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S1E17 - The Business Side of Buying PPE from China
Manage episode 352549683 series 3081854
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We talk with long-time China veterans Cameron Johnson of Tidal Wave Solutions and Joel Gallo of Columbia China League Business Advisory on multiple real world cases of sourcing PPE product from China. On some of the potential pitfalls involved and best practices to reduce risk.
-Why do prices fluctuate so much and how much time do customers typically have to decide on a deal?
-How can a buyer find other ways to reduce total order costs (e.g. shipping and logistics) beyond price?
-How does payment work and how much must be paid upfront on orders?
-How to educate buyers who are inexperienced in buying PPE or buying anything from China?
-What kind of vetting and other due diligence can be done on manufacturers and trading companies that sell PPE?
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