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Once you have molds, make sure you control them. Here's a story [1] of a company that found that the Taiwanese plastic company that made its custom parts stopp
by tzs 3y ago
Once you have molds, make sure you control them.
Here's a story [1] of a company that found that the Taiwanese plastic company that made its custom parts stopped responding after 15 years. They got another one of their Taiwanese suppliers to go to the plastic company to see what was going on--and found that the factory was now a hotel and the sales office was a now a strip mall.
[1] https://www.stlpr.org/arts/2013-07-24/on-chess-the-case-of-the-missing-molds https://www.stlpr.org/arts/2013-07-24/on-chess-the-case-of-t...
- sarchertech 3y agoIf you don’t have people on the ground how can you control them? Also if we’re talking about China and not Taiwan, even if you do have people on the ground, how likely are you to win any kind of contract dispute?