Sure, it's only the middle of September and you're probably more thinking more about your fantasy football team than a Chinese holiday that doesn't even take place until January 25 of NEXT year, but put down your Yahoo Sports app for just a minute and do your company a favor by downloading our Chinese New Year Guide: 2020.
Are you looking for ways to reduce costs, streamline ordering and ensure that you never run out of product? Uh... Is this a trick question? Of course you are!
One tried and true solution could be adopting Vendor-Managed Inventory (VMI), an arrangement between your company and your supplier to automatically replenish stock.
It's a simple...
There's a lot of talk about tariffs and trade wars and what affect they MAY have on the global economy. Those things are incredibly important, of course. At the same time, if someone knew something was CERTAIN to affect their business and did nothing to prepare for it, they'd be considered incompetent, wouldn't they?
If you're a regular blog reader you might have read the title and said, "It's TOO EARLY to start reading about planning for Chinese New Year!" And you're sort of right.
It's true you don't have to get your orders in for Chinese New Year (CNY). That would be overkill. But it's not too early to look at the calendar and strategize about how to...
Chinese New Year 2017 is on January 28th. Time to start planning!
Wait a minute, you say. It's only September, you say.
We know, we know. But this is a big deal, and if you're going to escape CNY unscathed, you need to start preparing now. We can feel you comparing us to those folks who hang their Christmas decorations before the leaves change...