Posts tagged "supply chain"

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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STEEL PRODUCTION RESTRICTION

27

Apr 2016


Global Sourcing, International trade
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STEEL PRODUCTION RESTRICTION

China is the world's biggest steel producer, accounting for around 822 million tonnes a year. There was a call from the US, Canada, the EU, Japan, Mexico, South Korea, Switzerland and Turkey to restraint the world's steel production. The call was raised due to the failure of international talks to find measures to tackle the industry crisis.   Selling Steel at a Loss In the past months, record production in China has led to criticism. Analyst saw it as a distortion for international ...

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MAKE IN INDIA (PART 2)

25

Feb 2016


Global Sourcing
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MAKE IN INDIA (PART 2)

Last time, I wrote an introduction about "Make In India", Modi's way to increase India's industry. On this second part, let's see what does "Make In India" offer to us... There are 11 elements that India is ready to offer to us, check them out!   1. AUTOMOBILES Do you know that India is the world's fifth biggest automobile market? For sure, this can climb up to number three by 2019.   Inside Tata, world's cheapest car manufacturer   2. CHEMICALS In Chemicals field, Ind...

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DRONE DELIVERY SERVICE

22

Feb 2016


Global Sourcing
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DRONE DELIVERY SERVICE

As time goes by, many surreal things get real! Check one of them: when drone takes over human to deliver your goods... Well, drone delivery service has finally become real... A Sky Full Of Drones Well, at least soon or later, our sky will be full of drones! Believe it or not :) . As I used to say in my previous articles, "China is big, everyone!". China is also full of online platforms that can spoil your life becomes more and more convenient. In other words, this condition creates an undeni...

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CHINA-ALGERIA COOPERATION

18

Jan 2016


Global Sourcing, International trade, Logistics
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CHINA-ALGERIA COOPERATION

New year, new investments and cooperations for China. Being one of the world's strongest country, China has been 'down to earth' to share its capital and help other countries to improve their infrastructure. Currently, Algeria made a deal with China to build a mega sea port. It's not only big, but MEGA!   3.3 billion USD is the amount of China-Algeria deal to build and exploit the new center transshipment port of Cherchell.   Port Cherchell   The agreement was signed between...

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GLOBAL SMARTPHONE GROWTH

18

Dec 2015


Global Sourcing, Logistics
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GLOBAL SMARTPHONE GROWTH

Talking about the global smartphone growth, maybe you'll guess China is the leader... Well, it's kinda make sense as China contributes as one of the biggest smartphone maker in the world. But, let's check this out first then we can make the conclusion :)     Rule of "Thumb" I quoted the Thumb! Don't you realize? Lol! Thumbs contribute a lot for us to use smartphone... I like to do massage and one day, when the woman who gave me the massage rub the joints beneath my thumbs and she s...

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BREAKING AIRBUS AND BOEING DUOPOLY

04

Dec 2015


Global Sourcing, Quality Management, Safety and Compliance
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BREAKING AIRBUS AND BOEING DUOPOLY

I remember when I was a little kid, my mom taught me when we were inside the airplane that there were only 2 aircraft manufacturers: Boeing from the US and Airbus from Europe; and she preferred Airbus as she felt that Airbus's aircraft was more spacious than Boeing (oh, dearest mommy *hug*).   Speaking of which, some countries, mentioning 2 "Big Giants", Russia and China, want to break that duopoly market. Russia with its state-owned United Aircraft Corporation (UAC) confident to laun...

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