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...
USA businesses that buy Chinese goods are adventurers. They go to the other side of the world to secure supplies of low-cost products for their customers. They brave all sorts of challenges ranging from quality (whether it meets their expectations), price (whether they really got the best price), cost of...
China sourcing alone is a complex concept even before you get to logistics. Then you realize that there are so many moving parts to the logistics steps alone. According to an article we recently read in The Economist, giants like Amazon can now offer shipping products within an hour in...
As China opened up its economy in the late 1980s, many western consumer goods manufacturers set up plants or formed joint or cooperative ventures in China in an attempt to capture the opportunities of this emerging huge supply chain. While the production process could easily be built on the existing...
The e-commerce age is in full swing thanks to the development of the Internet, which provides numerous options to source products, for a broader range of buyers. Alibaba is a platform where buyers and sellers from all over the world (but still predominantly from China) meet. It is one the...
Amid the trade wars and the tariffs, the RMB is weakening against the USD. By the end of January 2018, the rate was 6.2. On July 11, 2018, the exchange rate was 6.68. As of October 15, 2018, it was 6.92, as pictured below. The question is – can your...
We like to read good blogs, especially those relevant to management and the China supply chain. In doing so, we found there is a lot of material out there, but good China sourcing management information and advice is hard to come by. Hard, but not impossible. Below is a round-up...
A China sourcing office is the best way to support a sourcing program: all your issues are addressed from placing orders to quality assurance to on time delivery. But (there always seems to be a “but”) it requires an investment. How do we know all that? Well, we have one,...
