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requires immediate and effective solutions . CPG can provide clients with numerous approaches to choose from that can significantly mitigate their risk based on our years of experience working on the frontlines and dealing with thousands of mainland suppliers , coupled with our inherent understanding of the client ’ s vision and the local culture .”
Anticipate potential problems “ While many issues occur suddenly , many also provide warning signs that can alert you to a potential crisis before it happens . For example , if you know a supplier well enough , every abnormal or atypical reaction to a client request can betray the possibility that something might be amiss .
“ Furthermore , market signals and changes to government policies are always good indicators to buyers that they might need to make preemptive adjustments to their sourcing programmes . The better you know your supplier and the market , the earlier you can anticipate and prevent any potential risk .”
Supporting clients and China ’ s manufacturing sector Over the next year , CPG will launch the following initiatives to ensure they maintain the highest standards of service for clients .
The ongoing training of employees will include repeat training and assessment of valued sourcing procedures , alongside training on new technologies and data analysis platforms . Team members will also participate in industry seminars .
“ CPG participates in seminars related to our client ’ s industries , gathers and analyses market data , and writes quarterly market reports that are shared internally , and with our clients as requested ,” explains Li . “ This enables both CPG and our clients to understand the pulse of their industry and its trends , so we can adjust our sourcing goals and work accordingly .
52 June 2023