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...
If you are new to China direct buying or your supply chain management in China is new, it can be easy to overlook US customs. When you have good communication with your manufacturer, unexpected issues—such as your items have been refused entry or the customs tax on this container of...
For those involved with global sourcing, we trust you experienced three unusual years since Covid broke out at the end of 2019. If you have been sourcing high volumes of “Made in China” goods, do you trust China more or less given the challenges that emerged alongside Covid? From our...
The present situation of ocean shipment in China You must have seen it on the international news recently. Shanghai Port was closed due to a fire. Yantian Port is closed, and all goods are moving through the north of China. This puts a lot of pressure on the ports of...
Covid19 caused the whole world to change the way humans interact. To prevent infection, one needs to keep one’s distance. And that, simple at it may seem, changed everything - especially when it came to logistics. Nearly every importer would agree that they have experienced major challenges or obstacles in...
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...
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...