Archive of Category: CPG Blog
December 2, 2024
Attending industry events is crucial for sourcing officers and procurement professionals looking to find the right products, manufacturers, or importers. Recently, CPG participated in ASD with expectations of finding unique opportunities related to China sourcing at trade shows. While it had its challenges, there were valuable lessons that can help...
November 25, 2024
With President-elect Donald Trump proposing across-the-board tariffs of 10% on all imports and 60% on Chinese imports, U.S. businesses are bracing for significant changes in their sourcing and supply chains. These tariffs aim to boost domestic manufacturing and reduce reliance on China. However, historical evidence and expert analyses suggest such...
November 21, 2024
Welcome to CPG's 2024 Q4 Newsletter! Our newsletters summarize recent events and cover China supply chain trends. In this installment, we discuss the impact of the threatened 60% tariffs on China, sourcing alternatives to China, how to make the most of your factory visit, sea freight trends, rebar trends,...
October 31, 2024
The de minimis loophole has been mentioned frequently in the media lately, and the Biden administration is about to make changes to it. This is an interesting topic. Do you know exactly what it means? In this article, I’ll outline what the terms mean, the origins of this loophole, and...
October 22, 2024
China is the fourth largest country in the world in size and the largest country in terms of population. It is also the second largest economy in the world – and growing. This makes China a very interesting nation in which to do business. However, interacting is not always easy,...
October 10, 2024
This is a tough topic to tackle. Most of us would like to think that Chinese suppliers are nice and honest, they just focus on making a living, the best they can. We don’t want to even think that some of them can be dishonest, and worse, that some of...
October 7, 2024
This past August, I attended ASD Market Week in Las Vegas, a sprawling event offering buyers many wholesale retail products. Amid the buzz of closing deals for low-cost goods and gadgets, one trend stood out to me: the rapid rise of artificial intelligence (AI) in the importing process. AI was...
September 30, 2024
Understand key China sourcing challenges and learn strategies for successful long-term China sourcing. Navigate risks and maximize supplier reliability. Lately, negative feelings about doing business with China have noticeably increased. We’ve observed that these concerns are tied not only to general perceptions, but also to rising China sourcing challenges that...
