When an importer begins their quest to source products in China, they typically know what they want, but they are not always as clear about what they need. What is the difference between “want” and “need”? Well, it mostly has to do with details; all the things you need to address...
In the game of business, there are two categories of players: the buyers and the sellers. When negotiating contract terms, the buyers have the upper hand and the sellers cooperate for obvious reasons – they want to close the sale. Most of the time, buyers are well prepared and know...
Here are CPG, we enjoy writing blogs that add value to our readers. We have previously written about other China sourcing blogs that we enjoy as well, that also provide valuable sourcing information to our readers and customer base. In writing blogs, it is our goal to provide importers with...
Importers who have gone through the trouble of researching, qualifying, and building a relationship with their Chinese suppliers are sometimes hesitant to change, even when the quality of their services and output begins to decline. This desire to not want to “rock the boat” with suboptimal suppliers is what we...
As importers are finding ways around the tariffs, warehouses are now filling up to capacity, posing a new problem for importers, according to this article from The Supply Chain Brain, Tariff Fears Caused US Import Surge. Now Warehouses Are Full. One of the largest warehouse complexes near the Long Beach...
“Things are going very well with China” tweeted Trump after imposing new tariffs on China imports. The stock market crashed on the news. Easy fix: Trump backed off the tariffs on Tuesday and the stocks rebounded. But then they crashed again, worse than before. I wrote the previous blog in...
We have all heard that Trump has now ordered new tariffs of 10% on about $300 billion of goods for September. And yes, this means whatever it is you are importing will be affected. Gone are the leisurely days of operating in a predictable environment. Remember when you could quietly...
We previously wrote in depth about the RFQ (Request for Quotation) process and how to secure the best and most accurate quotes. In this blog, we will discuss how having a professional China sourcing team could add value to your RFQ process, and how they would manage the process successfully....