Learn How one Scammer Made Off with a Ton of Money + Tips for Effective PO’s + Why the Supplier won’t Accept the L/C

OCTOBER 2014   Sourcing Newsletter   In this month’s newsletter we take an insider’s look at how to get support drafting Purchase Orders + Advanced Sourcing Tutorials now have their own YouTube channel. Do you know where your underwear came from? You can learn a lot about the import-export business by tracing their journey from cotton…

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My order is late. Who is to blame?

Normally, we allow 6 weeks to deliver to Sydney on Sea Freight from the date of “Shipped on Board” in the B/L. If it takes some times more than 2 months, who is responsible for this delay ? Can we question the manufacturer who is also the shipper using their Freight forwarder, can we ask…

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7 items you probably forgot to put in your contract with the factory.

In your blog post “how to set up contracts with factories and service providers” you said: “Many buyers don’t ask about the contract and simply place a PO. Most PO’s don’t address issues like non-conformance, delivery issues, quality standards, confidentiality…and such.” I have ordered custom products and I want to own the tooling.  I’m concerned…

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Purchase Orders or Purchase Contracts?

AsiaBridge’s blog recently wrote at length the exact difference between purchase orders and purchase contracts.  What’s really the difference?  The difference is specifics.  Contracts tend to be more specific than a purchase order.  Purchase contracts you can constantly re-use, especially when it’s already bilingual, only thing to be careful of is the specifics you request…

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Can I get compensation for a missed delivery?

We were told the delivery of the shipment on our order was 30 days and it made 60 days. are we allowed any compensation, how can we claim it? of course the supplier is unwilling saying he is not the shipping company. our contract was clear buy and deliver from the supplier side.  I’m glad…

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Be Smart, not Sorry, when Drawing up Contracts.

This morning, I spoke with a client. He said he needs a simple supply contract to use for his sourcing business in China. I sent him a checklist, so that he can let me know what he expects the contract to specify. He replied that he needed quick advice, he can’t sit and write all…

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