![Why and How to Control your Supplier’s Costs? [Podcast]](https://qualityinspection.org/wp-content/uploads/2022/07/WhyandHowtoControlyourSuppliersCostsPodcast1.webp){kind=small}
In this episode… We conclude the mini-series we've been doing where Renaud provides you with the advice you need to source from China yourself. We've covered the entire process from finding great suppliers, negotiating, manufacturing, … [Read more...]
Your Cost of Poor Quality Is Higher Than You Think
When one studies the literature around the Cost of Quality, the traditional breakdown of the costs is presented as follows: Source: ASQ TR2:2018. ISO 10014 and ASQ TR 2, two standards that provide guidelines (in … [Read more...]
Tips For Buyers On A Budget Who Want To Start Manufacturing In China [Podcast]
![Tips For Buyers On A Budget Who Want To Start Manufacturing In China [Podcast]](https://qualityinspection.org/wp-content/uploads/2021/07/TipsForBuyersOnABudgetWhoWantToStartManufacturingInChinaPodcast-1140x445.jpeg)
In this episode... You'll love this episode as it contains loads of helpful tips for buyers from China who're operating on a smaller budget from Sofeast's CEO Renaud and this week's guest, sourcing expert, Rico Ngoma from Source Find … [Read more...]
Rising Raw Material Prices: What Strategy To Follow? (6 Approaches)
In March (2021), we noted that the raw material prices of some commodities (silicone, some papers & cartons, some batteries...) went up a lot. And some analysts predict a multi-year increase in raw material prices. Bloomberg came … [Read more...]
Why Improving Quality Leads to Lower Manufacturing Costs
I am tired of repeating certain things over and over when I am in Chinese factories. One of them is this: If you work on improving quality, you will cut your costs at the same time if you follow the right approach. This is nothing new. As … [Read more...]