Posts by itorres

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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President Election & Sino-US Relation

For decades, the United States' foreign policy regarding China has been a major debate topic in its presidential elections. As an election-year tradition, from Richard Nixon and John Kennedy in the 1970s, to Bill Clinton and George Bush in the 1990s, to Barack Obama and Mitt Romney (current frontrunner in Republican primaries) today, China occupied a featured spot in critical foreign policy discussions. American voters are wondering if Romney has a clear stance on his trade policy with China. If...

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China-Japan-South Korea Trilateral Talk

May 14 – Leaders from China, Japan, and South Korea concluded the Fifth Trilateral Summit Meeting and signed the Trilateral Agreement for the Promotion, Facilitation and Protection of Investment (hereinafter referred as the Trilateral Agreement) at a summit in Beijing. The Trilateral Agreement represents a stepping stone towards a three-way free trade pact to counter global economic turbulence and to boost economic growth in Asia.   In the joint declaration, the three nations list d...

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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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China & Central Asia: the New Silk Road

Experts and former leaders from China and Central Asian countries called on Monday for the expansion of cooperation beyond ties in the energy sector.   "Energy is fundamental, but the economic ties between China and Central Asia are wide-range and multi-form," said Xing Guangcheng, a researcher at the Chinese Academy of Social Sciences.   China should "broaden the thinking" in its collaboration with Central Asia, Xing emphasized.   Trade between China and its fiv...

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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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T4T: Platform for Your Operation Aboard

Tired of wasting time compelling, updating and forwarding all data of abroad activities to your colleagues? Tech4Trade is made for you!   Tech4Trade (T4T) is a web-based application designed to give you and your team a secure online place where to store, organize and share all your procurement projects and documents.   Thanks to Tech4Trade, you can follow the whole procurement process from home and manage your orders from our international trading platform!   You...

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