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Become a PLUS+ subscriber and you'll get access to all Supply Chain Management Review premium content including:

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Become a PLUS+ subscriber and you'll get access to all Supply Chain Management Review premium content including:

  • Full Web Access. All feature articles, bonus reports and industry research through scmr.com.

  • 7 Magazine Issues per year of Supply Chain Management Review magazine.

  • Companion Digital Editions. Searchable replicas of each magazine issue. Read them in any web browser. Delivered by email faster than printed issues.

  • Digital Editions Archives. Every article, every chart and every table as it appeared in the magazine for all archive issues back to 2010.

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Contracting in China: A Contract Worth the Paper it’s Written On

Supply chain contracts in emerging markets like China were once not worth the paper they were written on. As the market and legal systems mature, savvy organizations are using supply contracts to protect the integrity of their global supply chains.

By ·

Supply chain professionals rarely view issues such as counterfeiting, intellectual property, and contracting as supply chain issues. But in today’s economic environment, these can play a crucial role in protecting the integrity and security of global supply chains. This article focuses on one of those issues: the important role of supply chain contracting, using China sourcing as the example.

Over the years, numerous U.S. buyers have been content to purchase from Chinese suppliers without a written contract and with no long-term commitment from either party. We also know of companies that have purchased product from the same supplier for years on a per-purchase-order basis.

This approach is changing, as more and more buyers begin to understand the benefits of establishing long-term, written purchase contracts with their suppliers. There are several reasons why these buyers are beginning to use contracts for their China product purchases.

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By ·
Download Article PDF

Supply chain professionals rarely view issues such as counterfeiting, intellectual property, and contracting as supply chain issues. But in today’s economic environment, these can play a crucial role in protecting the integrity and security of global supply chains. This article focuses on one of those issues: the important role of supply chain contracting, using China sourcing as the example.

Over the years, numerous U.S. buyers have been content to purchase from Chinese suppliers without a written contract and with no long-term commitment from either party. We also know of companies that have purchased product from the same supplier for years on a per-purchase-order basis.

This approach is changing, as more and more buyers begin to understand the benefits of establishing long-term, written purchase contracts with their suppliers. There are several reasons why these buyers are beginning to use contracts for their China product purchases.

SUBSCRIBERS: Click here to download PDF of the full article.

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