Archive of Category: Optimal Cost
June 8, 2023
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...
June 2, 2023
Background: When sourcing products overseas, building long-term partnerships with quality suppliers can provide a strong foundation for a sustainable, thriving supply chain. Managing these relationships from afar often requires a significant investment of time and resources. After establishing a foundation of trust over time through long-term collaboration and a consistent...
May 19, 2023
There are many tools importers use to ensure success with a supplier when they buy direct from China. One of these tools is the Product Specification Sheet (PSS). This document is essential for China sourcing services, as it specifies the buyer’s requirements and ensures they are implemented at the factory...
May 4, 2023
Previously, we wrote about how sourcing from China got its reputation for poor quality. This week’s blog discusses how a series of consumer product recalls actually led to improving the standards of supply chain management in China. As our last blog in this series indicated, the notion that goods made...
April 26, 2023
As we emerge from the Covid19 supply chain nightmare and dust ourselves off, we note that some companies were able to react immediately to market opportunities. They placed orders and planned deliveries, secure in their knowledge that their supply chain will deliver. Those companies did really well when the market...
November 16, 2022
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...
November 10, 2022
Importers and experienced sourcing agents say there is no recourse for importers who lose money through scams with Chinese suppliers. Generally speaking this is true, and buyers should always beware. But, according to this article from China Importal, some Chinese lawyers claim that, under certain circumstances, you can get your...
October 6, 2022
Money, money, money. There never seems to be enough of it. Especially now. As businesses everywhere shut their doors in response to COVID-19, both health and money remain primary concerns. Funding has long been one of the standard concerns for many of CPG’s clients. Specifically, not having enough money to...