Archive of Category: Sourcing Management
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 20, 2024
Handbags are not just accessories; they are essentials that add value to any brand's collection. From formal events to casual outings, these versatile pieces enhance both style and functionality. As a brand, understanding the right handbag types can help you meet market demand, create strategic designs, and increase customer satisfaction. ...
November 15, 2024
One of the most common sourcing questions we are faced with in this day and age is the question of quality control in China. When talking to importers about their sourcing programs, it is a common belief among them that sourcing from China may mean serious cuts in costs AND...
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...