In our previous articles in this series, we talked about the importance of an efficient sourcing of supplier, the need to carry out a factory audit to your suppliers to check whether they comply with the regulations of the tax and customs authorities in order to reduce any risk for your company and investment and on the importance of quality inspections that helps importers to identify any problems with their products, in addition to provide information and tools to decision makers to solve any ...
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Oct 2020
China, Container Loading Supervision, Global Sourcing, Inspections, International trade, Logistics, Safety and Compliance, supply chain
Comments Off on Container Loading Supervision (4 out 4)
29
Sep 2020
audits, China, Contract, Covid 19, factory audits, Global Sourcing, Inspections, International trade, Quality Control, Safety and Compliance, supply chain
Comments Off on Quality Inspections during Travel Restrictions ( 3 out of 4)
Quality Inspections during Travel Restrictions ( 3 out of 4)
According to the International Organization for Standardization (ISO), quality control is part of quality management focused on fulfilling quality requirements. Quality Management coordinates activities to direct and control an organization with regard to quality. In our last article, we talked about the relevance of international sales contracts, and the way in which they establish the commitments acquired in any commercial transaction. We detailed some of the key elements that should be i...
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Sep 2020
audits, China, Contract, Covid 19, factory audits, Global Sourcing, Safety and Compliance, Sales Contract, supply chain
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International Sales Contract
Jorge Millan & Ivan Hernandez An international sale contract is a binding agreement between the parties in which it establishes the commitments acquired in the transaction, that is, it is the formal beginning of the relationship between the supplier and the buyer, regardless of the country in which they are located. As we have mentioned in our previous articles, an efficient sourcing of supplier and analysis is the fundamental part of any international purchasing project. Likewise, we ...
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Sep 2020
audits, China, Covid 19, factory audits, Global Sourcing, International trade, Safety and Compliance, supply chain
Comments Off on Factory Audits during Travel Restrictions (2 out of 4)
Factory Audits during Travel Restrictions (2 out of 4)
As we discussed in our previous article, the first stage of an international purchasing project is to have a supplier that manufactures your products at competitive prices, in the expected times and under the desired quality standards. That is why it becomes essential to perform an efficient sourcing of supplier considering the travel restrictions we are living in today. Once you have had communication with the potential supplier and have obtained information on prices, delivery times and min...
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Sep 2020
China, Container Loading Supervision, Covid 19, Global Sourcing, International trade, Logistics, Ocean Freight, supply chain
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COVID-19 IMPACT ON OCEAN FREIGHT PRICES
Plan your container bookings on-time and be aware of sudden cost fluctuations. In August, the peak season for freight started just as the previous years, however, this year Is different due to the pandemic. Although we know that during these months, prices go higher and capacity reduces, the pandemic has been added to the equation that makes more difficult the transportation of goods around the world. According to the International Maritime Organization, maritime transport is essential to t...
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Sep 2020
China, Global Sourcing, International trade, Opportunities, procurement, Safety and Compliance, Supplier Assessment, supply chain, Trade Show
Comments Off on Sourcing of Suppliers during Travel Restrictions (1 out of 4)
Sourcing of Suppliers during Travel Restrictions (1 out of 4)
Regardless the industry, scale or magnitude of your international purchase, the first stage of the project is to have a supplier that manufactures your products at competitive prices, with the delivery times that you expect under the desired quality standards. However, the main challenges and questions that international buyers face are: How do we find potential suppliers for my purchasing projects in China? How do we know that the identified supplier is a reliable source and does not represent ...
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