by Insight Team | Feb 11, 2021 | Sourcing
China has carved out a niche as the world’s manufacturing powerhouse. According to UN statistics, it accounted for 28% of all global manufacturing output in 2018. The country attained this position by rapidly evolving its business ecosystem, offering low labor...
by Insight Team | Feb 3, 2021 | Logistics
If you’ve just ventured into international trade, then you’ve no doubt come across the acronyms FOB and CIF. Likely, you have already used one or the other in your initial transactions. Nevertheless, you may still not be entirely certain of the difference between them...
by Insight Team | Jan 20, 2021 | Sourcing
The coronavirus pandemic has accelerated e-commerce growth — it’s been forecasted that online sales grew by 32.4% in 2020. The types of products consumers are interested in have also shifted, with exercise bands, kayak accessories, kitchen furniture, and others seeing...
by Insight Team | Jan 7, 2021 | Product Inspections, Quality Control
When you’re managing product quality for a consumer brand, it’s important to have a robust quality control plan in place to ensure that your products are well-made, safe for consumers, and compliant with all regulations. Many importers include third-party product...
by Insight Team | Dec 28, 2020 | Regulatory Compliance
In the early 2000s, parents rarely paid attention to the potential health risks of store-bought toys and children’s products. Many were comfortable with purchasing these seemingly harmless items without even a second thought. Not after 2007! 2007 marks the year...