42 Rules for Sourcing and Manufacturing in China (2nd Edition)

42 Rules for Sourcing and Manufacturing in China (2nd Edition) PDF

Author: Rosemary Coates

Publisher: Happy About

Published: 2013-07

Total Pages: 133

ISBN-13: 1607730979

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Doing business in China is tougher than you think. Not only is the culture vastly different, but China's experience in manufacturing is still developing. It will be a few years before the majority of manufacturers are up to world standards. In the meantime, quality, contract laws, schedules and logistics must be closely monitored. As a result, the things Westerners must do to be successful are far different from dealing with American or European manufacturers. The best way to quickly come up to speed on these differences and how to handle them is to learn from the experience of others. Through over 20 extraordinary executive interviews, Rosemary Coates captured the essence of sourcing and manufacturing in China. '42 Rules for Sourcing and Manufacturing in China (2nd Edition)' is a pragmatic approach that every businessperson headed to China must read. For business people who are experienced in doing business in China, or for first-time visitors, this book will provide valuable insights from real executives and experts. These executives offer their personal experiences and recommendations about sourcing and manufacturing in China. Going beyond simple cultural do's and don'ts, you will discover: how business is really done how you can make things happen in China the mistake westerners often make, and how to avoid them what made these executives successful Based on her 25 years of supply chain experience, much of it spent living and working across Asia, Rosemary Coates has become an expert on doing business in China. Her own personal experiences in China are interwoven into this book.

Winning in China

Winning in China PDF

Author: Lele Sang

Publisher: University of Pennsylvania Press

Published: 2021-01-19

Total Pages: 191

ISBN-13: 1613631073

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If Amazon can't win in China, can anyone? When Amazon CEO Jeff Bezos visited China in 2007, he expected that one day soon China would be a double-digit percentage of Amazon's sales. Yet, by 2019, Amazon, the most powerful and successful ecommerce company in the world, had quit China. In Winning in China: 8 Stories of Success and Failure in the World's Largest Economy, Wharton experts Lele Sang and Karl Ulrich explore the success and failure of several well-known companies, including Hyundai, LinkedIn, Sequoia Capital, and InMobi, as more and more businesses look to reap profits from the demand of 1.4 billion people. Sang, Global Fellow at the Wharton School of the University of Pennsylvania, and Ulrich, Vice Dean of Entrepreneurship and Innovation at the Wharton School, answer four critical questions: Which factors explain the success (or failure) of foreign companies entering China?What challenges and pitfalls can a company entering China expect to encounter? How can a prospective entrant realistically assess its chances? Which managerial decisions are critical, and which approaches are most effective? Sang and Ulrich answer these questions by examining the stories of eight well-known and respected companies that have entered China. They study: How Norwegian Cruise Line's entry into China displays how cultural differences can boost or sink different companies; How Intel, one of the oldest, most respected firms in Silicon Valley, thrived in a country that seems to favor agile upstarts; How Zegna, the Italian luxury brand, has emerged as another surprising success story and how it plans to navigate new headwinds from the COVID-19 pandemic.Through these engaging and illuminating stories, Sang and Ulrich offer a framework and path for organizations looking for a way to successfully enter the world's largest economy. History can be a teacher, and China, a country with 3,500 years of written history, has much to teach.

Global Manufacturing And Secondary Innovation In China: Latecomer's Advantages

Global Manufacturing And Secondary Innovation In China: Latecomer's Advantages PDF

Author: Xiaobo Wu

Publisher: World Scientific

Published: 2020-12-17

Total Pages: 305

ISBN-13: 9811224803

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Innovation studies have long been confined to the theoretical system established by the scholars of developed countries in the West. It is difficult to use these studies to understand the real nature and law of technological innovation in developing countries. This book, in an innovative manner, studies the theoretical system of secondary innovation, and reveals the evolution law and dynamic innovation mode of the activities carried out by technologically backward countries. It does so by laying an important foundation for the development of management science theory on the basis of the standpoint and characteristics of developing countries.

