Over the past ten years, I have heard of many companies getting scammed as follows: They pay a supplier (usually in China) by bank wire (T/T) At one point, the buyer receives an email that seems to come from the supplier (but is … [Read more...]
A Sunnier Outlook for Logistics from China in 2023!
Finally, after some troubled years, it's mainly good news when it comes to logistics from China! Importers will remember the infamous high costs of 2021 when sending a container from China to the USA cost upwards of US$20,000...well, … [Read more...]
2022 Review: The Key Stories for Importers from China/Asia
QualityInspection author and Sofeast Group CEO, Renaud Anjoran, and Adrian from the Sofeast team look back at 2022's key news stories and topics that have affected importers with supply chains in China and other Asian countries. What's … [Read more...]
What Does a Re-Opened China (Without Quarantine) Mean for Foreign Business?
After years of fighting to keep covid outside of China, the surge in infections in October and November forced Beijing to choose between enormous lockdowns and the abandonment of the 'zero covid' strategy. They opted for the latter, under … [Read more...]
Removing Probability Analysis from Risk Management?
Over the weekend, I read a book called Risk: a User's Guide. The authors, which include former general McChrystal, make an interesting point about the use of probability. First, let's look at the traditional approach to … [Read more...]
5 Key IP Protection Approaches when Manufacturing in Asia
How do you protect your product IP and business interests when doing your product development and manufacturing in Asian countries? This is a common concern for entrepreneurs, hardware startups, and SMEs, and rightly so...after all, you … [Read more...]
Zero Covid in China is over: What next?
Following unprecedented protests across China, the government has been rapidly dropping its flagship 'Zero Covid' policy as of the start of December 2022. While a return to normalcy in China may come as welcome news to locals and visitors … [Read more...]
What Drives Product Inspection Costs?
It's important to inspect product quality, but if the inspections you get done aren't optimized you could end up spending too much on high product inspection costs which is a problem when that money could be used for other activities. … [Read more...]
Why a Supply Chain Map is Valuable for Importers (+ a few Simple Examples)
Over the past 3 years, I have read a number of articles pushing importers to draw a supply chain map. They argue it is extremely important, to avoid getting caught by surprise again. (And most of those articles are written by software … [Read more...]
How Running China like a Business is the Recipe for Economic Domination
Dr. Allen J. Morrison & Dr. J. Stewart Black are two American leadership, strategy, business and manufacturing experts who have recently written a new book "Enterprise China: Adopting a Competitive Strategy for Business Success" which … [Read more...]
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