Process trumps relationships

An excellent read here:

Process trumps relationships

The article talks about how for years, we always assumed that relationships with the factory is the most important element in a good sourcing experience. They argued that, instead, having the right process in place before approaching a factory is much more important.

They argue that, instead, having the right process in place before approaching a factory is much more important. The process should be the constant variable in all relationships with Chinese factories. 

3DR Solo Drone is amazing

3DR is showing off their latest throne. It’s amazing to see it fly so effortlessly. Apparently, it comes out of the box ready to fly. You’ll need to add a gimbal and a GoPro camera to get full use as an ariel photo system. 

Read more about it here. 

Chinese manufacturing rebounding?

It seems that some of the stimulus programs instituted by the Chinese government may be working. An important measure of manufacturing activity is the Purchasing Manager’s Index (PMI) and that has increased in March. Some have warned, however, that there continues to be downward pressure on the Chinese economy as a whole.

http://www.bloomberg.com/news/articles/2015-04-01/chinese-manufacturing-gauge-rebounds-in-march-after-stimulus

Meld helps you quickly upgrade your cooking skills

FES has helped a lot of companies bring new and exciting products to market. So, when we see exciting ideas or products, we have to give them a shout out.

Check out this amazing and ambitious KickStarter campaign. Their device retrofits existing cook tops to help aspiring chefs have absolute control over cooking temperature. It is very cool stuff.

http://www.fastcompany.com/3044700/meld-turns-up-the-heat-in-the-smart-kitchen#7

3D Systems creates 3D Systems China

This is a company that we admire greatly. 3D Systems just announced acquisition of Easyway Design and Manufacture Co. in China and has formed 3D Systems in China.

Relevant quote: “The acquisition provides 3DS with a strong platform to scale its in-country Quickparts custom manufacturing operations and multiplexes its 3D printing reseller coverage.”

http://www.marketwatch.com/story/3d-systems-acquires-leading-chinese-3d-printing-sales-and-service-provider-expanding-its-regional-presence-2015-04-06

FES customer Luminex to begin clinical trials on ARIES®

Congrats to the Luminex team for getting to clinical trials. Anyone in this industry knows how difficult this journey can be.

We’ve been fortunate enough to be able to help Luminex along the way by tooling and manufacturing the skins for these products. It’s a beautiful machine.

http://www.prnewswire.com/news-releases/luminex-corporation-begins-clinical-trials-for-aries-system-and-aries-hsv-12-assay-300057778.html?utm_campaign=2015-ARIES-Social&utm_content=13491878&utm_medium=social&utm_source=linkedin

China reducing red tape in global trade

China has pledged to make it easier for Chinese firms to boost growth overseas. They plan to remove on reasonable restrictions or costs that are holding back investments overseas.

They plan to remove unreasonable restrictions or costs that are holding back investments overseas.

I think this is absolutely necessary to prevent or at least slow down the seemingly inevitable economic downturn. Plus, we have seen Chinese companies get better and better at competing worldwide.

http://www.businessinsider.com.au/r-chinese-premier-pledges-support-for-firms-to-charge-out-into-the-world-2015-4