Today’s Question: What are the meanings of OEM and ODM? OEM stands for Original Equipment Manufacturer. For example, you hire a factory in China to make products to your spec under your brand name. ODM stands for Original Designed Manufacturer. For example, the factory R&D department comes up with a design on their own, but…

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China Sourcing Information Center - with Mike Bellamy

The Q&A below is with a buyer of Yoga Mats. But the discussion is applicable to just about any sourcing project in China.   Where do we find out the actual manufacturers of spiked yoga mats as these appear to be brokers/agents? We have contacted the manufacturers of spiked yoga and exercise balls to ask…

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My supplier in China insists on having payments for ordered goods as follows: 10% T/T + 90% L/C while my home bank asked me to insist on paying for ordered goods by 100% L/C. My Chinese suppliers turned down payments by 100% L/C and I cancelled the order. Why do you think my Chinese suppliers…

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