Seminar on purchasing in China will be carried out by Stefan Fischer, Managing Director of Cisema Group, and Yuhui Liao, Partner of Shaohe Law Firm together with ICC Austria on July 3, 2024.
In today’s globalized economy, China has emerged as the world’s largest export nation. For many companies, “Sourcing in China” has become a vital component of their procurement strategy. While the potential for cost savings is undeniable, some businesses remain skeptical due to concerns about product quality and the complexities of the Chinese market. The truth is, the quality of Chinese products is on the rise, but navigating the procurement landscape in China requires careful planning and diligence.
Our upcoming seminar event is designed to address these concerns head-on, providing valuable insights and strategies to help you efficiently organize your supplier search in China while minimizing procurement costs. Whether you are an experienced procurement professional or just beginning to explore the possibilities in China, this seminar will equip you with the knowledge and tools necessary for success.
Event details
Date: July 3, 2024
Time: 9:00am to 5:00pm
Venue: Hotel Erzherzog Rainer – Wiedner Hauptstraße 27-29 (entrance: Mozartgasse), 1040 Vienna
Language: German
Why attend?
- Strategic Insights: Our seminar will provide you with a deep understanding of the current framework conditions of the Chinese economy and the nuances of negotiating and communicating effectively in China. Gain a competitive edge by learning how to strike a balance between cost savings and quality, reliability, and supply chain efficiency.
- Procurement Market China: Explore material groups with significant savings potential and discover China’s most important procurement regions. Learn effective cost and price management strategies specific to the Chinese market and stay up-to-date with the latest developments in sourcing from China.
- Quality Management: Understand the cultural perspective of quality in China and discover how quality management can lead to cost reduction and increased customer satisfaction. Learn how to ensure sustainable quality assurance through supplier audits and quality acceptance, as well as how to inspect and evaluate certificates effectively.
- Transportation and Logistics: Navigate the complexities of customs policies, authorities, and legislation when dealing with transportation and logistics from China. Gain insights into sea freight, air freight, rail transportation, and document requirements. Explore pricing and Incoterms while managing risks effectively.
- Legal Structuring of Purchasing: Master the intricacies of establishing purchasing relationships with Chinese suppliers, including export law regulations and creditworthiness checks. Dive into Chinese contract law, drafting important clauses, and managing complaints and product liability. Understand how to protect your intellectual property and resolve disputes in China. Get an overview of the EU supply chain law and its impact on procurement from China.
Speaker Profiles
Mr. Stefan Fischer: With extensive experience in procurement and quality assurance in China, Mr. Stefan Fischer, a Dipl. Ing. in Electrical Engineering, has been the Managing Director of the Cisema Group since 2002, with offices in Hong Kong, Beijing, Hangzhou, Qingdao, Munich, and Vienna. His expertise is invaluable for those looking to ensure product quality in China.
Mr. Yuhui Liao: As a Master of Law, lawyer and partner at Shaohe Law Firm in China, Mr. Yuhui Liao brings over 15 years of experience advising clients from the DACH region on various legal aspects of operating foreign-invested companies in China. His expertise in Chinese legal matters will provide you with essential insights for successful business operations.
Organizer
ICC Austria is the event organizer of this seminar and also a partner of Cisema. ICC Austria can represent their Austria company members and offer guidance to their international business activities including export/import contracts, incoterms, model contracts, retention of title, force majeure, UN sales convention of goods, bank guarantees, letters of credit, arbitration, mediation, counterfeiting, anti-corruption measures, fraud prevention, counter-espionage, and negotiation strategies.
More information
Sourcing in China offers enormous potential for cost-effective procurement, but it comes with its own set of challenges. Join us at our upcoming seminar event to gain the knowledge and strategies needed to thrive in the Chinese procurement landscape. Efficiently organize your supplier search, minimize costs, and ensure the quality and reliability of your supply chain. Don’t miss this opportunity to unlock the full potential of sourcing in China. Get in touch with us if you are unable to participate in this time’s event but interested to obtain more information about purchasing in China.