ESG (Environmental, Social, and Corporate Governance) is a big deal in business these days but why is that? What exactly is ESG? Are you taking the right steps to benefit from it? In this blog, I will review ESG, how it interacts with CSR (Corporate Social Responsibility), and how this rapidly...
Background: A large European kitchen products manufacturer suspected they were not getting the best cost from their existing suppliers. Traditionally, agents were utilized for their Chinese buying, and they were not able to secure better pricing. In order to go direct with suppliers they utilized CPG to forge direct...
With global inflation and tariffs affecting nearly the entire world, and particularly with volatile logistics and freight costs, more and more people are asking important questions about offshoring and Supply chain management in China: - Does it still make sense to offshore? - Is it worth it? - What factors...
Find top toy manufacturers in China with proven quality, innovation, and competitive pricing. Discover the top toy manufacturers in China for seamless sourcing. Toy manufacturers in China have built a toy manufacturing industry that has come a long way over the past few decades, establishing themselves as powerhouses in the...
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...
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...
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...
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,...
