Archive of Category: Optimal Cost

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China Sourcing Alternatives: Is it time to move?

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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...

China Sourcing: Hiring Teams vs. Individuals

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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...

Buying From China and the Importance of Contracts

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We’ve all heard the saying, “The greater the risk, the greater the reward.” Although the risk/reward concept makes sense in most cases, let us not exaggerate. Sourcing and procurement is a risky and complex process in and of itself. If you want to reap rewards from buying directly from China,...

How Clear Quality Specifications Can Help When Sourcing from China

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“Oh my gosh! These are not what I ordered! This is terrible!”  Such things are often heard when some importers who buy direct from China receive their goods in their warehouses. How do such things happen? It is likely because they did not have clear quality specifications in place. A...

Sourcing from China: How to Perform a SWOT Analysis

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If you’re sourcing from China, you understand the importance of management and you are probably already evaluating your systems and processes on a regular basis to ensure that they are running optimally and according to your plans and your vision. (If you’re not, you really should.) SWOT stands for “Strengths,...

In Search of Experience

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Experience: “Knowledge and skill gained while doing something” (MacMillan).  Experience is a fun topic. In politics, those who have a lot of it worry they are too old, and those who don’t have enough argue it is not important. Kissinger is 100 years old, is his experience valuable? You decide. ...

Opening Your Own Sourcing Office: What does it take?

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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...

Sourcing from China: Robots to beat tariffs?

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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. Many companies are now looking to China procurement services to help them navigate these challenges. One of the benefits of this kind of...

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