Quality Management

Why Being in China Is Compulsory?

If you have ever imported from China before, you know how important it is to have a presence on the ground, with your own staff or with external help. Not having one can create many headaches, frustration and can cost you thousands of dollars. Not having representatives in China can be the difference between managing a successful importing project from China or an unsuccessful one.   Setting up your own presence in China can be difficult, expensive and time consuming. Therefore, many ...

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40 Tips to Survive a Chinese Trade Fair

Beyond the obvious networking, learning, and sales opportunities, trade shows can also be an excellent place to launch a new company or product. Trade fairs can be extremely effective for making face-to-face contacts, identifying suppliers, and finding out how business really works in China. The Internet is not doing anything at all to displace face-to-face events. In fact, demand for face-to-face is growing as a result of the Internet facilitating transactions and opportunities, and extending t...

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8 Steps to Supply Chain Visibility

When executed properly, supply chain visibility will come into play on a day-to-day basis. But how do logistics managers get there? Our technology correspondent shows you the way. When shippers, vendors, and customers can seamlessly pinpoint the location of any shipment at any point of a supply chain, all parties are sent into a nirvana-like state of visibility, knowing that they can keep tabs on everything from the raw materials to the final product. If your own organization hasn’t quite gott...

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10 Ways to Cut Supply Chain Costs

If you want to reduce logistics costs, you have to take the time to review your processes. Nathan Pieri, senior vice president of marketing and product management for Rutherford, N.J.-based Management Dynamics, offers these tips for trimming your logistics budget.   1. Eliminate supply chain bottlenecks. By periodically reviewing and analyzing their supply chain networks, companies can pinpoint issues and proactively address them. Strategies to reduce or eliminate bottlenecks include...

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Which Distribution Fits Your Business?

Choosing the mode of distribution to develop your business is a big step going to determine the whole approach of the market. Many parameters play an main role in the final decision and you have to prioritize them regarding your objectives. Find here under pros and cons to every kinds of distribution to help you choosing the best one for you.   I.  Supplying Goods Directly to Retailers   Pros Mainland retailers are developing in the direction of large-scale networks wit...

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Becoming a Global Supply Chain Expert

Depending on their positioning, companies can follow certain strategies to become a global supply chain integrator. For companies already globally sourcing or manufacturing for export out of China, the primary goal should be to gain additional scale benefits by capturing sales opportunities in the Chinese market itself. The key success factors in this case are differentiation, flexible business models, and third-party contract manufacturing.   A good example would be Wal-Mart, whose s...

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Increase Shippment Density Creatively

Fuel price increases, passed on by the ship owners through surcharges or increased operating costs, have laid waste to transport budgets, at the same time as media, consumers, shareholders and regulators apply pressure on organizations to measure and lower their carbon emissions. This combination has forced companies to look for steps to become more fuel-efficient.   There is already plenty of work going on to reduce emissions in the shipping industry, which annually emits more than a...

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What Does 2012 Hold in Supply Chain?

Procurement, in the year 2011, witnessed some of the major challenges, especially from a supply chain perspective. Procurement professionals around the globe were seen fighting supply disruptions emerging out of the adverse events that occurred in 2011 which not only resulted in production losses but also negatively impacted company bottom lines. Based on the impact of these threats, various studies are forecasting a loss of €280 billion for the year 2012.   Effectively managing sup...

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Labor Strike Tactics in China

Increasing labor costs have become a major concern for foreign companies mulling whether or not to invest in China, but this may not be the only labor-related issue they should be watching out for. As the recent global economic downturn brings about falling factory orders, an abundance of young, well-educated and computer-savvy Chinese workers are leading one of the country’s strongest waves of labor unrest and labor disputes, which could cause real damage to companies’ regular day-to-day op...

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Made-in-China Loses Its Cost Advantage

China's manufacturing cost advantage has been cut by almost 20 percent and multinational companies are reducing the procurement of consumer goods from China, China Business News reported.   The paper quoted Shanghai International Sourcing Promotion Center as saying that due to the rising raw material prices and yuan appreciation trend, the cost advantage of "Made in China" has been cut by close to 20 percent. Many purchasing orders of consumer goods have transferred from China to Sout...

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