Minimum Order Quantity (MOQ): How It’s Used When placing orders with product suppliers, businesses need to know the quantity of what they need. Many product sourcing companies set a minimum order quantity (MOQ) that ensures the supplier is also profiting enough off of the products manufactured. While the product supplier needs to benefit off of…
Learn how to source reliable factories in Asia with expert guidance from IPS. Explore best practices for supplier vetting, IP protection, and product development management across China, Vietnam, Cambodia and Taiwan. Our Factory Sourcing series helps brands confidently navigate overseas manufacturing and build trusted partnerships for long-term success.
How to Find a Manufacturer to Make Your Product
How to Find a Manufacturer to Make Your Product You have a new product idea that you think would be a profitable addition to your existing or new business. Now what? Most startup, small, and local businesses do not have the means and operations to take product manufacturing in-house. The next step is to find…
Made in Taiwan Products: Manufacturing Guide for Businesses
Made in Taiwan Products: Manufacturing Guide for Businesses The United States has a strong relationship with Taiwan when it comes to manufacturing. In recent years, it continues to grow as a leading manufacturing country. For 2024, Taiwan’s manufacturing market is expected to grow at a rate of 2.32% with a projected $205.30 billion in USD….
Vietnam Products: The Benefits of Outsourced Manufacturing
Vietnam Products: The Benefits of Outsourced Manufacturing Trade relations between Vietnam and the U.S. have strengthened immensely in recent years. In 2022, U.S. imports from Vietnam increased 25.1% year over year. Highly skilled labor at a low cost is one of the many reasons why IPS has turned to Vietnam for manufacturing facilities to design…
Pros and Cons of Manufacturing in China
Pros and Cons of Manufacturing in China Manufacturing in China has long been a strategic choice for businesses looking to optimize production costs and scale operations efficiently. The country’s vast manufacturing infrastructure and skilled labor force make it a global leader in various industries. However, outsourcing production to China comes with both advantages and…
Pitfalls of Alibaba for Sourcing Product
Pitfalls of Alibaba for Sourcing Product Buyer Beware! In an increasingly globalized marketplace, businesses often turn to online platforms like Alibaba to connect with manufacturers and import products from overseas. Alibaba, one of the world’s largest e-commerce platforms, has gained popularity due to its extensive network of suppliers and competitive pricing. However, there are…