Archive of Tag: sourcing and procurement

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Hey Chat GPT: Buy 5000 Titanium Turbine Blades Directly From China

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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...

Buying From China and the Importance of Contracts

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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,...

The Seven Deadly Sins of Importing From China

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Importing from China never comes easy, but it doesn’t have to be impossible. Despite difficulties, there are a number of ways importers can make their sourcing supply chain run more smoothly. At the same time, there are a number of ways to make China sourcing seem impossible. One good way...

China Sourcing Alternatives: Is it time to move?

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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...

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