Different Types of Sourcing:
Methods, Pros & Cons

Sourcing Photo
08
Jul

Different Types of Sourcing:
Methods, Pros & Cons

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 well many other Asian countries) can help giving your company a competitive advantage in today’s dynamic business environment by taking their individual capabilities into consideration. However, the first step to achieving this...
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OEM Industry - Intrepid Sourcing
08
Jul

Original Equipment Manufacturer (OEM):
Introduction, Pros & Cons

What is OEM? The abbreviation “OEM” stands for original equipment manufacturer. The OEM definition can be misleading, as an OEM manufacturing does produce the product or components but they are created based on the design specifications produced by the original company. The part an OEM manufacturing firm plays is purely the manufacturing aspect, and allows...
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ODM manufacturing in China - Intrepid Sourcing
08
Jul

Original Design Manufacturer (ODM):
Introduction, Pros & Cons

ODM manufacturing allows you to make use of a supplier that can already produce the good you are interested in. Despite that only small changes to these existing products can be made, using existing product lines is cheaper and faster to set up than starting from scratch. Professional ODM manufacturers let you take part in...
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Jargon
08
Jul

Jargon: Learn about
Trade & Manufacturing Terms

International trading can pose many problems especially when it comes to the different ways business is carried out between countries. In business, you always want both parties to be on the same page to avoid any potential confusion. The World Trade Organization (WTO) has produced a list of the most commonly used international trade terms....
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chinese-business-culture
08
Jul

Chinese Business Culture:
Etiquette for Saving Face

All countries have their own unique way of going about business; China is no different, and the Chinese business culture can be vastly different than in Western countries. Through understanding the Chinese business culture, you will benefit from increased respect, better negotiation leverage and enjoy an all-round better experience doing business in China (some anecdotal insights)....
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