Last year, I asked my good friend Andrew Hupert to explain what it takes to move manufacturing from China to Mexico, in large part by comparing the two countries. I chose Andrew for this near-Herculean task because he has spent so much time in both China and Mexico, navigating their manufacturing systems from the inside. My
Last year, I asked my good friend Andrew Hupert to explain what is involved in moving manufacturing from China to Mexico, in large part by comparing the two countries. I chose Andrew for this near-Herculean task because he has spent so much time in both China and Mexico, navigating their manufacturing systems from the inside.
A client yesterday emailed me an article he had saved since 2007 and in his email he remarked how “when it comes to dealing dealing with Chinese businesspeople nothing ever changes.” I am not so sure nothing changes, but I am sure that what this article describes about dealing with China has not changed much,
Mexico is about to be transformed into a major commercial & manufacturing center – but it’s not trying to be the “factory of the world” and it never will be. If you manufacture products for the US market (or supply companies that do), Mexico will play a bigger role in your business decisions. If you are in certain high-tech sectors, or rely heavily on OEM or contract manufacturing, Mexico may present more challenges than benefits
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It is a helluva lot easier and cheaper to avoid losing money than to recover money that has already been lost. Whether you use Alibaba or not, there are certain "rules" you should follow when sourcing products from China and those rules include (1) conducting due diligence on your potential supplier, (2) protecting your IP, and (3) having a good contract with your supplier. And yes, all of this applies no matter what the color star your supplier has on Alibaba.
Economist Magazine just came out with an article discussing what companies involved in China are doing these days with China, what they are thinking of doing in the future with China, and what they should do in the future with China. The article is entitled, Multinational firms are finding it hard to let go of
Foreign companies see China as increasingly risky and they are looking to move out or reduce their footprint there.
U.S. and European companies that manufacture in China are typically concerned about their Chinese factory or some local competitor stealing their design yet are far too relaxed about protecting their trademarks.
China is responding to its ongoing tension with the US and EU in some surprising ways – including setting up manufacturing and distribution hubs in Mexico and increasing its involvement in Latin America. What does this have to do with your business? More than you think.
