Archive of Category: Optimal Cost

View Posts By Author:

The Cost of Doing Nothing

By:

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...

China Sourcing: What you Want vs. What you Need

By:

When an importer begins their quest to source products in China, they typically know what they want,  but they are not always as clear about what they need. What is the difference between “want” and “need”?  Well, it mostly has to do with details; all the things you need to address...

China Sourcing: Improving Chinese Supplier Performance

By:

Importers who have gone through the trouble of researching, qualifying, and building a relationship with their Chinese suppliers are sometimes hesitant to change, even when the quality of their services and output begins to decline. This desire to not want to “rock the boat” with suboptimal suppliers is what we...

Sourcing from China: RFQ Process Guide

By:

We previously wrote in depth about the RFQ (Request for Quotation) process and how to secure the best and most accurate quotes. In this blog, we will discuss how having a professional China sourcing team could add value to your RFQ process, and how they would manage the process successfully....

China Supply Chain Management: Placing orders

By:

Many companies seek sourcing from China to save on first costs. Seems relatively straight forward, right? Not so fast. Sourcing from China is a complicated process, of which every single stage requires careful attention. Even the savviest of importers can run into trouble if they start getting lax about the...

China Sourcing: How to secure best pricing

By:

Price is not everything when sourcing from China, but it still is the most important reason why importers source from there. Importers come to us for a number of reasons, but the three most common requests are: Quality assurance, finding suppliers, and securing optimal pricing. Every importer is concerned with...

China Sourcing: Robots to beat tariffs?

By:

The impending tariffs and the trade war with China have been an ongoing and popular topic in the press, and an especially important issue in our business. One of the benefits of this kind of activity is that importers are focused on reducing COGS (Cost of goods sold). A recent...

China Sourcing: An Update on China Tariffs Deadline

By:

Four weeks ago, I shared with youMichael De Clercq’s blog about his predictions on a positiveoutcome of the additional tariffswith China. As you know, President Trump originally set a deadline of March 1st. We are now at that deadline and,a few days ago, we all learned that hepostponed this deadline...

    Subscribe

    Get sourcing news and tips