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...
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,...
Current tariffs and selling restrictions with China have been an ongoing and popular topic in the press and an especially important issue for businesses sourcing from China. Many companies are now looking to China procurement services to help them navigate these challenges. One of the benefits of this kind of...
Importers and experienced sourcing agents say there is no recourse for importers who lose money through scams with Chinese suppliers. Generally speaking this is true, and buyers should always beware. But, according to this article from China Importal, some Chinese lawyers claim that, under certain circumstances, you can get your...
Most importers have many of the same concerns when purchasing in China, one being the ability to protect their IP (Intellectual Property). It’s important for businesses to protect their homegrown ideas because it sets them apart from competitors, and can be used as a vital source of revenue. So how...
Last week’s blog touched on Alibaba as a platform for buyers and how it may be different from “doing it the hard way” like traditional importers do. If you haven’t read that blog yet, you can check it out here. In that blog, we spoke about what sourcing with platforms...
When an importer begins their quest of sourcing from China, they typically know what they want, but they are not always as clear about what they need. What is the difference between “want” and “need”? Well, it mostly has to do with details; all the things you need to address...
In this blog, we will discuss how having a professional China sourcing agency can add value to your RFQ process, and how they will manage the process successfully when you buy direct from China. We previously wrote in-depth about the RFQ (Request for Quotation) process and how to secure the...
