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Wednesday, 05 November 2008 |
 Factory Visits in China are Very Important
Would you send a substantial amount of your hard earned money to someone you have not met before with only a hope that everything will be fine later? Of course not! So why are you doing this with your newly hired factories in China? To make a fine point, visiting your Chinese factories on a regular basis is a must for all importers if you want to minimize your risks. From my first hand experiences, I know Wal*Mart's policy is for vendors to visit every one of their factories in 3 months intervals. Wal*Mart is a cost conscious company that would not require these visits if they didn't believe them necessary. | | This item includes 1 comment |
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Thursday, 01 May 2008 |
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We interview US-based entrepreneur Charles Kirmuss, who has been importing electronic products from Asia since 1991.
Q: For someone who is talking directly to China manufacturers for the first time, what differences should they expect compared to talking to domestic suppliers?
 A: Oh boy, a lot of things. It's incredible. You have the good and bad situations that arise. When you come to a trade show you can obviously meet a lot of new contacts on the show floor, where you really don't know who is Mr. Who. | | This item includes 6 comments |
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Tuesday, 27 November 2007 |
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Adam Linden of Canada's Ultimate Footwear Corp reveals sourcing strategies and lessons learned during a 16-year span importing China-made footwear. Among his many helpful tips, he cautions importers to brush up on their currency exchange skills, makes the case for using letters of credit where larger orders are involved, and reviews the improvements he has seen in importing from China.
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Tuesday, 16 October 2007 |
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There are quite a number of good China suppliers offering new and innovative products or offering their manufacturing services. You'll increase the odds of finding good suppliers by sourcing through reputable channels like trade shows or web sites that physically visit and verify that suppliers are real (like Global Sources verified suppliers). Nevertheless, it is good practice to conduct some due diligence on the supplier, and overseas buyers are sometimes surprised to learn of the many tools available to do this. | | This item includes 2 comments |
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Tuesday, 16 October 2007 |
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Sometimes sourcing middlemen don't make it clear that's what they are, and may even try to pass themselves off as factories though they have no manufacturing facilities. In these cases, the buyer is likely paying higher prices, giving up control, and possibly taking on greater risk -- and getting no added value in return. China-based Mike Bellamy runs down the steps buyers can take to avoid this. | | This item includes 1 comment |
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Tuesday, 16 October 2007 |
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China Law Blog's Dan Harris questions whether local government officials can meet expectations in identifying suitable partners in their jurisdictions.
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Tuesday, 16 October 2007 |
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Experienced buyers at the Global Sources China Sourcing Fairs share their biggest challenge and best advice for newcomers.
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Saturday, 14 July 2007 |
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By Diana in 'The China Sourcing Blog'
I recently accompanied clients to visit a few Chinese mining machinery suppliers. Conversing with these suppliers face to face helped me form a picture of the current work status of these companies, and afforded me a glance at the Chinese mining machinery industry generally | | No comments for this item |
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