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Working with suppliers is an ongoing relationship that needs time, investment and consideration. Since you’ve clicked this article, you might start having concerns within your supply chain. When working with a supplier, it is a partnership so you a lot of planning should go into setting up the contract & expectations. If any steps are...
Your approach to finding a new vendor or supplier should be optimistic and you should be looking forward to partnering with an organization that aligns with your organizational values, product goals and process. While issues will arise, mindset and approach will set that tone for the success of your relationships and business. Start the relationship...
These days, it seems relatively easy to be able to setup, manage, and achieve success with an e-commerce business based on selling products to consumers. There are many “platforms” that allow you to establish an online “storefront” with very little upfront investment, and there are also multiple online wholesale “marketplaces” where you can find many...
A professional associate of mine in the United States recently spent some time online browsing through the “Alibaba.com” website, and he was positively impressed by what he saw. In fact, he was so impressed that he asked me: “Why Do I Need a China-Sourcing Company When I Can Use Alibaba?” His perception after reviewing their website...
You just finished the first technical and computer drawing of the product that you want made. You provide the specifications, requirements and CMF to your factory. You’re excited to receive your first sample. While you wait, you have to decide how to review the quality of your sample. Working with a quality agent can help...
When working to develop or plan a supply chain, it is hard to find a great partner. Working with a great partner can save you time, money and mitigate business risk so you should take the time to find the most compatible suppliers and vendors. Supplier evaluation is the process of assessing, reviewing and then...
While searching for vendors, one of the best ways to hone in on the best suppliers is to review factory certifications and quality standards prior to kicking off negotiations and productions. Factories will list their credentials and likely have an ISO 9001 or ISO 14001 certification or similar. “ISO”, also known as ‘ the International Organization...
It’s 2018 and CES is in full swing. By January 12 the CES will be over but most entrepreneurs will be seeking many new items or copies of what they saw there. Be careful!! After seeing items that interest you you will need to note any supplier that offers these item/s. Make a short list...
RadioShack has applied for Chapter 11 following Circuit City of 3+ years ago, I’m wondering how long Best Buy, Walmart, etc can last with huge rental and labor cost comparing with Amazon, eBay, Taobao, etc. With internet becoming more and more popular, international orders from those Circuit City or RadioShack have been turning to Amazon,...
Have you the business person ever tried finding a trusted China manufacturer for your precious product? I have mentioned in past articles that finding an honest sourcing company is the key to your success in business. The majority of entrepreneurs we work with need and want one or possibly 2 trusted China manufacturers to work...
