We have been helping importers manage their China direct buying for 45+ years now and many that come to us for help share a common concern – pricing. However, one of the very first questions we ask new clients is – what is your target pricing? Many of them are...
There are many delays that can occur when sourcing from China, especially when companies buy direct from China, but most can be avoided or minimized with the right preparation. Below are a few tips that can reduce the risk of delay and mitigate its damage when it occurs: Place orders...
You often hear that “business is about people” and you know full well that having good people is the key to China supply chain management. The question is how do you find good people? How do you manage them? One tantalizing option that exists today but was not available only...
For those new to China sourcing, some of the lingo can seem confusing. In this blog, we’ll summarize the top 10 terms most commonly used in supply chain management that all importers should know. Glossary of Sourcing Terms: 1. Blanket Order: This is a purchase order in which the...
Given the current climate surrounding China, various factors have caused importers to ask if sourcing from China is still the right choice for their supply chain. Uncertainty due to tariffs/Trade war, rising labor costs and COVID-19 have sparked a lot of concerns. Is it time to search for China sourcing...
One common dilemma importers often face is the decision of whether to hire a China sourcing agent or a China sourcing agency. You hire people to get results. But hiring is a big investment of time and resources. To get a good return on that investment, you need to find...
When sourcing from China, to maximize your profits, ensure predictability and reliability, and make sure your interests are protected, you need to have a good team. Many companies get a “sourcing team” either by hiring agents or independent contractors. But for some companies, this means opening their own China sourcing...
If you’re sourcing from China, you understand the importance of management and you are probably already evaluating your systems and processes on a regular basis to ensure that they are running optimally and according to your plans and your vision. (If you’re not, you really should.) SWOT stands for “Strengths,...