Suppliers Prioritize Relationshipbuilding Over Transactions

Suppliers Prioritize Relationshipbuilding Over Transactions

This paper explores how to become a more valuable customer in the eyes of suppliers. Through case studies, it identifies three key elements: abandoning arrogance, listening to suppliers, and paying invoices promptly. It also supplements these with strategies such as building long-term partnerships, sharing information, and collaborating on innovation. Furthermore, it touches upon different types of supplier relationships and the essential skills for procurement personnel. The aim is to help companies optimize their supply chains and achieve mutual benefit and win-win outcomes.

01/19/2026 Logistics Industry Insights
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China Eximbank Boosts Shipping Sector with Financial Innovation

China Eximbank Boosts Shipping Sector with Financial Innovation

The Export-Import Bank of China supports Mediterranean Shipping Company's procurement of Chinese shipping containers through export buyer's credit, deepening their cooperation. The bank's innovative "China Model" ship financing solution provides financial services for foreign shipowners ordering Chinese ships, promoting the export of high value-added containers and upgrading the shipping industry chain. This enhances the international competitiveness of Chinese manufacturing by facilitating the export of ships and containers.

09/26/2025 Logistics
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US Manufacturing Struggles With Tariffs Slowdown Supply Chains

US Manufacturing Struggles With Tariffs Slowdown Supply Chains

The US Manufacturing PMI continues to decline, with tariffs casting a long shadow. Businesses need to actively respond by diversifying procurement sources, improving efficiency, differentiating their products, and expanding domestic demand. Only by doing so can they seize opportunities amidst challenges and reshape their supply chains. The persistent downward trend in the PMI, coupled with the ongoing tariff pressures, necessitates proactive strategies for manufacturers to navigate the evolving economic landscape and ensure long-term resilience.

11/03/2025 Logistics Industry Insights
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Key Factors for Optimizing Warehouse Racking Efficiency

Key Factors for Optimizing Warehouse Racking Efficiency

Selecting the right warehouse racking is crucial for boosting warehouse efficiency. This guide provides a comprehensive overview of racking selection, covering ten key aspects: storage needs, space utilization, racking types, safety, budget, scalability, supplier selection, forklift compatibility, floor load capacity, and installation & maintenance. It aims to help you build an efficient and safe warehouse storage system by considering these factors carefully during the procurement process. This ensures optimal use of space and resources.

01/21/2026 Warehousing
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Aerospace Suppliers Push for Greater Diversity Amid Challenges

Aerospace Suppliers Push for Greater Diversity Amid Challenges

Diverse procurement in aerospace manufacturing faces challenges like high entry barriers, information asymmetry, and internal awareness gaps. To break down these barriers, it's crucial to define clear diversity goals, strengthen team building, simplify entry processes, provide capacity building, establish a fair environment, and advocate for cultural change. Emphasis should be placed on supplier capabilities rather than solely focusing on diverse identities to ensure a robust and competitive supply chain within the aerospace sector.

01/19/2026 Logistics Industry Insights
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Postal Reform Act Aims to Transform US Logistics Sector

Postal Reform Act Aims to Transform US Logistics Sector

The US Postal Service Reform Act aims to improve USPS's financial standing by relieving retirement benefit burdens, integrating healthcare, ensuring six-day delivery, and strengthening accountability. This act is crucial to USPS's 'Delivering for America' ten-year strategic plan. However, experts caution that the reform isn't a panacea, with challenges remaining in electric vehicle procurement, mail speed, and market competition. USPS needs continuous innovation and adaptation to market changes to achieve sustainable development.

01/15/2026 Logistics Industry Insights
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Global Platform Boosts Efficiency in Freight Logistics

Global Platform Boosts Efficiency in Freight Logistics

The GTM platform accelerates international freight and enhances supply chain efficiency. The supplier portal optimizes compliance and procurement processes. Four key elements build a resilient global supply chain. This combination streamlines operations, reduces risks, and improves overall supply chain performance in the face of global challenges. The platform fosters better supplier collaboration, enabling greater visibility and control throughout the entire trade process. Ultimately, this leads to improved responsiveness and adaptability in a dynamic global marketplace.

01/20/2026 Logistics Industry Insights
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Hefei to Host 2026 International Soybean Expo

Hefei to Host 2026 International Soybean Expo

The 2026 Hefei International Soybean Industry Expo (SPEE), China's largest annual event for the entire soybean product industry chain, will gather global attention. As a one-stop procurement platform covering raw materials, processing equipment, technology, warehousing, and transportation for soybean food production, the expo will also feature new technology releases and professional forums. SPEE aims to promote the development of China's soybean industry and ensure the security of the national supply of high-quality protein.

01/23/2026 Logistics Industry Insights
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Certificate Of Agency Export Goods Explained

Certificate Of Agency Export Goods Explained

This article discusses the importance of agency certification for exported goods and the requirements for issuing it. Companies that entrust exports must apply for this certification within a specified timeframe and provide relevant documentation. The application process differs for market procurement trade and integrated service enterprises. In special circumstances, companies can still process tax rebates after gathering the necessary vouchers, even if they did not apply on time. Understanding these policies aids businesses in successfully engaging in international trade.

07/22/2025 Logistics Encyclopedia
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US Tariff Hikes Challenge Crossborder Ecommerce Firms

US Tariff Hikes Challenge Crossborder Ecommerce Firms

The General Administration of Customs released detailed rules for imposing an 84% tariff on imported goods from the United States, posing significant challenges to cross-border e-commerce and foreign trade enterprises. Companies need to urgently review their supply chains, actively apply for 'goods in transit' exemptions, diversify procurement channels, increase product added value, optimize operational strategies, and actively communicate with the government to build a more resilient global supply chain and turn crisis into opportunity.

04/10/2025 Customs Knowledge
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