Wiki Category: Manufacturing & Business Basics

It is hard to run a business in the globalized world without hearing of the advantages of sourcing to China. Without a doubt, China (as

OEM Manufacturing allows you realizing your own product ideas while the Manufacturing Company only does the implementation. An Original Equipment Manufacturer should have experience with similar products, but the production line is set up for your needs. Get a new product, but benefit from the manufacturers capacities.

ODM Manufacturing is commonly categorized into White Label & Private Label Production. ODM Manufacturing Companies allow you to make use of a supplier that can already produce the good you are interested in. An Original Design Manufacturer lets you take part in their expertise & returns to scale saving you cost & time.

International Trade Terms are mainly the Incoterms by the International Chamber of Commerce (ICC). They commonly determine sales practices in contracts and imply what seller and what buyer have to pay for with respect to the stages of delivery. These Commodity Terms of Trade help to agree on contracts with suppliers.

Understanding Chinese Culture in general and Chinese Business Culture in particular is crucial for dealing with Chinese professionals. Many small rules and taboos exist, but a general knowledge about keeping face and basic etiquette are most important. These insights are helpful to get along in Chinese Work Culture.