Archive of Category: Optimal Cost

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The RMB Devaluation: Is Your Supply Chain Benefitting?

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Amid the trade wars and the tariffs, the RMB is weakening against the USD. By the end of January 2018, the rate was 6.2.  On July 11, 2018, the exchange rate was 6.68. As of October 15, 2018, it was 6.92, as pictured below. The question is – can your...

Top 5 China Sourcing Blogs

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We like to read good blogs, especially those relevant to management and the China supply chain.  In doing so, we found there is a lot of material out there, but good China sourcing management information and advice is hard to come by.  Hard, but not impossible. Below is a round-up...

The Pros and Cons of Having a China Sourcing Office

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A China sourcing office is the best way to support a sourcing program: all your issues are addressed from placing orders to quality assurance to on time delivery.  But (there always seems to be a “but”) it requires an investment. How do we know all that? Well, we have one,...

A Guide To Sourcing Products from Wholesale Markets in China

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Chinese wholesale markets are a great tool for anyone looking to experiment with importing goods for their small business. In this guide we will cover wholesale markets in China, important tips on dealing with wholesale suppliers and importing. Why source from wholesale markets in China? Wholesale markets in China are...

Importers are Moving Their Footwear from China to Vietnam

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China has been known as the world’s factory for a long time, but it may finally have some competition. Vietnam is becoming a close second supplier for many major importers. In this blog, we’ll explore why China continues to be the world’s factory, despite the fact that some importers are...

China Sourcing and Tariffs

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In the current climate of new tariffs, many importers are unsettled and worried.  This is partly due to the disruptive effect of changing rules and also due to unclear information.  I mean, tariffs are confusing.  Many importers are wondering whether they will still be competitive with their current supply chain. ...

Celebrating 40 years of China Sourcing: Lessons learned

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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...

Procedures in China Supply Chain Management

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Keeping Track on how to doTasks and Missions “I had been told that the training procedure with cats was difficult. It's not. Mine had me trained in two days.” Bill Dana   We recently wrote a blog series on The Future of Communications as it relates to the China supply...

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