Posts tagged "sourcing"

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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Sourcing of Suppliers during Travel Restrictions (1 out of 4)

Regardless the industry, scale or magnitude of your international purchase, the first stage of the project is to have a supplier that manufactures your products at competitive prices, with the delivery times that you expect under the desired quality standards. However, the main challenges and questions that international buyers face are: How do we find potential suppliers for my purchasing projects in China? How do we know that the identified supplier is a reliable source and does not represent ...

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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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The Canton Fair: the 2016 Fall Edition

CANTON FAIR FALL EDITION 2016 Every year hundreds of trade fairs are held in the world; one of the biggest ones being the Canton Fair, held twice a year in the Chinese southern city of Guangzhou. This is the perfect place to get a first touch with Chinese fairs; you can find almost every industry there and suppliers visit from every part of the country. Here in SBE, we know it is not always easy to go to these fairs; flight tickets, time consumption, hotels, food, etc. But we also kno...

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CHINA’S MANUFACTURING SECTOR NOW

As we know, currently China's economic condition is not really good. After periods of massive growth and development, the manufacturing sector is surely changing. Many reasons and factors define this change. Things like demographics change, hiring practices, technology, and markets are changing China's manufacturing sector. We will discuss some of them in this article and don't worry! These changes are not that negative. It will just change the way investors operate their factories and ...

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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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THE STABILITY OF CHINESE YUAN

Canton Fair is starting today! Last 2 days ago, I wrote an article that I hope can help you, not to get a culture shock when arriving at China. Today... I'm writing an article about the update of Chinese Yuan, that is the most important thing for your purpose in coming to China.   Chinese Yuan has been a hot topic, since it was planned to add the IMF's reserved currency basket. But, this also makes us nervous as the news regarding Chinese Yuan always change and as we know, in the currenc...

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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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