Securing Your China Supply Chain (www.psschina.com) Part 3
April 32010
In a recent survey by purchasing managers, 3 out of 4 expressed concern over the lack of transparency in their China supply chains. Time, distance, language and cultural further complicate issues of Exclusivity, Non-Disclosure and IPR in many cases. As a result, questions such as “will my proprietary designs be respected”, “in educating our supplier, are we building a future competitor” and “how many sub-suppliers are being used” go unanswered.
This session will look at common pitfalls and best practices used in building a secure China supply chain. Mike Bellamy from PassageMaker (psschina.com) will offer practical and inexpensive strategies to utilize during both the supplier identification and production phases. A case study will also be presented.
Duration : 0:8:42
Bob Corcoran discusses GE’s supplier code of conduct, the audit process, and how easy it is to spread false reports.
http://www.WorldwideBrands.com – See Chris Malta’s ‘Wholesale Tips’ video series. In video tip 11, you’ll find out what MAP pricing is, and what it means to anyone selling on eBay, Amazon, Yahoo!, or their own ecommerce website. MAP is a popular term that wholesalers use frequently; to work with them, you need to speak their language. If you’re looking for wholesale products to sell online, you need to be able to easily communicate with ‘potential’ wholesale suppliers. That’s why it’s important to understand ‘wholesale’ jargon – so you can confidently approach any wholesalers or drop shippers you want to work with. Learn the industry terminology you need to know to easily communicate with potential suppliers and make the most of your wholesale relationships in ‘Wholesale Tips’ 11-20.
http://www.WorldwideBrands.com – See Chris Malta’s ‘Wholesale Tips’ video series. In video tip 13, you’ll find 
http://www.WorldwideBrands.com – See Chris Malta’s ‘Wholesale Tips’ video series. Video tip 12 will teach you what ‘MSRP’ stands for AND how it impacts your ‘ecommerce’ business. If you have an online retail or home business, you need to be able to effectively communicate with your wholesale suppliers and ‘potential’ wholesale suppliers. That’s how you make the most of your supplier relationships. You need to speak their language, which means understanding the ‘wholesale’ jargon and industry terminology they throw around. When you know what suppliers are saying, you can approach them with confidence. Learn the terms that you’ll frequently come across when you work with wholesalers and dropshippers, in ‘Wholesale Tips’ 11-20.
With today’s wealth of information from the Internet, trade shows and business directories, even the smallest of buyers can generate a list of potential suppliers in China. However, possession of a list is only the beginning of the Supplier Evaluation and Order Placement process. The secret to success lies in your ability to move from the ‘Request for Quotation’ phase to delivery, aided by the knowledge of how to select the right supplier from a large pool of potential suppliers; ensure that the quality of the goods produced meet your expectations; and protect your brand imagery and product design specifications. In other words, preventing suppliers from becoming competitors. In this session Mike Bellamy from PassageMaker (psschina.com) will look at common pitfalls and best practices, and offer strategies on how smaller companies can overcome these issues on a limited budget.
http://www.WorldwideBrands.com. See Chris Malta’s Top Ten ‘Wholesale Tips’. In video Tip 5, you’ll find out why your wholesale prices are sometimes higher than your competitions’. When this happens, you can’t sell products online for the same price and still have room to make a profit. This is a common challenge for anyone selling on eBay, Amazon, or Yahoo!, as well as for any small internet merchant. There are times when a home business simply can’t get wholesale products for the same price as the big chain stores – or even as other, bigger online merchants. But that DOESN’T mean that your small internet business can’t compete and win. Find out how wholesalers will set prices, how wholesale price breaks work, and how you can outsell your competition and still earn a profit in online selling.
In a recent survey by purchasing managers, 3 out of 4 expressed concern over the lack of transparency in their China supply chains. Time, distance, language and cultural further complicate issues of Exclusivity, Non-Disclosure and IPR in many cases. As a result, questions such as “will my proprietary designs be respected”, “in educating our supplier, are we building a future competitor” and “how many sub-suppliers are being used” go unanswered.
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