Posts tagged "procurement"

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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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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CHINA’S SEMICONDUCTOR INDUSTRY

Yesterday, I wrote a final essay about how technology changes the way we live. As I reflect, can you imagine how that thing changes our life in many aspects! In daily life, we are spoiled by the internet. Fast, fast, fast. Everything's becoming more and more instant. Even the nature of business has been changing.   Recently, I've been attracted with China's commitment in improving quality. Yes, quality, not quantity anymore. If you are following news about China, China has been helping m...

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READY FOR CANTON FAIR?

First time coming to China? What to prepare when coming to China?   A lot of foreigners think that China is outdated, and I've crosschecked it with my friends! Funnily, though they are foreigners from different friend circles of mine, but the thing that they said was similar! They said that, "I've never thought that I would see tall buildings in China!"   Lujiazui, Shanghai   Welcome to China! A Spanish friend told me, "For me, first time I came to China the first thin...

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CHINA MANUFACTURE: HUMAN VS ROBOT

We've heard so many news regarding labor problem in China. China's population is big and people need work for their life. Lately, many companies have turned their face to replace human with robot. Talking about cost, defect, and other things, yes, robot works more effectively more than human. But, what about human's fate? How does automation change China manufacture industry?   Chinese workers are taking a nap   The Machine Effect Human. We are created with emotion, intellectua...

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TRADE SHOW IN CHINA (MARCH 2016)

Dear readers, I just updated the upcoming trade show in China for the March period and yes, Canton Fair is coming next month on April! Don’t miss the show and many other interesting upcoming trade show!         Sino-Pack 2016 (Packaging Machinery & Materials) Date and Time: Wednesday, March 2 - Friday, March 4 2016 Venue: Area B, China Import & Export Fair Complex, Guangzhou, China Venue Address: 382 Yuejiang Zhong Road, Pazhou, Guangzhou, PR China (Posta...

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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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CHINA ECONOMIC SLOWDOWN WITH JACK MA

Who doesn't know Jack Ma... The current richest man in China caused by his agile Alibaba's IPO move in the US market. We know that currently, China's economy has been in the slowdown state, but what does Jack Ma think about this slowdown? Let's take a look ...     Don't You Worry About the Slowdown...   In Ma's opinion, the 'over-reacted' attention from all of the world reflects the global importance of Chinese economy. He added that continuing to strive for the double dig...

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11 MOST POWERFUL CHINESE STARTUPS

I would say, it's not only powerful, but also valuable! Check out the countdown below...           11. MoGuJie (蘑菇街) Valued at: $1 billion Total funding: $200 million MoGuJie is the Pinterest's Chinese version, Mogujie lets women create photo collages, but it's figured out how to turn those dreams into actual money for merchants. The WSJ reported in March that the site was looking to raise another $300 million at a $2 billion valuation, so it's still clim...

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NEW E-BIKE THAT CONNECTS TO SMARTPHONE

If you visit China, you'll find many Chinese people riding on a motorcycle-like vehicle. That is what we call E-bike or electronic bike. In my third year living in China, I just realized, when you are going somewhere by bus, 3 things will attract your eyes the most: 1. Luxury European Cars; 2. Smartphones; 3. Electronic Bike. People there like to ride their e-bike and as you know, China is the biggest smartphone market (moreover for Apple!). So, compiling the facts, Xiaomi CEO decided to invest...

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