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The Trump Effect: What the New Administration Means for China Sourcing and Supply Chains

Americans and the global community alike are paying close attention to the news coming out of Washington DC as a very populist Trump administration kicks into high gear. Sweeping changes are already taking place across domestic and international policies. Although it’s still too early to understand what the Trump presidency will fully entail, the new […]

Top Downfalls in Product Development that Delay Project Launches

Project delays result in lost revenues and higher costs. Managed proactively potentially big disasters can be avoided.  As projects reach final stages of completion, it’s important to understand that an error or lack of necessary product modifications in the early phases of development can become detrimental to a company’s bottom line.   Here are the […]

How to Launch a New Product in Half the Time While Doubling Sales in the First Year

As the internet and technology continue to disrupt and consolidate global supply chains, an increasing amount of small business owners take a ‘factory-direct’ strategy, meeting and working with overseas suppliers to curb third-party overhead costs. On the surface, this strategy may appear to present a cost savings advantage, but closer inspection reveals another story. More […]

Turning Product Ideas into Reality: The Product Development Process

      From idea generation to a finished product ready for sale – the product development process is the journey in which every successful product undergoes to become a tangible reality with opportunity for monetization. A series of steps, this cycle includes conceptualization, design, development and marketing of new or rebranded goods. By understanding […]

Dramatic Bottom Line Reduction

There is one reason and one reason only that decision makers elect to have products manufactured in China and that is cost savings.  Assuming that manufactured costs are lower in China due to labor savings, there are many other cost levers to consider when manufacturing offshore in China. Here are the top five: 1.  Freight […]

Selling Ice to Eskimos and Chopsticks to the Chinese

We’ve all heard the term “he could sell ice to Eskimos” to describe the consummate salesman who is able to convince someone to buy something for which they either have little need or likely have ample supply on hand.  Or perhaps we’ve heard “he could sell them the shoes off their feet.”  In either case […]