We’ve all heard the saying, “The greater the risk, the greater the reward.” Although the risk/reward concept makes sense in most cases, let us not exaggerate. Sourcing and procurement is a risky and complex process in and of itself. If you want to reap rewards from buying directly from China,...
“Oh my gosh! These are not what I ordered! This is terrible!” Such things are often heard when some importers who buy direct from China receive their goods in their warehouses. How do such things happen? It is likely because they did not have clear quality specifications in place. A...
American-made vs China-bought has been a hot topic as of late. With the recent political climate, the trade war, and tariffs, more and more importers are looking to move their supply chain management in China home. But is that really in their best interest? Should importers Buy direct from China...
Experience: “Knowledge and skill gained while doing something” (MacMillan). Experience is a fun topic. In politics, those who have a lot of it worry they are too old, and those who don’t have enough argue it is not important. Kissinger is 100 years old, is his experience valuable? You decide. ...
Napoleon said, “If you want a thing done well, do it yourself.” So why delegate? Does it even make sense? We know that managers (even Napoleon) delegate. That is pretty much a definition of management. But why? And how? We previously wrote a blog about Hiring Teams vs. Individuals and...
“China Hating” is a popular thing to do in politics. It gets votes for Democrats and Republicans alike. It also affects companies that import from China. So much so that many are becoming concerned and wondering about the future of their supply chain. Should importers stop buying from China because...
All three must be controlled or the results could be unfortunate. Importers sourcing from China do so because they are looking for ways to save. They want to outsmart the competition and get their product to market at an unbeatable price. More than just buying a product at the right...
Importers and experienced sourcing agents say there is no recourse for importers who lose money through scams with Chinese suppliers. Generally speaking this is true, and buyers should always beware. But, according to this article from China Importal, some Chinese lawyers claim that, under certain circumstances, you can get your...