Quality Control

40 Tips to Survive a Chinese Trade Fair

Beyond the obvious networking, learning, and sales opportunities, trade shows can also be an excellent place to launch a new company or product. Trade fairs can be extremely effective for making face-to-face contacts, identifying suppliers, and finding out how business really works in China. The Internet is not doing anything at all to displace face-to-face events. In fact, demand for face-to-face is growing as a result of the Internet facilitating transactions and opportunities, and extending t...

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8 Steps to Supply Chain Visibility

When executed properly, supply chain visibility will come into play on a day-to-day basis. But how do logistics managers get there? Our technology correspondent shows you the way. When shippers, vendors, and customers can seamlessly pinpoint the location of any shipment at any point of a supply chain, all parties are sent into a nirvana-like state of visibility, knowing that they can keep tabs on everything from the raw materials to the final product. If your own organization hasn’t quite gott...

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10 Ways to Cut Supply Chain Costs

If you want to reduce logistics costs, you have to take the time to review your processes. Nathan Pieri, senior vice president of marketing and product management for Rutherford, N.J.-based Management Dynamics, offers these tips for trimming your logistics budget.   1. Eliminate supply chain bottlenecks. By periodically reviewing and analyzing their supply chain networks, companies can pinpoint issues and proactively address them. Strategies to reduce or eliminate bottlenecks include...

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Which Distribution Fits Your Business?

Choosing the mode of distribution to develop your business is a big step going to determine the whole approach of the market. Many parameters play an main role in the final decision and you have to prioritize them regarding your objectives. Find here under pros and cons to every kinds of distribution to help you choosing the best one for you.   I.  Supplying Goods Directly to Retailers   Pros Mainland retailers are developing in the direction of large-scale networks wit...

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Made-in-China Loses Its Cost Advantage

China's manufacturing cost advantage has been cut by almost 20 percent and multinational companies are reducing the procurement of consumer goods from China, China Business News reported.   The paper quoted Shanghai International Sourcing Promotion Center as saying that due to the rising raw material prices and yuan appreciation trend, the cost advantage of "Made in China" has been cut by close to 20 percent. Many purchasing orders of consumer goods have transferred from China to Sout...

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China, 3rd Highest Labor Costs in Asia

An average worker in China costs more than the average worker in any other emerging Asian economy, save Malaysia and Thailand, when considered in terms of combined salary and welfare payments, China Briefing has found.   Conducting a review of minimum labor costs, determined by the legal minimum amount stipulated in 15 different countries, and added together with the pertinent mandatory welfare payments due, it is apparent that since the introduction of the revised labor law in 2008, ...

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Trade Surplus Rises in Coming Months

China's monthly surplus is expected to "widen" in the coming months though export growth will "decelerate", probably causing some factories to close, said the Ministry of Commerce on Thursday.   As domestic and global business conditions deteriorate, some manufacturers and exporters might struggle in the months ahead, with even some going bankrupt, said Zhang Ji, director-general of the ministry's department of mechanical, electronic and high-technology industries.   Accord...

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China Is Going Green!

China will adhere to the road of green industrialization characterized by higher science, better economic efficiency, low consumption of resources, less pollution and full use of labor advantages, said China's Minister of Industry and Information Technology Miao Xu Tuesday here.   Addressing the Ministerial Meeting on Energy and Green Industry, the minister stressed that to reach the goal of green industrial development, China will mainly accelerate the industrialization process by ad...

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China in Numbers

Reflections after the 2010 Population Census   By Angel Fernández de Castro de Léon.   Just few days ago the National Bureau of Statistics of China released very interesting information regarding to the most recent 2010 National Population Census. Considering that this comes once every decade, and that we are considering not just the most populous nation over the globe, but the second largest economy of the world, we should perhaps take a little interest…   C...

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Head, Tripe, Steer!

Through centuries, the economic web in the entire world has widened. Greatly supported by the globalization phenomenon, frontiers have been erased, markets saturated. Thus, originally simple confluences between supply (bid) and demand, supply has massively grown its presence (attendance) on markets, which has modified the demand function. From a global look and concentration on a price under constant pressure but also downwards, things changed and let place to a tremendous focus on a quality/ pr...

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