The COVID-19 coronavirus is going to have a major impact on the global economy, this is now undeniable. We discussed the various impacts of the virus around the world in our last blog, “Covid-19 Affecting Your Supply Chain?” While the pandemic affects everyone—individuals and companies alike—one of the hardest hit...
The whole world is fixated on Covid-19. Perhaps too much so due to its unpredictability. There’s so much we don’t know. What we do know is that it is very contagious, it has a relatively low fatality rate, and, if left to its devices, lasts about 3 weeks. It seems...
Experienced importers with deep knowledge of China and its culture are able to realize savings and increase their revenue. But not all importers have that background. We previously covered this topic in the blog series “Are You Leaving Money on the Table?” In that blog, we explored what happens when...
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...
The China supply chain has evolved a lot since we got started 40 years ago. During those 40 years, we, at CPG, have learned many lessons that have helped us build our business, establish our knowledge base and create a name for ourselves as specialists in China sourcing management. I...
In Part One of this series, we talked about the logistics industryand how it was antiquated and expensive. In this blog, we will discuss the changes and improvements that will shape the industry’s upward progression. Last week, wepointed outthat freight forwarders and brokersare making it difficult to drive down the...
Here at CPG, we have been discussing the changes occurring in China sourcing and what the future may hold for the import/export industry. We also discussed the system enablers in the sourcing community. In this two-part series, we’ll switch gears and explore the logistics industry’s current situation, and provide insight...
With the Canton Fair underway, many suppliers are contacting their agents and supply chain managers to ensure that the new contacts acquired at the fair are legitimate, qualified suppliers. Likewise, many of our clients often want us to verify that specific suppliers conform to their requirements. These requirements vary...