Vetting suppliers is important. After all, these suppliers are responsible for your company's reputation. Hopefully, everyone by now will understand the dangers of checking Alibaba or Global Sources and 'choosing' a supplier who 'looks' … [Read more...]
Incubator VS Accelerator VS Go It Alone: The Startup’s Conundrum
If you are a startup at a very early stage with growing your business and getting products to market, you have a few choices in order to get on the right path. Do you go with Startup Incubator VS Accelerator, or dispense with them and just … [Read more...]
Supply Chain Risk Management, Part 4: How Much Inventory Do You Need?
If you make sure to sit on 6 months of inventory for every one of your major products, you will run much lower risks of being unable to supply your customers with what they need. You might even be able to cut a current manufacturer off and … [Read more...]
Low Volume Manufacturing in China for Your New Product
A lot of our clients develop their own products, often in the electro-mechanical space. Some start with a bang and have large pre-orders. They are the lucky ones (on the commercial side, at least). Many others have more modest objectives, … [Read more...]
6 Effects of Signing a Strong Manufacturing Contract with your Supplier
As a buyer, you may be in a position of strength in front of a supplier. For example, your orders are quite attractive to them, and you can easily switch to another supplier. You may be tempted to work with a business lawyer to draft a … [Read more...]
New Product Development: 12 Tradeoffs Every Hardware Startup Faces
After working with companies that develop their own products for manufacturing here in China, I started to notice a lot of similarities. Every project is different, its challenges are sometimes unique, but the main decision points tend to … [Read more...]
Manufacturing in China can be risky! 10 Examples of China IP Theft
Depending on your product, it may make a lot of sense to manufacture in China (for example, for complex products that need to be developed fast). But the risks of China IP theft haven't gone away. I wanted to share a few examples here. As … [Read more...]
Understanding Product QC Inspections: What Is In A Man-Day?
A conversation earlier today made me realize that some buyers who haven’t spent much time in Chinese factories have some common misconceptions, including inaccuracies about a QC inspector's man-day, or stories like: “Chinese production … [Read more...]
Sourcing Manufacturers: What Type To Choose For Your Production In China/Vietnam?
I realized that most buyers are unfamiliar with their options when it comes to sourcing manufacturers. I want to clarify what their options are. (This is especially applicable if you import electrical and/or mechanical … [Read more...]
Will China Lock Entire Provinces Down A Second Time in 2020?
In early February, I was wondering what effects the lockdown of China would have on importers. And, a few weeks later, importers suffered another (often more violent) blow: stores closed for months, a lot of unsold inventory, and weak … [Read more...]
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