Trade

Coronavirus and … you?

If your supply of manufactured items includes China, the coronavirus is probably on your mind. Everyone with a pulse seems to have heard of and is concerned about the coronavirus. Originating in China, companies shut, vacations and holidays extended, and the exact number of those affected growing. Death rates are not clear, but we heard tonight maybe 10-12 deaths have occurred in the US. Is your supply chain affected? Airline schedules are postponing/cancelling flights to… Read More


It’s All About the Relationship

The May, 2016 Medical Product Outsourcing has a thought provoking article well worth highlighting.  This article explores the present blossoming community of collaborations and relationships between medical device OEM’s and their suppliers, and why this is occurring.  This newsletter summarizes several points from this article. Proficient Sourcing has some experience in this market, and medical device OEM’s have concerns in many ways similar to those of aerospace, automotive, pharma, and some DOD OEM’s.  The problem… Read More


What Proficient Sourcing Can Do For You!

Proficient Sourcing has had interesting projects lately that illustrate how we can help OEM’s looking for supplier candidates. Over the past year or so we have concentrated on providing great supplier candidates for equipment builders and machinery OEM’s, and below are 2 projects in our wheelhouse. Some time ago we were contacted by a European machinery company looking for a gantry milling source. This company was in the process of establishing an assembly plant in… Read More


The Real China: Read it and Weep

A friend sent us this piece by History Professor Victor Davis Hanson, and we think it’s good enough to pass along in its entirety. By: VICTOR DAVIS HANSON October 3, 2019 6:30 AM A man stands in front of riot police officers during a protest in the Sham Shui Po district of Hong Kong, China, October 1, 2019.(Athit Perawongmetha/Reuters)But did she wake up just in time or too late? In these times of near civil… Read More


Durable Goods and the US Economy

Last newsletter we wrote about the general state of the economy, which noted overall positive factors, but weakness in durable goods.  Since durable goods manufacturing is the area of our greatest interest, we thought we would probe further. Durable goods orders and the Institute for Supply Management’s PMI seemed like two appropriate measures for something as complex and inscrutable as economic forecasts.  We seek something useful that’s understandable by normal people. Since we’re looking at durable… Read More


Overcoming the Salesman’s Advantage

Professional Purchasing had this intriguing article, and we have several observations.  The position of the author is this:  “It is commonly accepted that, all other things being equal, a purchasing agent/buyer is at a disadvantage in negotiation with a salesman”. The relative size and sophistication of buying and selling sides of a situation can be anywhere on the entire scale, so there are doubtless circumstances where the article’s premise is correct.  We believe this would… Read More


5 Tips for Supplier Negotiations

There was an article in our files (source lost to history) that had these 5 thoughts about supplier negotiations. It’s worth repeating. Research the Actual Costs: “There’s no better position to be in when negotiating a price than to know what it cost the guy on the other side…. “. Proficient Sourcing is a large group of custom manufacturers, and buyers may not have experience in pricing the cost of operating sophisticated equipment, such as… Read More


A Reshoring Update

“According to the Reshoring Initiative..reshoring … .job announcements soared in 2017.  For the first 3 quarters of 2017, announcements were up 250 percent from 2016 YTD, representing a gain of nearly 180,000 manufacturing jobs.”  This was the headline of a recent article; you can find the link below. By in large, the trend to offshore manufacturing occurred because of the great gap in wage costs between the US and especially China.  This despite the principle… Read More


What’s a Good Deal in International Trade?

We claim no expertise in international trade, but found an interesting view on the subject in the July, 2015 Modern Metals worth re-issuing.  The author made several points about recent trade deals, and concludes, “the [Obama] administration’s claims about he pure benefits of TPP (Trans-Pacific Partnership) should be viewed with a great deal of skepticism. With Trump on the trade warpath, and especially concerning trade deficits, we were interested to hear some conservative note that the… Read More


China’s Strategic Challenge

Doing business in any foreign country presents many challenges. These are magnified when language and culture very from what you are used to.   Exporting manufacturing to China has brought great short term benefits and long term concerns. So when we found a brief summary of China’s culture and history in explanation of their strategic challenge to the US, we thought you would find this of value. A link to the complete article is at the… Read More


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