is noted as a contextual risk but does not reduce the delivery score under the given criteria.

Final Score

10 / 10

6. Quality & Customer Feedback — 20 Points

Basis

  • Store rating: 5.0
  • Review count: 7
  • Verified supplier: True
  • Finished Product Inspection: Insufficient Data
  • Factory Verification: Verified supplier status provided, but detailed factory verification scope is Insufficient Data

Elaboration

The supplier has a perfect 5.0 store rating, which is positive from a customer satisfaction perspective. However, the review count is only 7, making the rating less robust than suppliers with a larger feedback base. Verified supplier status adds some quality-related credibility, but there is no explicit evidence of Finished Product Inspection, third-party inspection reports, quality management certification, or detailed factory verification scope.

Scoring Rationale

The supplier has good initial customer feedback and basic verification support, but the limited review volume and lack of confirmed finished product inspection prevent a high quality assurance score. The quality profile is promising but not deeply validated. It is appropriate to score the supplier in the lower part of the “good rating with basic quality assurance” range.

Final Score

14 / 20

Total Score

Dimension Score
Company Strength 13 / 20
Platform & Compliance Credibility 15 / 20
Business Performance 12 / 20
Service Capability 6 / 10
Delivery Performance 10 / 10
Quality & Customer Feedback 14 / 20
Total Score 70 / 100

Procurement Recommendation

Recommendation: Conditional cooperation recommended.

Shandong Furreo Yacht Co., Ltd. can be considered for preliminary cooperation, especially for buyers seeking aluminum boat/yacht-related products with low MOQ requirements and platform-backed transaction protection through Trade Assurance. The supplier is more suitable for small-batch procurement, sample orders, project-based sourcing, or buyers who require initial supplier development rather than immediate large-scale procurement.

Suitable customer types: - Buyers seeking MOQ 1 set procurement
- Small and medium importers testing aluminum boat-related products
- Project buyers requiring verified platform transaction protection
- Customers comfortable with limited but positive transaction history

Main risks: - Small employee scale of 20+ staff
- Limited past six-month order volume: 7 orders
- Low review count: 7 reviews
- Insufficient data on Full Customization capability
- Insufficient data on Finished Product Inspection and formal quality certifications
- Limited information on production capacity and factory equipment

Growth potential: The supplier shows positive signs through Trade Assurance support, verified supplier status, 100.0% on-time delivery, and a 5.0 rating. If future data confirms stronger production capacity, customization capability, quality inspection systems, and a larger transaction record, the supplier’s procurement suitability could improve significantly.

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