A manufacturer does not build every part and component of the end-product in their factory. They use components and machines created by other manufacturers in their production processes. OEMs or original equipment manufacturers produce parts and equipment used by...
In September, China’s coal imports increased by 76% as power plants searched for fuel to alleviate a power shortage that has pushed domestic coal prices to record highs and disrupted corporate activity in the world’s second-largest economy. The supply...
Many regions of China have implemented a power-saving policy from now until the end of 2021. As a result, factories within restricted areas will be impacted in some way. China gets two-thirds of its electricity from coal, which Beijing is attempting to reduce to...
Whether you lean left or right, most economic experts believe that the US-China manufacturing and trade conflict has just begun. As more production started to shift towards china, the manufacturing conflict was bound to escalate. The new metrics reveal that a low...
The traditional offshore sites such as China, Eastern Europe, and India are not as advantageous as you would expect. However, increased manufacturing costs propel companies to opt for traditional offshoring. But the recent plunge in the cost of ownership in these...
It is no secret that Amazon continues to disrupt the most niche and technical markets through the AmazonSupply platform. The dedicated site offers a wide range of components and supplies to industrial, commercial, scientific, and business customers. However, the...