Posts tagged "China"

International Sales Contract

23

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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COVID-19 IMPACT ON OCEAN FREIGHT PRICES

09

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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Sourcing of Suppliers during Travel Restrictions (1 out of 4)

01

Sep 2020


China, Global Sourcing, International trade, Opportunities, procurement, Safety and Compliance, Supplier Assessment, supply chain, Trade Show
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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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WeChat in the Supply Chain

26

Aug 2020


China, Global Sourcing, International trade, Quality Management, supply chain
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WeChat in the Supply Chain

On August 6th, President Donald Trump issued an executive order that bans US individuals and companies from doing business with WeChat citing national security concerns. WeChat has also raised some concerns in other countries such as Australia and Canada and in June, WeChat was also banned in India. What is WeChat? WeChat is China´s most popular messaging app and according to Statista the number of active accounts has been increasing steadily. In the second quarter of 2020, WeChat had o...

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Chinese National Holidays

23

Sep 2016


Global Sourcing
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Chinese National Holidays

CHINESE NATIONAL HOLIDAYS AND WHAT TO EXPECT Chinese National Holidays are approaching fast; it will be from October 1st to October 7th. This is one of the two weeks known as Golden Weeks in China. A Golden Week is when is officially a holiday for a total amount of 7 consecutive days in the country; the other one being during the Chinese New Year. These days are very important in the Asian country because they mark the creation of the People’s Republic of China. We are going to explain some i...

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Mid Autumn Festival and Mooncakes

14

Sep 2016


China, Opportunities
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Mid Autumn Festival and Mooncakes

One of the most famous Chinese holidays is the Mid-Autumn festival. This year it will fall during mid-September. It is only three days of holidays from September 15th to September 17th, but, if you have any order coming from China during these days, remember that they might be delayed due to the festivities. The holidays are celebrated throughout East Asia, and are also important days in Taiwan, Hong Kong, Macau, Vietnam and Korea. The festival is a very good occasion for families and friends t...

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CHINA’S LIGHTING INDUSTRY

06

May 2016


Global Sourcing, Quality Control, Quality Management
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CHINA’S LIGHTING INDUSTRY

Last time, we've discussed about the IP protection in China. Today, we'll discuss about the more specific issue regarding this IP protection. When China committed to restrict its IP protection, the government also paid more attention to several critical issues and one of them is related to the lighting industry.     Growth in Lighting Industry   Recently, there has been an extravagant growth in the lighting industry as improvements in the China's intellectual property en...

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CHINA’S MANUFACTURING SECTOR NOW

05

May 2016


Global Sourcing
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CHINA’S MANUFACTURING SECTOR NOW

As we know, currently China's economic condition is not really good. After periods of massive growth and development, the manufacturing sector is surely changing. Many reasons and factors define this change. Things like demographics change, hiring practices, technology, and markets are changing China's manufacturing sector. We will discuss some of them in this article and don't worry! These changes are not that negative. It will just change the way investors operate their factories and ...

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CHINESE PEOPLE ATTITUDE TOWARDS BRANDS

04

May 2016


Global Sourcing
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CHINESE PEOPLE ATTITUDE TOWARDS BRANDS

China may be closed to the outer world one time, but when it opened its door the the outer world, well, you can conclude yourself :) . I wrote this article to give you more insight about Chinese people attitude towards brands. It's very important, moreover for you, who want to enter the Chinese market.     Research Says... Based on research that was done by Cohn & Wolfe about the authenticity of the brands in the eyes of consumers, financial brands like the Bank of China a...

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WELCOMING SHANGHAI DISNEYLAND

28

Apr 2016


Global Sourcing
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WELCOMING SHANGHAI DISNEYLAND

It has already fixed that Shanghai Disneyland will be opened on June 16, 2016. On the other hand, China's pollution is still kinda a serious problem. Sometimes, you can't see that clear blue sky. What will China do to make Shanghai Disneyland become "children's happiest and most beautiful place"? What will they do to maintain the clear blue sky above Shanghai Disneyland? Stay with me till the end of this article and you'll find out how creative China is.   Old factories: It's time to say ...

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