The COVID-19 outbreak was first identified at the end of January 2020. Conditions in China are now gradually improving as a result of the country’s vigorous containment efforts. What is it like to manage a supply chain under these circumstances? How does one mitigate risks that no-one had predicted? To...
“Social distancing” is making an impact on all businesses across the country. This change in behavior is another major disruption caused by Covid-19. How else is the virus affecting YOUR business? More to the point: are smaller importers affected the same way as larger corporations are? Last week, we reviewed...
The COVID-19 coronavirus is going to have a major impact on the global economy, this is now undeniable. We discussed the various impacts of the virus around the world in our last blog, “Covid-19 Affecting Your Supply Chain?” While the pandemic affects everyone—individuals and companies alike—one of the hardest hit...
The whole world is fixated on Covid-19. Perhaps too much so due to its unpredictability. There’s so much we don’t know. What we do know is that it is very contagious, it has a relatively low fatality rate, and, if left to its devices, lasts about 3 weeks. It seems...
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...
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...
In the game of business, there are two categories of players: the buyers and the sellers. When negotiating contract terms, the buyers have the upper hand and the sellers cooperate for obvious reasons – they want to close the sale. Most of the time, buyers are well prepared and know...
Here are CPG, we enjoy writing blogs that add value to our readers. We have previously written about other China sourcing blogs that we enjoy as well, that also provide valuable sourcing information to our readers and customer base. In writing blogs, it is our goal to provide importers with...
