David has been in the contract manufacturing business for the last 15 years. This great video with our partner, Tracy Hazzard, highlights how we are turn-key with supply chain management and product development. Great overview of who we are and what we do!
When dealing with overseas manufacturing, you will encounter the following players: trading companies/importers, buying agents, sourcing agents, representatives, wholesalers and factories.
Let us dive into the different types of suppliers and what differentiates them:
1. Trading Companies/Importers
There are two types of trading companies: the low value-added versus the high value-added trading companies. They typically make money by adding a margin to the cost of the actual production costs, and usually deal with a wider array of product categories. Trading companies have local China offices with a team of project managers that can be helpful depending on the complexity of your product. In addition, they may have great relationships with factories and help with communication in Chinese.
Continue reading Types of “Manufacturers” in China
Stealtho is an example of how a successful Kickstarter campaign can be if you do it right. Stealtho fixed a typical caster wheel by using elastic polyurethane. This material is exceptionally quiet as it moves. This inspiration came from looking at other options in the market, but most importantly, they took the concept and dived deeper into market and consumer research. This led to Stealtho convincing their investors that they reinvented the wheel. It’s the perfect example of an everyday product getting a powerful overhaul! Written by: Wanda Thibodeaux, Copywriter, TakingDictation.com Continue reading This Company Just Got 824 Percent Past Its Kickstarter Goal to Redesign This Basic Product
When it comes to choosing the best overseas manufacturer in Asia, two of the most common places for manufacturing are India and China. Both countries have very dynamic manufacturing capabilities and unique economic landscapes with proven skills, strengths and weaknesses that make both countries viable choices. However, it is imperative to weigh your choices carefully by considering specific external factors that will have an impact on your supply chain.
First, let’s review the economic landscape in India and China followed by five key factors that influence manufacturing in these two countries. Continue reading Manufacturing Consumer Goods in India vs. China
We are once again at the busiest time of the year for us (December-January), when our clients and potential clients speed up their decision making due to the approaching Chinese New Year holiday. Some even panic when they ask us the dates and realize it’s just around the corner… so we thought we’d write an article about why is it a stress factor and what really happens during Chinese New Year and how to cruise through it without too much disruption in your supply chain.
What is Chinese New Year?
“Chinese New Year (CNY)”, or “Spring Festival” is considered the Thanksgiving or Diwali of China only on a much larger scale. Continue reading How does the Chinese New Year impact Manufacturing?
China represents a $250 billion market for US companies today, according to estimates of the U.S.-China Business Council. McKinsey & Company estimates that 76% of China’s urban population (550 million people) will be considered middle class by 2022 making it the 3rd-most populous country in the world with more than 160 cities with populations of at least 1 million.
Additionally, the e-commerce opportunity should not be missed with Chinese consumers buying $589.61 billion (+33.3% from 2014) worth of goods, according to the National Bureau of Statistics in China, compared to only $341.70 billion spent online in the US in 2015. The same year, China’s 500 largest e-retailers grew their combined online sales by 60% to $198 billion. Continue reading Distributing your Brand in China
The price of paper and wood pulp on the global market has been on the rise for the last few years, which in turn is causing an increase in the cost of packaging for many businesses in China. But, why are paper and pulp prices rising?
One reason for the rising prices is an increase in e-commerce activity, which has accelerated the need for cardboard boxes. Another reason for the hike in paper prices is that toward the end of 2013, the Chinese government began its air, water and soil pollution prevention plans. Continue reading China sourcing: Pulp-based Packaging Price Status & Outlook
We are now seeing how the advent of 3D printing, or additive layer manufacturing, is changing the way things are produced. In 3D printing, computer designs of an object are sliced up into hundreds of horizontal layers, which are then printed on top of each other from bottom up to form the final product. The possibilities are limitless – in fact, researchers have experimented with printing edibles and even living muscle tissue.
A brand can grab our attention with creative copywriting or witty advertising, but we will only stick around for the long haul if it’s dependable, and when our expectations are reliably and consistently met.
Visual perception occupies the largest area of the human brain, and the world’s most valuable brands innovate successfully with new products that are designed to capture consumer’s imaginations. Apple, the most valuable brand in the world, is one of the unique companies that leads the market through its innovative designs.
Continue reading Product design needs to stay on message