Overseas manufacturing may involve several different types of suppliers, some of which include traders, importers, buying agents, wholesalers, and factories. Knowing the difference between the types of suppliers is crucial for choosing and engaging with the right fit for your line of business. Choosing a supplier can be challenging, especially...
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What is the best way to find a manufacturer for your product? Skip the hassle and outsource your manufacturing. Contract manufacturing (also known as outsource manufacturing or outsourcing) has many advantages, including elimination of overhead and reduced costs. Advantages of Contract Manufacturing Your manufacturer needs to have the research and...
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Diving into the world of sourcing? You might have seen the acronym ‘MOQ’ pop up every now and then. MOQ refers to Minimum Order Quantity, and it is what most manufacturers will institute so that you will commit to buying enough of a type of product to make it worth...
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