The American consumer market offers more choices of goods, often at competitive prices, than ever before. American consumers have access to a wide array of goods, such as clothing, electronics, furniture, and automobiles, both in retail stores and online. Where does this abundance of goods come from? The benefits of free trade agreements. However, delving […]
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Minimum Order Quantity [2023]
How to Unlock Manufacturing Success by Going Beyond MOQs: Keys to Effective Partnerships and Profitability A minimum order quantity (MOQ) is a term used in manufacturing that refers to the lowest number of units that must be purchased in a single order. It can be based on cost or volume and is used by manufacturers […]
Made in China: What Does It Mean to You? [2024]
Consumers took the “Made in China” label for granted: few questioned the quality and were often just attracted to the low price. The average consumer now scrutinizes what “Made in China” really means and asks: Is it really that cheap? What’s the quality like? And most importantly; Are the Chinese goods, despite their price, worth […]
China First: Wrong Reasons for the Decline of American Manufacturing
Editor’s note: The following is an updated version of an article published on the Shoreview Management Advisors website in January 2019. Trade Deficits and the Potential of Manufacturing Returning to the US Dominate Today’s Headlines Structural trade deficits are driving the headlines. With “America First” as the justification, the US has imposed steel and aluminum tariffs, and […]
IMMEX: Unlocking Unmatched Savings for Manufacturers [2023]
Manufacturing is a complex and competitive industry that constantly seeks ways to optimize costs, increase efficiency, and boost profitability. One of the strategies that has gained significant traction in recent years is IMMEX (Maquiladora Industry and Export Services) in Mexico. In this article, we will delve into the world of IMMEX and explore how it […]