So, your Chinese manufacturers ask for price increases in the 10-20% range. Are you unsure of what to answer? Here are few tips. First, tell them you don't understand You might have a few arguments in your favor: Maybe your volumes … [Read more...]
Auditing a Metal Machining Factory in China: Focus on Processes
Machining is an operation that changes the shape, surface finish, and/or mechanical properties of a material by the application of special tools and equipment. This is typically carried out by machines where a cutting tool removes … [Read more...]
7 Tips to Prevent the “Different Bank Account” Scam
More and more buyers are being scammed into wiring tens -- sometimes hundreds -- of thousands of dollars to the wrong bank account. I helped Global Sources prepare an infographic on how to reduce this risk: This scam comes … [Read more...]
Checking if Electrical Products are Still Compliant in Production
A few days ago I got the following question from a reader: We import Consumer Electronics and would like to check that products have not changed components from the original CE and that they still pass CE requirements. That's a great … [Read more...]
Overview of the Thailand Production Sector
Here is another piece of research by our marketing assistant Maria, this time about Thailand's top export industries, trends, labor costs, and logistical issues. A Highly Attractive Country, on Paper Thailand has the 17th largest … [Read more...]
Increasing Labor Productivity will be Key to China Success
The conference organized last week by the European Chamber of Commerce in China was extremely interesting. I took notes during the other speakers' presentations, and a theme came back again and again: if China doesn't increase its labor … [Read more...]
Examples of Mistakes when Purchasing from China
Here are some interesting or useful articles that I found recently. The dangers of miscommunication: 4 examples to learn from Global Sources asked several companies to give examples of mistakes they made/witnessed. Lessons to … [Read more...]
Auditing the Processes of a Plastic Injection Molding Factory in China
We are continuing with our series of articles about process audits in Chinese factories. What is Injection Molding? Injection Molding as a process has been around since the early 1930s, but a lot has changed since those early days. The … [Read more...]
Due Diligence and Business Intelligence in China
A few days ago I had a good discussion with Jeremy Gordon, director of China Business Services, about supplier due diligence. We both agreed that due diligence is necessary, but not sufficient. 1. Due diligence, before working with a … [Read more...]
Overview of the Vietnam Manufacturing Sector
Our marketing assistant Maria has done research on the Vietnam manufacturing sector: the top export industries, the trends, the labor costs, and logistics. Here is her article. Textile and Clothing – top sector no more? Out of all … [Read more...]
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