Successful sourcing in China using the START model

Supply Chain Movement

“Catch the goat when it’s passing” is one of my favourite Chinese sayings, and it is particularly apt when you’re looking to source new products or materials in China. In other words, the START model increases your chances of succeeding in China!

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Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades.

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Is the industrialized world overly dependent on sourcing from Chinese?

All Things Supply Chain

As Sophie Kersgens wrote for ATSC earlier this month, “As the world’s leading exporter and one of the fastest growing economies, China is a decisive business factor for companies all… General Supply Chain Management automotive supply chain coronavirus supply chain management supply chain sourcing

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania.

The End of Single-Source Supply Chains

Supply Chain Brain

In a post-COVID-19 world, no smart company can rely solely on China for its manufacturing

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How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. Dun & Bradstreet researchers , for example say 51,000 companies, 163 of which are in the Fortune 1000, have “tier 1” suppliers in China, while at least 5 million have one or more “tier 2? The overriding reason for this China-dependence is the cost factor, and weaning manufacturing away from that country comes at a hefty price. Factors That Could Complicate Departure From China.

Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing is the heart of today’s global supply chains, and decisions made on sourcing impact everything from transportation and shipping costs, to both social and regulatory compliance concerns. Sourcing decisions can complicate or simplify this process.

Importing From China! The Essential Guide! (Video)

Supply Chain Game Changer

China has fast become a key player in the world’s economy. Since 2012, China has been the world’s number one trading country, and it shows no signs of moving from this spot anytime soon. Why Import your Products from China? Learning How to Import from China.

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Will COVID-19 Lead to More U.S. Manufacturing?

Talking Logistics

Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Global Trade Industry Trends China COVID-19 global trade Indago local sourcing reshoring US manufacturing

Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! found itself so reliant on a foreign country, mainly China, but certainly others. The Covid19 global pandemic has cruelly exposed the utter dependence of the US and the world on China’s mass manufacturing capability and supply of critical medical equipment and materials. Since then, China has goaled for dominance in this sector, and up to now, been doing it very successfully. Subscribe Here!

Walmart China Introduces Food Blockchain Platform as Parent Fights Internally

Logistics Trends and Insights

Our 2017 article , Has Walmart Finally Figured out China? grocer, Walmart was aiming to take the lead in China’s huge grocery market estimated at $1.3 However, in 2019, Walmart China announced it would use VeChain’s Thor blockchain for its China Blockchain Traceability Platform (WCBTP) in a joint venture with VeChain, PricewaterhouseCoopers (PwC), cattle company Inner Mongolia Kerchin and the China Chain-Store & Franchise Association.

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Finding Alternatives to Sourcing in China Can be Difficult

Logistics Viewpoints

In early November, the Northeast Cargo Symposium had a series of presentations and panels focused on how trade disputes are affecting companies that source from abroad. One session was called “Alternatives to Trading with China.” Global Trade Sourcing in China

Supply Chain Opportunities in China

Supply Chain Movement

Distribution in China takes a detour. China is not only an attractive market in terms of sourcing and manufacturing but also for the sale of goods due to the rapid growth of its middle class. Hence the companies Bugaboo and Foss have both faced considerable challenges, as they revealed during the recent ‘Supply Chain Opportunities in China’ seminar in Amsterdam on 24 June 2015. That means that we can’t supply mainland China directly from our factory.

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Why SMEs May Lead a Shift Away from China Sourcing

Logistics Bureau

The Coronavirus pandemic has raised concerns over China sourcing, accelerating the trend in businesses around the world seeking secondary sourcing countries. Small businesses may be nimble enough to rapidly shift away from China, but larger businesses may take longer to turn the ship onto a different trajectory. Why SMEs May Lead a Shift Away from China Sourcing. And then the US-China trade war erupted…. Thus began the exodus from China.

Editor’s Pick: Moving Out Of China Isn’t So Easy

Talking Logistics

This post from Amber Road’s blog discusses several factors companies must consider if they are thinking of moving out of China as a manufacturing or sourcing base. There has been a lot of recent buzz about companies relocating sourcing or manufacturing out of China. For decades, China has dominated supply chains, with most manufacturing countries following a “China Plus One” strategy for sourcing – diversify their operations by adding another location in Asia.

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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective.

China Exports Rebound Even as Western Markets Face Lockdown

Logistics Bureau

China says almost all of its major industrial companies have resumed production and that its ports are again running at near-full capacity after a two-month Coronavirus-linked shutdown. In China, a Two-month Lockdown begins to Ease. percent dip in goods from China and a 6.5

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Distribution in China takes a detour

Supply Chain Movement

China is not only an attractive market in terms of sourcing and manufacturing but also for the sale of goods due to the rapid growth of its middle class. Hence the companies Bugaboo and Foss have both faced considerable challenges, as they revealed during the recent ‘Supply Chain Opportunities in China’ seminar in Amsterdam on 24 June 2015. China expert Fred Sengers was the moderator. That means that we can’t supply mainland China directly from our factory.

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Can Australian Manufacturing be Brought Back Home from China?

