ASIA MANUFACTURING COST DRIVER REPORT-2018 Q1

In the first quarter, there was a clear commodity price trends with most of raw materials in Asia going down in price. Many grades of plastics, steel, aluminum, paper, ceramic raw materials and other industrial metals went down in price while rubber and wood mostly rose in price. Textiles prices meanwhile remained mostly flat.

SOURCE XIAMEN CELEBRATES INTERNATIONAL WOMENS DAY

Source International’s Xiamen Office honored all its dedicated women staff on International Women’s Day March 8th. The day marks a special time to stop and say thanks to all the women on our life and all the love and beauty that they bring to the world every day.

SOURCE CELEBRATES 10 YEARS WITH LIBBEY

Libbey (LBY) the No. 1 glassware company in the Americas and one of the largest tableware suppliers in the world honored Source International with their Distinguished Service Award on February 11, 2018 in Xiamen, China. Mike Bunge, Director of Global Resources presented the award saying

SOURCE DIRECT AT THE ASD SHOW-SEE YOU THERE!

Please join Source International Managing Partner & COO, Mr. Jim Ullum at the ASD Source Direct Show for Sourcing Seminars that will take place from March 11-14 2018 at the Las Vegas Convention Center. The Source Direct Seminars are all FREE to attendees and are filled with interesting and informative sessions each day. A sampling of the sessions that Mr. Ullum will present are

ASIA MANUFACTURING COST DRIVER REPORT-2017 Q4

In the fourth quarter of 2017, most raw materials in Asia continued their upward movement in price. Many grades of plastics, rubber, steel, other metals, wood, paper and ceramic raw materials all went up in price while aluminum and stainless steel and many grades of textiles moved down in price.

HAPPY HOLIDAYS FROM SOURCE CHINA

Santa made his annual stop at the Source Xiamen office this week to wish everyone a Merry Christmas and Happy Holiday Season. First, Santa conducted his annual Internal Audit to make sure all systems were in sync with the Source Standard Operating Procedure and Quality Management System and he logged into the Source Cloud

MADE IN CHINA QUALITY IS CHANGING

For years, Made In China meant be weary of quality. And, while there are still many manufacturing plants that require close supervision and policing to make sure the quality is acceptable, China entered a new era with the maiden flight recently of the China’s large passenger jet C919.The flight lasted around 2 hours testing the performance of the C919

THE FORTUNE GLOBAL FORUM HELD IN GUANGZHOU

World business and government leaders gathered the first week of December in Guangdong Province’s capital, Guangzhou for the Fortune Global Forum. Alibaba’s Jack Ma, Apple’s Tim Cook, Tencent’s Pony Ma, Foxconn’s Terry Gou, Ford Motor Company’s Bill Ford,

ASIA MANUFACTURING COST DRIVER REPORT-Q3, 2017

Most of the General Purpose plastic resin prices were up in the third quarter. PVC and PVC+DOT price up by 23.3% & 18.8% respectively, and the others up in price on average about 7.7%. TPE and EVA were the exception with a marginally down in price. Year over year, most plastic prices remain up in price versus one year ago.

CONVERGENT CAPITAL CONGRATULATES SOURCE

Convergent Capital of Minneapolis, Minnesota placed a congratulatory announcement in the Sunday, October 8 edition of the Louisville Courier-Journal as a thank you for a successful payoff by Source of the capital infusion made by Convergent

ASIA MANUFACTURING COST DRIVERS REPORT-Q2, 2017

All General Purpose plastic resin prices were down in the second quarter, PP(K8303), Food Grade PP, PE and PS down significantly (on average about 10.5%) and the others only down in price marginally. Year over year, PP(K8303) and Food Grade PP prices are down over 17% and 22% respectively, but most plastic prices remain up in price

ASIA MANUFACTURING COST DRIVERS REPORT – Q1 2017

There were no clear commodity price trends in the first quarter with some raw materials in Asia going down in price while some continuing on their upward price trend begun in the fourth quarter of 2016. Many grades of plastics, rubber, steel, paper and ceramic raw materials went down in price while aluminum, other industrial metals, and glass raw materials

MEET US AT THE ASD SHOW IN LAS VEGAS!

  Source Direct At ASD Please join Source International Managing Partner & COO, Mr. Jim Ullum at the ASD Source Direct Show for Sourcing Seminars that will take place from March 19-22 2017 at the Las Vegas Convention Center. The Source Direct Seminars are all FREE to attendees and are filled with interesting and informative sessions each […]

ASIA MANUFACTURING COST DRIVERS REPORT – Q4 2016

Asia Manufacturing Cost Drivers were all on the rise in Q4 of 2016. It had to come eventually and the fourth quarter of 2016 certainly took the year out with a bang! Practically all raw materials tracked were on the rise with many showing the most significant increases in several years. Plastics, rubber, steel, brass, copper, nickel, corrugated paper, textiles, and

Management Team

WVU SUPPLY CHAIN MANAGEMENT ADVISORY COUNCIL TO MEET APRIL 2017

he WVU Supply Chain Management Advisory Council, chaired by Jim Lynch, is planning a spring meeting on April 27, 2017 as part of the Joint B&E Council Meeting to be held at the Erickson Alumni Center on the West Virginia University campus in Morgantown, West Virginia. The Council and advises and interacts with students in the recently established

LIBBEY INTRODUCES NEW WORLD TABLEWARE COLLECTION- NATURAL DINNERWARE

Libbey®, provider of complete tabletop solutions for its foodservice partners, unveils Driftstone and Pebblebrook patterns in its World® Tableware collection. Both patterns depict the organic, artisanal trend popular in culinary presentations today. Driftstone and Pebblebrook bring a natural visual

CHRISTMAS GREETINGS FROM SOURCE XIAMEN!

The Source Xiamen office held a festive Christmas Party on Friday, December 23 with Santa, presents and snacks. Warmest Christmas greetings to all our customers and supplier partners. We are deeply thankful for your friendship, cooperation and support during the year and look forward to a great year in 2017!  And, don’t forget that our annual

LIBBEY HOLDS ASIA SUPPLIER SUMMIT IN XIAMEN

Libbey held it’s 2016 Supplier Summit at the Source Int’l offices in Xiamen, Oct 27-29. Regional benchmarking of suppliers and opportunities for improvement were the focus. Following two days of meetings, the group took a bus tour to partner Porcelain & Flatware factories.

Asia Manufacturing Cost Drivers Report – 2016 Q3

Most Asian raw materials and production cost data tracked were on the rise in third quarter. Rubber, steel, aluminum, brass, copper, nickel and paper prices were all up, while wood, textiles, and ceramics were mostly flat, and only a few select grades of