Shenzhen is the epicenter for electronic manufacturing. Here, you can find suppliers for everything from power banks to VR headsets. The ecosystem is also very open. Even the smallest startup will find suppliers that are interested in working with them. Yet, understanding how to practically go from a Bill of Materials (BoM), to a finished...
While working on new products, companies must invest in performance testing to ensure that goods are reliable, sustain integrity and don’t cause harm. In the development stages, buyers should utilize the relationship with their suppliers to conduct early on product testing to mitigate risk and increase production success. Suppliers are an excellent resource of knowledge...
As global sourcing has become an important part of international business and increased in the number of international companies who source products from China on daily basis, also face the issues in verification of supplier’s. In Victure (www.victuregroup.com), we help international companies verified corporate certificate, address, company details with local officials to avoid scams (document...
People are very much aware that due to Chinese New Year celebration there is a slow down in supply chain services and shipments, because at this time of the year for most blue-collar employees, this is even the only chance of the whole year to meet their kids & parents and celebrate the Chinese New...
Don’t you know what to do after Canton Fair or Trade Fair? Meet us (Victure group) after the Trade Fair. Certainly attending trade fairs is a great experience, however it happens once the whole show ends? We stay with dozens of business cards and catalogues, sometimes there are so many that we should even send...
The Coronavirus in China continues to worsen and spread. The number of confirmed cases reached to nearly 12000 worldwide, due to which public transportation of many cities have been closed to minimize the inter-personal affection. As the virus spread continues to spread throughout China and across borders, it’s hitting businesses around the world. Unfortunately, in control...
An Introduction to “Scope 3” Emissions ABSTRACT You probably have heard that many countries have signed the Paris Climate Agreement, and have pledged to become Carbon Neutral by 2050, but do you know what means? Do you know that leadership and innovation from business are vital elements for meeting the Carbon Neutrality goals of those...
As we at Victure Industrial Co. have expanded our business, we have reviewed opportunities with many new potential customers. In this process, we have encountered a large number of small businesses who have great product concepts, and great marketing plans, but insufficient knowledge of how to create and manage the supply chains that they need...
What do the following companies / brands all have in common? Lenovo Haier Huawei Hisense Alibaba Tencent Xiaomi ZTE Anker DJI The answer is that they all originated in and continue to be based in China. They are also all now “global” entities that are successful in many different markets / countries outside of...
Let’s start this discussion with some definition of terms according to the American Society for Quality (“ASQ”): “Inspection”: A verification activity. For example, measuring, examining, testing and gauging one or more characteristics of a product or service and comparing the results with specified requirements to determine whether conformity is achieved for each characteristic. “Quality”: a subjective term...
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