Logistics Bureau

With the significant disruption to Australia’s supply chains caused by the Covid-19 pandemic, the question now focusing the minds of supply chain managers is whether production outsourced to China can be brought back onshore—and if so at what cost. Inevitably ‘Made in Australia’ goods will cost more—sometimes even double or triple the price tag of a ‘Made in China’ equivalent. Can Australian Manufacturing be Brought Back Home from China? Why China Became Australia’s Factory.

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‘Supply Chain Opportunities in China’ – 24 juni 2015

Supply Chain Movement

‘Supply Chain Opportunities in China’. Introduction – Guillaume Burette, General Manager Logistics – DSV China. China: from sourcing location to an end market. 12:00 China as a Global Distribution Centre – Manufacturing and bonded warehousing. 13:00 Domestic warehousing and distribution centres in China. Rietdijk, SVP Global Sourcing – Vestas. China as a Regional Distribution Hub. Customer deliveries in China.

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Supply Chain News on Leaving China Sourcing is Hard, but for Some Companies the Savings could be Significant

Supply Chain Digest

New PwC Report Says Saving New 25 Percnt from Switching to Mexico or Other Asian Sourcing Points

U.S. Defense Supply Chain 'Alarmingly' Reliant on China, Other Rivals

Material Handling and Logistics

The Defense Department released an urgent report last Friday outlining how its supply chains are alarmingly reliant on China and other potential military rivals for essential materials. We know there's a problem. But will the White House and Congress actually do anything about it?

China-Europe rail freight up 47%

EFT

Intercontinental freight travelling between China and Europe has increased dramatically as a result of COVID-19 disruptions. This has pushed long-distance rail freight into the limelight as a mode of sending relatively high volumes of freight reliably and within weeks between major population centres in Europe and China. Freight typically takes 24 days to pass between China and the UK and around two weeks to move between China and mainland Western Europe.

Global Supply Chain News on will US Subsidize moving US Sourcing Out of China

Supply Chain Digest

US Developing Fund to Support Reshoring, though Concerns it Would Reward Offshoring

Sourcing Offices: a shift of paradigm

KEPLER Consulting

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. Asian countries and China in particular have been privileged destinations for those entities due to cost attractiveness of the area. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. The post Local Sourcing, Global Supply Chain appeared first on Kewill Corporate.

What Your Global Forwarder Must Know about Importing to China

CH Robinson Transportfolio

While the stock market in China has been volatile lately, the Chinese middle class continues to grow and buy. That makes China a highly attractive market for imports, if you have a logistics provider who knows how to deliver your imports. billion people, China is the world’s most populous country. According to the International Monetary Fund, China’s 2014 GDP reached $10.38 Between 2004 and 2014, China imported $13.52 Source: [link] ).

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Driverless Trucks, China, COVID and the Future of the Supply Chain

Turvo

A consultant, a tech wizard, a VP at a large Transportation company, and an ex-freight broker turned, a strategic sourcing specialist, turned HR consultant, mother of 3, trying to navigate her next career phase. Interestingly, we all had significant experience in the freight, logistics, sourcing, and supply chain world. Would our dependence on China change in the coming years? How would sourcing and transportation patterns change if manufacturing shifted away from China?

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Supply Chain News on Companies Moving Sourcing Out of China, but Vietnam, other Countries not Ready for Prime Time

Supply Chain Digest

Vietnam is Practically Sold Out of Capacity, but Finding Component Sources is Major Challenges

Supply Chain Graphic of the Week on How will Panemic Change Sourcing Strategies

Supply Chain Digest

Some Companies will Leave China, Survey Finds, but Majority will No

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Managing Threats And Opportunities With Cognitive Sourcing

LevaData

As digital innovation takes the forefront when it comes to customer experience and engagement, new connections between brand managers, manufacturing, and sources of supply are rapidly emerging. Organizations will begin to move away from calendar-based sourcing events to an as-needed process that allows for more agile management of their supply chain. First of all, the search for socially responsible, regulatory compliant sources of supply is already daunting.

You Source Product in China. But Do You Really Know Who's Making It?

Supply Chain Brain Podcast

Multi-tiered manufacturing supply chains can end up in some unexpected places - including prisons. Read More

Best B2B Marketplaces in China

EMERGE App

B2B Marketplaces in China – Suppliers, Manufacturers, Distributors. Global Sources. Global Sources is a leading B2B media company and a primary facilitator of trade with Greater China. More than 1 million international buyers, including 95 of the world’s top 100 retailers, use Global Sources to obtain product and company information to help them source more profitably from overseas supply markets.

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5 Consumer Perceptions of the U.S. Trade War with China and Holiday Shopping

Supply Chain Nation

and China has been a ping-pong-like match for the ages, sending tariffs flying back and forth. trade war/tariffs with China. An overwhelming majority of consumers report their recent spending is “business as usual” considering the trade war with China. trade war/tariffs with China leading into the holiday season compared to 28% at the beginning of the survey. Trade War with China and Holiday Shopping appeared first on Supply Chain Nation Blog.

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