A T/T payment is a common way to pay Chinese suppliers, but what is this payment type, how to make one, and what FAQs do importers have about the process? In addition, when you're ready to pay a supplier, what kinds of payment terms might … [Read more...]
What Does a Deflationary China Mean for Importers?
China has had to face a difficult situation recently: They have passed their demographic peak and their population is aging. A fall in exports and imports is now obvious. The Wall Street Journal just wrote "China’s 40-Year Boom Is … [Read more...]
Stop Unauthorized Subcontracting In Its Tracks [Podcast]
In this episode… Renaud is back with Adrian to discuss the risks of unauthorized subcontracting. Does it make sense for a manufacturer you don't know to make your products? Well, it could be happening if you're unlucky. Let's look at … [Read more...]
Basics of Supplier Quality Management: A Good Training & Book
From time to time, I skim through a book or training that covers a topic to see if there is a new angle that we might benefit from. This time, I picked the training entitled Seven Essentials in Supplier Quality Management by Evelyn Tan, … [Read more...]
Is It Possible To Get Credit from a Chinese Supplier?
We sometimes get this question from clients who don't have a long experience of working with Chinese suppliers: We have been customers for a long time but they still refuse to give us credit. Is that typical/normal? And the short answer … [Read more...]
Best Practices for Leaving your Chinese Supplier for a New One [Podcast]
In this episode… One listener asked us: What checklist of activities does an importer need to perform when ending business relationships with a Chinese contract manufacturer? So, in this episode, Renaud explains what the process of … [Read more...]
Supplier Quality Management: KPIs and Improvement Tools
If you purchase goods from outside companies, and if you need to ensure that your products are of high quality, reliability, and safety, you need to focus on supplier quality management. This takes different forms for different … [Read more...]
How To Push a Chinese or Vietnamese Supplier for Supply Chain Transparency
As I have noted multiple times in the past, supply chain transparency, or at least the growing requirement for transparency, is a megatrend. More and more, buyers will need to know who makes the critical components, where those factories … [Read more...]
What Supplier Development Process Makes Sense For Your Company?
If you purchase large amounts of products from supplier companies, you can have an influence on those companies. If you can get them to improve their performance using a supplier development process, for example, improve their quality or … [Read more...]
Sourcing from China (Part 3): Project management & checking quality early in production. [Podcast]
In this episode… We continue to explore what importers who're new to outsourcing manufacturing to suppliers in China need to be able to handle themselves when sourcing, developing products, and manufacturing there. In part 2 of the … [Read more...]
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