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Being safe is risky: How China Sourcing helps manage risk.
- February 28, 2011
- Posted by: Gary Young
- Categories: China Sourcing, China Sourcing - Blog
No CommentsOn the surface, China Sourcing sounds risky. Working half way around the world, with a completely different culture and system, with a very difficult language sets off flags in many a CEOs mind. But we all know that if you are stagnant and not expanding you are at risk in todays business environment. We also know that China in not only the quality manufacturer to the world, but now the second largest market. So where is China in your business plan? I said it before; China is either a place to cut your manufacturing or distribution cost, an emerging market or a direct competitor. Sometimes all three.
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A break from China Sourcing
- December 22, 2010
- Posted by: Gary Young
- Categories: China Sourcing, China Sourcing - Blog
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Transparency and the Why in my China Sourcing Business
- September 7, 2010
- Posted by: Gary Young
- Categories: China Sourcing, China Sourcing - Blog
So what does business transparency have to do with Sourcing in China? I will get to that in a minute, but let me set the stage.
As the transparency movement drives businesses to be more open about their products and services, it is becoming routine to expect full disclosure on the who, what, when, where and how our products and services offered. It has gone way beyond “features and benefits”, and now with instant tools like FaceBook and Twitter just to name a few, we are at the instantaneous mercy of the fingertips of our customers.
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Sourcing my Breakfast in China.
- August 8, 2010
- Posted by: Gary Young
- Categories: China Sourcing, China Sourcing - Blog
Instead of talking strictly about sourcing products and services in China, lets talk breakfast. I usually make 4-5 sourcing trips to China each year that can last 2-4 weeks each, depending on the nature of that particular trip. … I penetrate the crowd and let their energy whisk me along toward my breakfast street vendor rendezvous. Hundreds of smiles, strange looks and a mile later, I’m in line. Finally it is my turn as I watch my breakfast being created.
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A Ship in Port is Safe vs China Sourcing
- July 23, 2010
- Posted by: Gary Young
- Categories: China Sourcing, China Sourcing - Blog
“A ship in port is safe, but that is not what ships are built for. Sail out to sea and do new things.” – Admiral Grace Hopper:
Are you setting sail or looking for safe harbor?
It reminded me about the reason I got into sourcing in China, but more importantly it relates to todays economy and what CEOs are planning to deal with this uncertain future. Many are setting out to sea and chartering courses to places like China, India, Mexico and Brazil. -
Feet on the Ground in China
- May 26, 2010
- Posted by: Gary Young
- Categories: China Sourcing, China Sourcing - Blog
But as it relates to sourcing products and services in China, our meaning is a bit more literal. We have feet on the ground. We have people in China. We have an established presence. This does not mean “I know a guy” or “we have contacts” in China. So what are the advantages of feet on the ground? Here are just five.
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So how did I get started in China?
- March 10, 2010
- Posted by: Gary Young
- Categories: China Sourcing, China Sourcing - Blog
It was intoxicating. And like a flash, I had a vision of converting Avela Corporation from advertising to sourcing products and services in China.
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