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Since our update last week, the coronavirus situation has regrettably worsened. As of this morning, the number of confirmed cases in mainland China has increased to over 40,000 and the death toll has tragically risen to over 900 people. The Chinese government is currently taking significant steps to prevent the spread of the virus and is doing […]
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The global trade war has been a topic top of mind for nearly all manufacturers and product creators over the last few years, and the topic has started to affect their bottom lines more seriously. Ricardo Ortiz, Fictiv’s International Logistics Lead, joined Dragon Innovation’s VP of Strategic Planning Shawn Chang to answer questions about the […]
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Recent changes to tariffs on imports into the United States have started to hit supply chains worldwide. With the effects trickling down, companies are scrambling to find ways to ensure they limit the potential negative impacts on their bottom line profits. In April, General Electric started feeling the repercussions. CEO John Flannery estimated that the […]
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With international manufacturing and global trade playing such an important role in today’s product development world, it’s important to understand how logistics work in every part of the import and export processes. Aside from understanding incoterms and establishing them with your supplier, HS codes and HTS codes are the other big piece of the puzzle. […]
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In the global manufacturing world, logistics often prove to be the biggest hassle between a buyer and seller. Without a clear understanding of who organizes and covers what aspects of the transaction, it’s easy for responsibility to get muddy and for conflict to arise. That’s why the International Chamber of Commerce created a list of […]
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When it comes to manufacturing in China, there’s one idea that seems to dominate the conversation: relationships are everything. Success seems to revolve around your ability to build strong relationships with the right people who will introduce you to the right factories. Moreover, continued success depends on maintaining a strong relationship with that factory so […]
