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...
American-made vs China-bought has been a hot topic as of late. With the recent political climate, the trade war, and tariffs, more and more importers are looking to move their supply chain management in China home. But is that really in their best interest? Should importers buy direct from China...
It goes without saying – when you buy direct from China, you must have an excellent support system. Many companies secure this support by hiring a China sourcing agent or a China sourcing company. But for some companies, opening their own sourcing office makes the most sense. This requires an...
Napoleon said, “If you want a thing done well, do it yourself.” So why delegate? Does it even make sense? We know that managers (even Napoleon) delegate. That is pretty much a definition of management. But why? And how? We previously wrote a blog about Hiring Teams vs. Individuals and...
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...
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...
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...