What are Incoterms and Why Do I Need Them?
What are Incoterms? If you’re new to purchasing from overseas, or you are interested in optimizing your supply chain, comprehending the significance of Incoterms is crucial. But what exactly are …
What are Incoterms? If you’re new to purchasing from overseas, or you are interested in optimizing your supply chain, comprehending the significance of Incoterms is crucial. But what exactly are …
In today’s fast-paced business world, managing costs and streamlining operations is key to success, particularly for new importers and growing small businesses. Are you new to importing or have questions …
The Lacey Act is a pivotal legislation aimed at combatting the illegal trafficking of wildlife, plants, and wood-based materials. For anyone importing products containing wood or plant material into the …
Need an agreement template for your manufacturer or supplier based in China? Crafting a supplier agreement in both English and Chinese is a critical element to ensure smooth collaboration and …
Setting up factory audits and inspections is crucial for anyone sourcing from overseas. In today’s interconnected global marketplace, startups and growing companies often source their products from overseas contract manufacturers …
Navigating the intricate world of safety and quality standards, particularly when it comes to certifications such as UL Listed, UL Recognized, and ETL Certification, can be a daunting task for …
In the world of supply chain management and corporate operations, two terms that are often used interchangeably but serve distinct purposes are sourcing and procurement. Let’s start with the definitions, …
In the world of manufacturing and sourcing, you will need a Bill of Material (BOM) template to maximize transparency and control of your supply chain. Where intricate products are composed …
Distinguishing Cost of Goods Sold (COGS) and Landed Cost in a Supply Chain There are important differences between “landed cost” and “costs of goods sold.” In the context of a …
Product regulatory compliance can be challenging to navigate, but online product compliance tools are available to make the job easier. To assist organizations in this endeavor, a multitude of online …