When it comes to paying invoices, there are multiple options. What makes sense for a low amount (say, 100 USD) is not appropriate for a higher amount (say, 15,000 USD). I described before the two main options for paying Chinese … [Read more...]
Sending a Regular Survey to your Chinese Suppliers
Large companies usually send an annual survey to their suppliers. The feedback helps them see opportunities for improvements and gives them data to justify some of those improvements. On their side, suppliers will generally be happy to … [Read more...]
Having a Chinese Manufacturer Make Molds and Tools for You
One of our regular readers, Brad Pritts, wrote a comment yesterday's post about non-recurring engineering costs. It is a great follow up. Here it is. -- One other problem/ misunderstanding that I’ve seen from lots of US customers … [Read more...]
10 Tips for Transferring Molds between Plastic Factories
We often see the following scenario playing out: An importer pays a plastic injection supplier to develop a mold and make a batch of products. At one point, the importer is fed up with the supplier for reasons related to attitude, … [Read more...]
What Changed in China Over the Past 10 Years for Importers
Mike Bellamy from Passage Maker gave an interesting talk at the Cross Border Summit on April 16. He listed what changed in the past 10 years for companies buying in China. 1. Project mgt by Chinese factories Chinese factories and … [Read more...]
Managing Assembly for your Production in China
It often makes sense to let your supplier handle the final assembly, final testing & inspection, packing, and shipping processes (which I will collectively refer to as “assembly” in this article). Here are a few examples of cases … [Read more...]
Conferences for Foreign Buyers in Shenzhen in April
If you work in South China, or if you are coming for the trade shows in Guangzhou/Hong Kong, you might be interested in attending conferences. In particular I am thinking of 2 events in Shenzhen city (between Hong Kong and Guangzhou) to … [Read more...]
What to Do after a Quality Problem with a Chinese Factory?
Let's say you found a quality problem before shipment. The goods are still in the factory. You paid a 30% deposit and you have pre-sold a part of the order to important customers. This scenario plays out every day in China. And it is … [Read more...]
Chinese Manufacturers’ Failure to Sell on Amazon
I listened to an interesting interview of Peter Zapf from Global Sources on Evolution of Amazon and Sourcing from China on the Global From Asia podcast. According to Peter, all Chinese suppliers are interested in Amazon sales. However, … [Read more...]
International Payment to Chinese Factories (Q&A)
I had the opportunity to ask a few questions to Richard Bensberg, an expert in the field of international transactions. Richard is CEO of Remitsy, a payment service provider for global commerce. His focus is on enabling British and European … [Read more...]
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