The importance of a China manufacturing contract I've written about terms to negotiate with your contract manufacturer and the positive effects of signing a strong manufacturing contract before. And some commonalities between them include making expectations clear, protecting IP, and making your supplier accountable for their results in your China manufacturing contract. It's fair to say that many of today's buyers still start working with a supplier in China (or other Asian … [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 manufacturing contract. That makes sense. And that lawyer will probably prepare a relatively strong contract, too. That makes absolute sense from a lawyer's point of view (their mission is to cover all risks, after all). However, here are a few consequences … [Read more...]