Posts tagged "import"

What’s Happening in Sourcing?

    Hey you, interested about what is happening in Chinese factories and sourcing? I will share you 5 interesting articles that have been posted recently - ranging from what kind of new Chinese factories there are to how to prevent corruption of purchasers.       The New Chinese Factory Read the article here   This is NOT an article about the average Chinese manufacturer. It describes what one of the most sophisticated manufacturers does, and it ...

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What is OEM and ODM?

What is OEM and ODM? Have you ever heard of them? These two acronyms are buzzwords in the manufacturing industry. While others have inaccurately thought that they can be used interchangeably, OEM, Original Equipment Manufacturer, is much different from ODM, Original Design Manufacturer. Buyers (that’s you!) provide the designs to suppliers the former, while manufacturers are the ones that take charge of the designs and overall specifications in the latter.   That sounds simple, right?...

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Top 5 Sourcing Countries

Low Cost Sourcing Destination Options Global sourcing is one of the fastest growing trends in supply-chain management. The convergence of globalization, technology, and business strategy influences global companies’ supply chains, providing them with several options for sourcing suppliers, exporters, and traders in their respective industries.   Aside from products, global sourcing solutions also tap the services and skills being offered by different countries. One of the core reasons ...

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What is Trade Fair Representation?

Hey guys! You know that sometimes you are in need of seeking new suppliers, but you just don't have the resources to do that. Maybe you don't have enough time or money to go to another country, or maybe you want someone else to take care about the sourcing because you would have problems with the language the suppliers speak.   So, what does Trade Fair Representation actually include?   We will represent you at a trade show where you can not attend.  The sourcing analyst o...

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10 Tips to Survive in Guangzhou Canton Fair

If you want to make direct personal contacts, identify suppliers, and find out the ‘ins and outs’ of doing business in China, attending trade fairs are a great first step. However, it is important to bear some points in mind to get the most out of your business visit to China. For many Westerners, China is definitely not the easiest place to travel in.   How to survive in Guangzhou then?   Here are 10 points for your to keep in mind when attending the Canton Fair in Gua...

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Supply Chain Key to Success in China

It’s no secret that China’s domestic consumption is rising rapidly. Chinese consumers are buying more of everything (from apparel and white goods to luxury items and home ware) and as they buy more, from more channels, including online, at single brand stores and from large specialty chains, domestic and foreign owned companies have to re-asses their supply chain infrastructure in China for both selling and making goods. Supply Chain in China was once an afterthought or was only thought o...

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Australian grapes come at Korea

Korean authorities have agreed to finalize conditions for the import of Australian grapes, just in time for the Southern Hemisphere country’s upcoming season. Australian Table Grape Association (ATGA) chief executive officer Jeff Scott said the successful negotiation and market access achievement was the result of close collaboration between the ATGA and the Department of Agriculture, Fisheries and Forestry (DAFF). “We expect trade to occur later in this coming harvest season once...

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Things To Know About The TPP

The three-year-old Trans-Pacific Partnership talks, now involving 12 nations, are aimed at lowering trade barriers across a wide range of sectors in 12 Pacific Rim counties that would stretch from U.S. to New Zealand and from Japan to Chile. TPP, arguably the most important trade agreement in a generation, emerged following nearly a decade of disappointment in trade talks. The World Trade Organization’s Doha Development Round of talks first collapsed in 2003 and effectively died with th...

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US trade with China seen rising

The US may overtake the European Union (EU) to become China's largest trade partner this year , Wei Jianguo, former vice minister of commerce, forecast on Wednesday. The prediction is based on the robust economic recovery in the US and trade frictions between China and the EU, Wei told a forum held by the China Chamber of International Commerce in Beijing. The EU has been China's largest trade partner since 2004. In the first 11 months of this year, China's trade value with the EU was st...

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India, China Take 60% of Gold Buying

In the quarter ended June, India and China together accounted for about 60 per cent to the global demand for gold. During the period, global demand fell 12 per cent.   Data compiled by Thomson Reuters and World Gold Council showed global demand stood at 856.3 tonnes during the quarter ended June, against 974.6 tonnes in the corresponding period last year. While jewellery demand rose 37 per cent to 575.5 tonnes, demand for gold bars and coins increased a staggering 78 per cent to 507.6...

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