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: -Blanket Order: This is a purchase order in which the buyer places...
There are many delays that can occur when sourcing 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 early: You’ll want to start the sourcing...
Many companies seek agents in China sourcing to save on first costs. Seems relatively straightforward, right? Not so fast. Purchasing in China is a complicated process, in which every single stage requires careful attention. Even the savviest of importers can run into trouble if they start getting lax about their supply...
Are you thinking about having your production moved to China? With the recent news on tariffs (see our 8-part blog series on the China trade war) many are waiting to see what happens before they begin to buy direct from China. Effective supply chain management in China is key to...
We previously wrote in depth about the RFQ (Request for Quotation) process and how to secure the best and most accurate quotes. In this blog, we will discuss how having a professional China sourcing team could add value to your RFQ process, and how they would manage the process successfully...
When an importer begins their quest to source products in 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...
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. One of the benefits of this kind of activity is that importers are focused on reducing COGS (Cost of goods sold). A recent...
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...