Posts tagged "manufacturing"

10 PRODUCTS CHINA MANUFACTURES THE MOST

21

Sep 2015


Global Sourcing
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10 PRODUCTS CHINA MANUFACTURES THE MOST

There was an old joke saying "Every goods are made in China, except human". I think there is a little truth about that. Whenever we go to the grocery stores or supermarket or any stores that you can mention, most of the products are made in China. Speaking about which, here are 10 products that China manufactures the most, comparing to other countries in the world.   1. PC (Personal Computer) The PCs that are produced by China accounting for 90.6 percent of the world's total. The per ca...

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What is OEM and ODM?

14

Nov 2014


Global Sourcing
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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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Manufacturing Day in the U.S.

30

Sep 2014


Global Sourcing, International trade, Opportunities
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Manufacturing Day in the U.S.

Manufacturing is more than just a cornerstone of the U.S. economy; it’s a cornerstone of modern life. The screen you’re reading this on is a manufactured commodity. The radio you’re listening to, the car you drove to work, the smartphone your kids keep staring at – your refrigerator, your TV, your medicine – all manufactured goods.   Many headlines about U.S. manufacturing are negative, focusing on increased global competition in the sector, but the fact is that the U.S. manufac...

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What and Why – Pre Production Inspection

17

Sep 2014


Global Sourcing, Safety and Compliance
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What and Why – Pre Production Inspection

What is PPI - Pre Production Inspection?   The “PPI” or "IPI" (Initial Product Inspection) is completed right before the beginning of the actual mass production. It is done after the identification or evaluation of your vendor. The objective of the inspection is to ensure that your vendor and factory has truly understood your order’s requirements and specifications and that they are well prepared for production. The inspection is completed onsite at the factory or vendor offic...

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Famous Jute Products of West Bengal

20

Aug 2013


Global Sourcing, Quality Management
2 comments

Famous Jute Products of West Bengal

OFFERED BY Prasenjit Mandal   West Bengal is one of the world's largest jute producing and processing regions. Innovations in jute products are helping to tap a larger consumer market. Industrial development in West Bengal dates back to the latter part of 19th century when jute mills were set up along the sides of river Hooghly. These were followed by engineering, iron and steel, cotton textile, chemicals and other industries. At present, important large scale industries in West Benga...

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China’s Rising Costs

31

Jul 2013


Global Sourcing, Logistics, Opportunities
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China’s Rising Costs

Companies that reevaluate their China-based manufacturing operations can remain competitive despite inflation.                                     Executives across China have been quick to mention rapidly increasing labor costs in recent years as one of their top concerns for their China operations. China’s labor costs in the urban manufacturing sector reached ¥31,000 ($4,579) per employee per year in 2010, more than doubling from just ¥12,700 ($1,5...

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Eurozone industry ‘growing again’

26

Jul 2013


Global Sourcing, Opportunities
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Eurozone industry ‘growing again’

Private sector industry in the eurozone returned to growth in July, according to a closely-watched survey, boosting hopes that the single currency area will soon emerge from recession.   The Markit eurozone Purchasing Managers' Index (PMI), which measures business output, was 50.4 in July. A figure above 50 indicates expansion.   July's figure was up from 48.7 in June, and marks an 18-month high.   The eurozone has been in recession since the end of 2011.   "T...

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President Election & Sino-US Relation

05

Jun 2012


Opportunities, Safety and Compliance
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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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Becoming a Global Supply Chain Expert

03

May 2012


Global Sourcing, Logistics, Supplier Assessment
1 comment

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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How WFOE Starts Business in China

15

Feb 2012


Global Sourcing, Safety and Compliance
2 comments

How WFOE Starts Business in China

The Wholly Foreign Owned Enterprise (WFOE or WOFE) is a Limited liability company wholly owned by the foreign investor(s). In China, WFOEs were originally conceived for encouraged manufacturing activities that were either export orientated or introduced advanced technology. However, after China's entered the WTO, these conditions were gradually abolished and the WFOE is increasingly being used for service providers such as a variety of consulting and management services, software development and...

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