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China“Exercise caution in your business affairs; for the world is full of trickery. But let this not blind you to what virtue there is…” Max Ehrmann, ”Desiderata” There are numerous advantages to sourcing product from China that extend beyond the immediate benefits to gross margin. For many
Read more →2013 Global Outlook The fallout of the 2008-2009 crisis still lingers and has left a lasting impact on the global economy that will continue into 2013. Global growth will have dropped to around 3 percent in 2012, which is reduction of about half a percentage point
Read more →We have always claimed that one of the biggest problems in China is that buyers allow their expectations over time to fall. People inherently like to feel good about their decisions, their work, and a decision to source from China is no different. Therefore, if happiness is
Read more →When sourcing from China, samples play a key role. They help ensure more accurate communication across the supply chain and offer a convenient way for the buyer, seller, and agents to overcome omissions or confusions on spec, language barriers, and ultimately achieve better results for all involved
Read more →How to Get the Most out of China Quality Control Are your China supply chain partners making you lose sleep at night? If so, you are not alone. Anyone who has experience in dealing with China can recount endless stories of problems, delays, quality management issues and
Read more →The rapid growth in China, coupled with above average growth in all emerging markets, has put tremendous pressure on the demand for natural resources. With the China growth story expected to continue (albeit at a slower rate), the likelihood that demand for these resources will continue to
Read more →China has for decades been among the world’s leading manufacturers and exporters, due mainly to its low labor and land costs. However, over the last few years, the rate at which China labor costs have been growing, and the ever-increasing cost of land, has left many people
Read more →We have often argued that quality derives from much more than good controls. Ultimately, controls are only one element in a dynamic process that will, if functioning properly, lead to high quality outputs with minimal production interventions. Just as well functioning societies have laws in place to
Read more →Sourcing from China can be a daunting affair. There are all sorts of hurdles and roadblocks that need to be navigated, made even more difficult by the vast cultural and geographic limitations of language, time, and distance. But even once a reliable source has been identified and
Read more →Review and Improve Our final and concluding piece of advice in managing a sourcing initiative overseas is to find time, after everything is done and before you are ready to place a repeat order, to review the process and look for a few key things you can
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