Posts tagged "procurement"

CHINA’S BEST PERFORMING CITY

First time you read the title, which city pops up first in your mind? Shanghai? Beijing? Guangzhou? or even Shenzhen? It's not entirely wrong, but it's not those cities! Here are the clues:       Home of the Pandas   Super Spicy Food! (Main Ingredients: Chili, Chili, Chili, Peppercorn, Peppercorn, Peppercorn, Oil, Oil, Oil, Coriander)   Different Varieties of Chili for This City's Special Dishes   Peppercorn   Their "It" Hotpot   The ...

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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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MADE IN CHINA 2025 AUTOMATION

Every country has its longterm planning for the future. Speaking of which, what about China's future planning for the next 10 years?   The Idea The Chinese government has made a "Made in China 2025" initiative for its long term planning. Some say there are too many obstacles in this ambitious plan, but others say that the entry of China into the global manufacturing market as a player that offers more than low-cost labor is a very good step to create a truly global competitive market....

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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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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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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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Aspects of sustainable product sourcing

How sustainable product sourcing can become a business centerpiece? Companies that have made the effort to adopt green procurement practices know eco-friendly supply chain techniques can't simply be implemented in isolation. Rather, in order to be as effective as possible, sustainability needs to be made an integral part of the firm's larger business strategy. The logic behind this principle is clear. The distribution supply chain is a large network made up of a variety of different typ...

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Top 10 problems in International Trade

The most common issues you can face doing international trade: 1. Distance: Due to long distance between different countries, it is difficult to establish quick and close trade contacts between traders. Buyers and sellers rarely meet one another and personal contact is rarely possible. There is a great time lag between placement of order and receipt of goods from foreign countries. Distance creates higher costs of transportation and greater risks. 2. Different languages: Different lang...

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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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