HK biz in PRD +/-, CH2: cost, market, utilities, law, customs, culture, IPR, import/export issues, labor cost, land cost, scale up production, exploit, domestic sales, asked by customers, cluster effect, closer to transportation hub, right mix of skills, tax incentives
HK as trading port, +/-, cost, law, skill, connections, government, finance, China as base, sourcing center, geographic center, insurance, SME.... space, competition, people
ports: sea and air
working in China, 18ys, no criminal records, job offer
ranking, GDP, goods
risks, service mindset, legal, customs, local vs central gov, infrastructure, standardization, small companies, IPR, ....
CH4: 12th five year plan
CH1: reasons: technology, WTO, deregulations in world trade, strong retailer, world is flat, market expansion, customer base, cost, consumer behavior changes, internet world, supply chain efficiency, effectiveness, customer service, reduce logistics costs, lower inventory, improve profitability, lower long distance costs
CH1: stages: export, license, JV, manufacture, FDI, sell in local market with adaption, licensing +/-, minimize risk, investment, speed of entry, higer ROI, circumvent trade barrier, lack full control create competitors, trade secrets and knowledges, limited license period
CH1: Porter 5 forces, internal rivalry, new entrant, substitute, buyers suppliers
CH8: 3PL: standard and add value services, e.g. Li&Fung, DHL...., consolidation, shipping, forwarding, local forwarding, customs clearance, copacking, repacking, product development, raw material sourcing, factory sourcing, manufacturing control, reverse supply chain, repair, recycle, back office works
inventory, transportation, warehousing, purchasing
reduce inventory, smaller frequent orders, use premium transportation, demand pull, eliminate slow moving stocks, reduce sku complexity, forecast accuracy, FIFO, simplify business process
lean, 7 wastes(muda), TIMWOOD : Transportation, inventory, Motion, Waiting, Over-processing, Over-production, Defect
military, speed, focus control, murphy's law, optimize not maximize, anticipate...
strategies: simplify, integrate, variance control, automate, standardize, multi-skill, concurrent work, ...
outsource, strategic, tactical, focus, world class capability, reengineering, risk, resources, cost, reduce internal conflict..., what to outsource, low tech, no IPR, long term relationship, non-core, many transactions...
cost benefit analysis, hard $ saving, soft $ saving, cost avoidance
financial, customer, peer, training
customer service, answer the phone, keep promise, positive attitude, courteous and knowledgeable, listen, something extra, complete record, follow up, checklist, take the extra steps
how to choose among them, cost, reliability, service, speed, security, rate, damages, frequency, loss...
buy, make, distribute... recycle, repair, plan, quality, customer service, warehouse, government relation, CSR, ....