China as the World Factory

China as the World Factory PDF

Author: Kevin H. Zhang

Publisher: Routledge

Published: 2006-09-27

Total Pages: 384

ISBN-13: 1135992894

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Few countries have integrated into the world economy as fast – or as dramatically – as China has since 1978. The world’s most populous country is emerging as a world workshop and export machine: a visit to a department store in any country will unearth a plethora of goods manufactured in the People’s Republic. China is now the world’s fourth largest exporting nation. In this important book, Kevin Zhang brings together an international team of contributors to analyze this development process. Taking a thematic approach, the book covers: * manufacturing exports and the world workshop * foreign capital and china’s industrial development * challenges from the WTO and openness. This topical analysis will be an excellent resource for postgraduate students and researchers in the fields of Asian and Chinese studies, export studies, and economics.

Fortune Makers

Fortune Makers PDF

Author: Michael Useem

Publisher: PublicAffairs

Published: 2017-03-14

Total Pages: 288

ISBN-13: 1610396596

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Fortune Makers analyzes and brings to light the distinctive practices of business leaders who are the future of the Chinese economy. These leaders oversee not the old state-owned enterprises, but private companies that have had to invent their way forward out of the wreckage of an economy in tatters following the Cultural Revolution. Outside of brand names such as Alibaba and Lenovo, little is known, even by the Chinese themselves, about the people present at the creation of these innovative businesses. Fortune Makers provides sharp insights into their unique styles--a distinctive blend of the entrepreneur, the street fighter, and practices developed by the Communist Party--and their distinctive ways of leading and managing their organizations that are unlike anything the West is familiar with. When Peter Drucker published Concept of the Corporation in 1946, he revealed what made large American corporations tick. Similarly, when Japanese companies emerged as a global force in the 1980s, insightful analysts explained the practices that brought Japan's economy out of the ashes--and what managers elsewhere could learn to compete with them. Now, based on unprecedented access, Fortune Makers allows business leaders in the United States and the rest of the West to understand the essential character and style of Chinese corporate life and its dominant players, whose businesses are the foundation of the domestic Chinese market and are now making their mark globally.

Industrial Shift: The Structure of the New World Economy

Industrial Shift: The Structure of the New World Economy PDF

Author: J. Atikian

Publisher: Springer

Published: 2013-05-02

Total Pages: 147

ISBN-13: 1137340312

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In a turbulent global economy, the popular idea of declining farms and factories is largely unfounded. UN and World Bank data show growing output everywhere, but it remains hidden by the faster-growing service sector. Engineers, programmers, surgeons, and pilots make up an increasing share of what is actually the service sector, showing that this sector is not in decline. There is no doubt that industries are shifting, but how does it all add up? Quantifying these technology-driven shifts is fundamental, yet such publication has lagged for years, with stale ideas about what makes a healthy economy persisting since the 1940s. In this new work, Atikian gives us a freshly updated overview countering our tired assumptions about off-shoring, low wages, and industrial decline and providing us with...some fact based confidence in the economy.

Walmart in China

Walmart in China PDF

Author: Anita Chan

Publisher: Cornell University Press

Published: 2011-11-15

Total Pages: 305

ISBN-13: 0801462681

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Walmart and "Made in China" are practically synonymous; Walmart imports some 70 percent of its merchandise from China. Walmart is now also rapidly becoming a major retail presence there, with close to two hundred Walmarts in more than a hundred Chinese cities. What happens when the world's biggest retailer and the world's biggest country do business with each other? In this book, a group of thirteen experts from several disciplines examine the symbiotic but strained relationship between these giants. The book shows how Walmart began cutting costs by bypassing its American suppliers and sourcing directly from Asia and how Walmart's sheer size has trumped all other multinationals in squeezing procurement prices and, as a by-product, driving down Chinese workers’ wages. China is also an inviting frontier for Walmart’s global superstore expansion. As China's middle class grows, the chain's Western image and affordable goods have become popular. Walmart's Arkansas headquarters exports to the Chinese stores a unique corporate culture and management ideology, which oddly enough are reminiscent of Mao-era Chinese techniques for promoting loyalty. Three chapters separately detail the lives of a Walmart store manager, a lower-level store supervisor, and a cashier. Another chapter focuses on employees' wages, "voluntary" overtime, and the stores' strict labor discipline. In 2006, the official Chinese trade union targeted Walmart, which is antilabor in its home country, and succeeded in setting up union branches in all the stores. Walmart in China reveals the surprising outcome.