There are many tools importers use to ensure success with a supplier. One of these tools is the Product Specification Sheet (PSS). This document is used to specify the buyer’s requirements and to ensure that they are implemented at the factory level by making them an integral part of the...
China has been heavy in the media lately, mostly because of the US-China Trade War. However, a recent article from the Economist’s Schumpeter blog caught our eye. In the midst of all the news on tariffs, this article, Chinese Firms are not all serial intellectual-property thieves, actually highlights some of...
Price is not everything when sourcing from China, but it still is the most important reason why importers source from there. Importers come to us for a number of reasons, but the three most common requests are: Quality assurance, finding suppliers, and securing optimal pricing. Every importer is concerned with...
The impending tariffs and the trade war with China have been an ongoing and popular topic in the press, and an especially important issue in our business. One of the benefits of this kind of activity is that importers are focused on reducing COGS (Cost of goods sold). A recent...
China has gone through some major economic changes in the last 2 decades. Some of which probably affected how you buy and what you buy in China. In a recent article from Stansberry Pacific Research’s Asia Wealth Investment Daily, we found a great review of some of these changes. Worth...
Four weeks ago, I shared with youMichael De Clercq’s blog about his predictions on a positiveoutcome of the additional tariffswith China. As you know, President Trump originally set a deadline of March 1st. We are now at that deadline and,a few days ago, we all learned that hepostponed this deadline...
We field a lot of questions about China sourcing and the management of the China supply chain, such as: How is it done? How hard is it? What are the pitfalls? etc. The best answers are provided by China sourcing specialists. To address some of these questions we thought we...
In the US, we celebrate the New Year on January 1st, with festivities on the eve of the new year. We all get together, throw parties, pour champagne, count down to midnight and take part in our own traditions. There are all kinds of traditionsthatmake us happy,bring good luck and...
