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...
In Episode 6 of CPG’s podcast, The Supply Chain of Thought, CPG CEO Michael De Clercq and Business Director Laura Dow continue their walkthrough of An Advanced Guide to China Sourcing and Procurement, the upcoming e-book written by the CPG Sourcing team. In Episode 5, we introduced why we wrote...
Background Getting a foothold in a burgeoning market can be daunting. Every decision can make or break your venture, and managing this process while sourcing in China without the right China sourcing services only compounds the challenge. As Environmental, Social, and Governance (ESG) concerns began to dominate the business marketplace,...
Is There a Difference Between “Made in China” and “Made in PRC”? If you source products from Chinese manufacturers, you may encounter labels that say “Made in PRC.” At first glance, this can appear different from the more familiar “Made in China.” For global importers, the real question is not...
For those new to China sourcing, some of the lingo can seem confusing. In this blog, we’ll summarize the top 10 terms most commonly used in supply chain management that all importers should know. Glossary of Sourcing Terms: 1. Blanket Order: This is a purchase order in which the...
Managing the China supply chain has become more challenging than ever given recent global events, even if you have your own employees working in China. Background One company, a chemical manufacturer, had two full-time sourcing employees in China. They were well paid, competent, well versed with the industry and its...
Given the current climate surrounding China, various factors have caused importers to ask if sourcing from China is still the right choice for their supply chain. Uncertainty due to tariffs/Trade war, rising labor costs and COVID-19 have sparked a lot of concerns. Is it time to search for China sourcing...
One common dilemma importers often face is the decision of whether to hire a China sourcing agent or a China sourcing agency. You hire people to get results. But hiring is a big investment of time and resources. To get a good return on that investment, you need to find...