Archive of Category: Sourcing Management

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Thanksgiving – A message

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Food, family, football, are all part of the Thanksgiving tradition. But the holiday means so much more than that. Think about it: it is one day reserved for the specific purpose of reminiscing about the positive things in life. We may take it for granted, but we should be mindful...

How to: Supply Chain Optimization

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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...

China Sourcing: Upwork vs. Sourcing Agency

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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...

The RMB Devaluation: Is Your Supply Chain Benefitting?

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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...

Top 5 China Sourcing Blogs

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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...

The Importance of Managing Time

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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...

Multi-tasking and The China Supply Chain

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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...

The Pros and Cons of Having a China Sourcing Office

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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,...

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