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...
Importing from China has never been a decision made overnight. Importers have many options to weigh and lots of research to do when considering moving their supply chain to China. One barrier has always been – how? What is the best approach to buying from China? The best approach to...
How you establish the terms for a working relationship with a factory, especially in the context of China direct buying, can really set the tone for the remainder of the production process. The Request For Quotation (RFQ) is thus a crucial step in your China sourcing program to ensure the...
We’ve all heard the saying, “The greater the risk; the greater the reward.” Although the risk/reward concept makes sense in most cases, let us not exaggerate. Sourcing and procurement is a risky and complex process in and of itself. If you want to reap rewards from buying directly from China,...
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...
American-made vs China-bought has been a hot topic as of late. With the recent political climate, the trade war, and tariffs, more and more importers are looking to move their supply chain management in China home. But is that really in their best interest? Should importers buy direct from China...
Napoleon said, “If you want a thing done well, do it yourself.” So why delegate? Does it even make sense? We know that managers (even Napoleon) delegate. That is pretty much a definition of management. But why? And how? We previously wrote a blog about Hiring Teams vs. Individuals and...
There are many tools importers use to ensure success with a supplier when they buy direct from China. One of these tools is the Product Specification Sheet (PSS). This document is used to specify the buyer’s requirements and to ensure that they are implemented at the factory level by making...
