4 ms·
Western manufacturers have a tendency to buy from the cheapest supplier, even if it isn't physically possible to manufacture at that price point without cutting
by qiqing 8y ago
Western manufacturers have a tendency to buy from the cheapest supplier, even if it isn't physically possible to manufacture at that price point without cutting massive corners or making profit off of some externality. However, when Chinese manufacturers build their own brand, you'd be surprised how the business culture suddenly creates a different set of incentives.
Trust alignment of incentives, as opposed to hey-they-promised-an-actually-impossible-pricepoint-on-paper.
- fiter 8y agoI think I saw this on another thread. You're saying if someone bids that they can do something for a price that's not reasonable, it's my fault for believing their mischaracterization? "Fool me once, shame on me." I much prefer the other mode of operation: "Fool me once, shame on you. Fool me twice, shame on me."