If you ask any importer if they'd like to reduce their operating costs they're almost certainly going to say yes! But what are the options? Renaud has 9 cost-cutting options for you here regardless of where you're manufacturing. Some, … [Read more...]
China Power Cuts In Late 2021. Will Your Supply Chain Be Affected? [Podcast]
![China Power Cuts In Late 2021. Will Your Supply Chain Be Affected? [Podcast]](https://qualityinspection.org/wp-content/uploads/2021/10/ChinaPowerCutsInLate2021.WillYourSupplyChainBeAffectedPodcast.jpg)
In this episode... Sofeast's CEO Renaud Anjoran dives into what's causing the power cuts around China that are affecting many manufacturers around the country in late 2021. Some manufacturers are having to close for days at a time or work … [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...]
Rising prices in China: 5 solutions for importers
The RMB rate has been going up steadily against the USD (see below), and labor costs have been increasing even faster. When you add the raises in shipping rates and in certain raw materials prices, prices have often increased by more than … [Read more...]