“The good news is there are competent firms in place to assist in your project management initiatives.”
As companies weigh the pros and cons of working directly with a factory vs. dealing through an agent for their China sourcing needs there are many points to consider. Top 10 Pros and Cons 1. The scale or dollar volume purchased annually. (I published an article in M&A Magazine which argued it requires $40-$50MM in […]
Anything is possible in China but nothing is easy” is a quotation found on the Baysource web site www.baysourceglobal.com . Many companies go it alone when embarking on an outsourcing project for the first time. Commonly, purchasing personnel will rely on web and email correspondence when initiating a sourcing project in China. Small and mid […]
In our four part series dedicated to new product developers, innovators and inventors, we explore the 8 top considerations when developing a new product. So far we have covered: Product Development Costs Distribution Channels Inventory and Startup Financing Capital Educating the Masses How will you announce the arrival of your new product to the world? […]
In our 4 part series dedicated to new product developers, innovators and inventors, we explore the 8 top considerations when developing a new product. Whether a seasoned marketing professional or first timer, these eight critical components include aspects related to product design, positioning, manufacturing, distribution and financing. What You’ll Need to Start: Ample Capital Beyond […]
Many have asked me what it’s like doing business in China. I’ve always said that if you are doing it by yourself it can be as dangerous as swimming with croccodiles. I finally came across a photo that captured the essence of this concept.