10 Common Mistakes when Sourcing Overseas!

10 Common Mistakes when Sourcing Overseas!

10 Common Mistakes when Sourcing Overseas! With a few clicks of a mouse it is possible to find a vast number of overseas suppliers, but with this approach come many risks. We outline some of these risks: 1. Wow – that’s cheap! Whilst all companies want to minimise...
Why Outsourcing Works

Why Outsourcing Works

Perhaps we should start with Apple – they don’t make anything but are still doing reasonably well! They focus on creating great innovative products, and then use their extensive network of factories to deliver their perfectly formed products. So perhaps there is...
What is Guanxi?

What is Guanxi?

So what is Guanxi, and why is it important for doing business in China? The Chinese believe that friendship lasts longer than business relationships, and as such make friends first and do business later. Guanxi is based on trust, and the trust comes from investing a...