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The Impending U.S.-China Trade War: Prediction, Analysis, and Strategies for Importers to Mitigate Tariff Increases

Vietnam sourcing

  Should your company be thinking about transitioning factory production in China to other, more favorable tariff countries like Vietnam? The economic rivalry between the United States and China has intensified, with trade disputes escalating into what many predict could be a prolonged trade war. The implications of higher tariffs on Chinese goods are far-reaching,…

Benefits of Contract Manufacturers for Crowdfund Startups

Benefits of Contract Manufacturers for Crowdfund Startups In the exhilarating world of crowdfunding, turning a brilliant idea into a tangible product is the ultimate goal. You’ve launched a campaign, attracted backers, and surpassed your funding goals. But now, a critical question looms: How do you transform this success into an actual product that meets expectations…

Original Equipment Manufacturer: How to Work with an OEM

OEM Vietnam sourcing

Original Equipment Manufacturer: How to Work with an OEM Is your business in need of a custom or part or series of parts in an assembly? Partial or completely custom consumer product? Perhaps your product could be made better if you just had one specific part or modification. An original equipment manufacturer (OEM) offers specialized…

Made in Taiwan Products: Manufacturing Guide for Businesses

Taiwan manufacturing sourcing product

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

OEM Vietnam sourcing

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

sourcing product from China manufacturing

  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…

Container Shipping Rates Guide [Updated 2023]

shipping containers

Container Shipping Rates Guide [Updated 2023] Monitoring trends in shipping rates is key for businesses across every industry. Knowing the developments in pricing changes, as well as forecasted trends for the seasons ahead, will help you plan accordingly for your organization. Review recent trends and general factors that can affect your shipping expenses across 2023….