According to the Shippabo platform, 79% of companies with optimized supply chains outpace their competitors. Sounds like it is worth optimizing, right? But what exactly does “optimized” mean? This blog will show you what an optimized supply chain entails to put you on the right track. Supply chain management is...
You often hear that “business is about people” and you know full well that having good people is the key to managing your China supply chain. The question is how do you find good people? How do you manage them? One tantalizing option that exists today but was not available only...
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...
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...
We came across the following quote from Peter F. Drucker and it got our wheels turning. When you think about it, we are all in the business of time. “Effective people know that time is the limiting factor… Time is also a unique resource. One cannot rent, hire, buy or...
Many people believe that the ability to multi-task is a fundamental skill for increasing productivity, especially when applying this idea to the China supply chain–but this isn’t always the case. According to this article, multi-tasking can be counter-productive; it also reduces intelligence and makes you perform slower, not faster. In...
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,...
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...
