In this episode… NNN agreements are important legal tools importers should use to protect their IP. Renaud chats with Adrian about what they are and some of the common errors made with them that could leave you with an unenforceable agreement and no protection at all! First off, though, they kick off by examining the increasing Covid cases and their effect on supply chains in China as of mid-January 2022... Just hit the play button to start listening..! Listen to the episode … [Read more...]
Exploring Product Development Agreements For Importers [Podcast]
In This Episode... We explore product development agreements that clarify your expectations, protect your IP, keep leverage over your supplier, provide you with transparency and control over your supply chain, and make it 100% clear who is responsible for what when working with a supplier on developing a new product that is going to be manufactured in China or other Asian countries. Just hit the play button to start listening..! Listen to the episode right here 👇👇👇 🎧 Deep … [Read more...]
Are You Using A China Manufacturing Contract To Protect Yourself? [Podcast]
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...]
Sourcing from China 101, Part 5: Negotiating With Chinese Suppliers: The Terms you Need to Discuss
Chinese suppliers are good at detecting which purchaser is inexperienced. If that's the case, and if you are dealing with dishonest suppliers, they could think that they will be able to take advantage of you. Therefore, it is important that you come across as someone who is fully prepared. You need to know what to ask, and how to respond when a supplier is being unreasonable. Let’s have a look at the main terms you will need to discuss when negotiating with Chinese suppliers who you are … [Read more...]