Have you verified your Chinese Supplier?
As global sourcing has become an important part of international business and increased in the number of international companies who source products from China on daily basis, also face the issues in verification of supplier’s. In Victure (www.victuregroup.com), we help international companies verified corporate certificate, address, company details with local officials to avoid scams (document...
Don’t you know what to do after Trade Fair?
Don’t you know what to do after Canton Fair or Trade Fair? Meet us (Victure group) after the Trade Fair. Certainly attending trade fairs is a great experience, however it happens once the whole show ends? We stay with dozens of business cards and catalogues, sometimes there are so many that we should even send...
How can you manage your Chinese Supply Chain when your travels to China are banned?
The Coronavirus in China continues to worsen and spread. The number of confirmed cases reached to nearly 12000 worldwide, due to which public transportation of many cities have been closed to minimize the inter-personal affection. As the virus spread continues to spread throughout China and across borders, it’s hitting businesses around the world. Unfortunately, in control...
The Role of Supply Chain Organizations in Managing Climate Change
An Introduction to “Scope 3” Emissions ABSTRACT You probably have heard that many countries have signed the Paris Climate Agreement, and have pledged to become Carbon Neutral by 2050, but do you know what means? Do you know that leadership and innovation from business are vital elements for meeting the Carbon Neutrality goals of those...
THE CHINESE ARE COMING! The Global Expansion of Chinese Companies / Brands
What do the following companies / brands all have in common? Lenovo Haier Huawei Hisense Alibaba Tencent Xiaomi ZTE Anker DJI The answer is that they all originated in and continue to be based in China. They are also all now “global” entities that are successful in many different markets / countries outside of...
SUPPLY CHAIN FINANCING MODEL created & utilized by Victure Industrial Co.
As we at Victure Industrial Co. have expanded our business, we have reviewed opportunities with many new potential customers. In this process, we have encountered a large number of small businesses who have great product concepts, and great marketing plans, but insufficient knowledge of how to create and manage the supply chains that they need...
Finished Goods Inspection: A Wholly Inadequate Means to Control Product Quality
Let’s start this discussion with some definition of terms according to the American Society for Quality (“ASQ”): “Inspection”: A verification activity. For example, measuring, examining, testing and gauging one or more characteristics of a product or service and comparing the results with specified requirements to determine whether conformity is achieved for each characteristic. “Quality”: a subjective term...
The Fairs are Cancelled… The Show must go on!
The Canton Fair & The Mobile World Congress – along with at more than two dozen large trade fairs and industrial conferences in China and overseas have been cancelled or postponed due to travel curbs and concerns about the spread of the novel coronavirus. These cancellations will limit and restrict the communication, connection, and collaboration that...
How many China companies (your suppliers) died from Coronavirus!
While we are well aware that the coronavirus has been taking a tremendous toll on the population in China… One key thing that we must be mindful of is the toll the coronavirus may soon start taking on China businesses. The economic impact on small and medium size businesses may soon result in significant numbers of...
Planning beyond China
From the outbreak of the coronavirus (Convid-19) many companies including importers, retailers, and distributors have been dramatically affected. The China plant closures, and travel restrictions have greatly impacted both small and large buying companies. Hyundai and Ford have stopped much of their automotive production for two months. Apple has delayed its global product launching plan. And nearly two-thirds of...
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