Tenba Group

29/06/2023

🇨🇳 Strategic Sourcing Process from China - Upgrade Your Procurement

Strategic sourcing processes help global businesses to increase efficiency, reduce supply risks, and improve operations. 📦

Key benefits of digitized and automated procurement include:

1. drive efficiency to save time and money
2. minimize supply risks
3. find better suppliers and partners
4. compliance with laws and regulations
5. data-driven forecasts

Discover 5 more benefits: Read up on more eSourcing opportunities & the specialties when sourcing from China and working with Chinese partners. 🚀

👇 Learn how to leverage AI & more 👇
https://tenbagroup.com/strategic-sourcing-process-from-china-upgrade-your-procurement/

Strategic sourcing processes help businesses to increase efficiency, reduce risks, and more. Learn how to leverage AI with Tenba Group.

01/05/2023

🇨🇳 Product Compliance for Goods “Made in China”

Product compliance is an essential aspect of goods that are imported into regulated, large markets like the EU and the US. 🇪🇺🇺🇸

From the CE mark, the EU REACH regulation, the RoHS directive, CPSIA directives, FDA regulations, and more - find out which seals and marks are required in the key markets EU and US. 💹

The benefits for your business include

✅ consumer safety and health
✅ customer satisfaction and trust
✅ risk management in supply chain operations
✅ meeting environmental regulations
✅ quality assurance and harmonization
✅ streamlining production processes
✅ compliance with local laws

👇 Read the full article 👇
https://tenbagroup.com/product-compliance-for-goods-made-in-china/

Product compliance is essential for goods that are imported into regulated markets. Tenba Group breaks down the EU and US requirements.

06/03/2023

🤝 The ERP Market in China

With a strong focus on manufacturing under the “Made in China 2025” strategy, efficient resource planning is more important than ever for international companies active in the Chinese market. 🇨🇳

With the steep economic growth of the Asian-Pacific region, and China in particular, there is a lot of potential waiting to be lifted.

1. International companies, planning to roll out to the Chinese market

✅ When using a larger global ERP software like SAP, roll it out in China
✅ When using a smaller ERP or none at all, consider setting up a larger international ERP system to cover your global ERP needs

2. Consultants, seeking promising new markets for expansion

✅ Further assess the booming Chinese market for your clients’ needs - from manufacturing to new customer bases
✅ Offer your services directly in mainland China to serve Western and Chinese clients

3. ERP providers, contemplating market expansion in China

✅ Understand the technical requirements in the Middle Kingdom and the Chinese culture to provide localized products and services.

ERP systems have the potential to increase the agility of a company while organizing and stabilizing their long-term growth. An ERP system optimizes business processes, formalizes, and streamlines them. 💹

👇 Read the full article 👇
https://tenbagroup.com/the-erp-market-in-china/

Take a deep dive into the ERP market in China with Tenba Group. Learn how to streamline processes in China and leverage its potential.

16/02/2023

📣 Baidu to Launch AI Chatbot “Ernie Bot”

Baidu's Wenxin Yiyan (文心一言) as well as Google Bard are set to challenge OpenAI's ChatGPT. The world’s leading search engines are keen to combine online search with AI-based chatbots. 🇨🇳

Shares of Baidu jumped at the beginning of February upon announcing the launch of Ernie Bot, which is anticipated for March 2023. This further boosts Baidu’s AI competencies, which are also relevant e.g. for self-driving cars.

👇 Read the full article 👇

https://www.cnbc.com/2023/02/07/baidu-shares-leaps-as-it-reveals-plan-for-chatgpt-style-ernie-bot.html

Shares of Baidu jumped more than 13% in Hong Kong as the company said it will launch its own artificial intelligence chatbot.

09/02/2023

哀 (āi) means sorrow, grief, pity. 🇨🇳

The Chinese character 哀 is composed of 衣 (yī) for clothes and 口 (kǒu) for mouth. This refers to the howling of the mourners dressed in mourning dresses. 😢

In life and in business, being authentic and in line with your emotional state is an important success factor. Being conscious of how certain decisions make us feel and strategically determine an adequate response and action contribute to doing business successfully. 🤝

06/02/2023

📲 The CRM Market in China

Using SCRM (social customer relationship management) tools is advisable in China as this online market is centered around social media apps, most importantly WeChat. 🤳

Companies that are already active in China or want to expand into the Middle Kingdom, best manage their consumer relationships as follows:

1. Use an existing CRM like Zoho, HubSpot, or Salesforce together with WeChat integrations/plugins/third-party apps.

2. Use a separate SCRM for China like WeCom with integration into the existing CRMs (which offers more functionalities).

Engage consumers, expand audiences, increase customer loyalty, and drive sales in the Chinese market. 🇨🇳

👇 Read the full article 👇
https://tenbagroup.com/crm-market-in-china-how-to-choose-the-right-software/

Take a deep dive into the CRM market in China with the experts at Tenba Group. Find out how to leverage SCRMs in China to drive your business.

02/02/2023

📣 China's Foreign Trade up 7.7% in 2022 to New High

China's annual foreign trade value surpassed 5.9 trillion USD for the first time in 2022, as the country improves Covid-response mechanisms together with economic and social development in the face of global political and economic challenges. 💹

Exports rose 10.5% to 6.2 trillion USD while imports went up 4.3% to 2.7 trillion USD - mainly to/from ASEAN countries, the EU, the US, and along the Chinese New Silk Road. 🇨🇳

👇 Read the full article 👇
https://www.shine.cn/biz/economy/2301135077/

China's total goods imports and exports hit a record high again in 2022, expanding 7.7 percent year

22/01/2023

🎊 Happy Chinese New Year

Celebrate the begin of the year of the rabbit (兔年). 🇨🇳

After the year of the ox, which stood for driving everything forward with force, the rabbit generally plays an important part in ancient Chinese myths and legends. 🐇 It symbolizes luck more than other zodiac signs do. 🍀

In Chinese culture, the rabbit has the unique characteristic of waiting for an opportune moment and then leaping into action. 🐰

In life and in business, being opportune in line with your core values and integrity is a characteristic of success. 🤝

All of us at Tenba Group wish you a lucky and prosperous year of the Water Rabbit! 🧧

12/01/2023

初 (chū) means first time, new, beginning. 🇨🇳

The Chinese character 初 is composed of 刀 (dāo) for knife, and 衣 (yī) for clothes. This is derived from the tailor craft, where cutting is the first step when making clothes. 🧵

“The journey of a thousand miles begins with one step (千里之行，始于足下)."
~ Lao Tzu (Chinese philosopher)

In life and in business, remember that you don't have to see the whole staircase to take the first step. Gradual (small) progress leads to a bigger win over team. Be brave, stay open and curious, even if tasks seem difficult in the beginning - they usually get easier with practice and repetition. Remember: nothing ventured nothing gained. 🤝

05/01/2023

📣 Alibaba to Invest heavily in Livestream Commerce

Chinese e-commerce giant Alibaba plans to cultivate 200,000 new live streamers and 10,000 live streaming accounts in key industries and sectors. 🤳

Taobao Live is facing fierce competition from rivals like Douyin and Kuaishou.
Besides, popular Chinese stand-up comedian Li Dan recently set up his own live e-commerce channel on Taobao. Brands like Volvo and Gucci are currently discussing with Li. 🇨🇳

👇 Read the full article 👇
https://technode.com/2022/12/09/alibaba-to-invest-heavily-in-livestream-commerce-with-influencer-growth-plan-and-celebrity-participation/

Chinese e-commerce giant Alibaba plans to cultivate 200,000 new live streamers and 10,000 live streaming accounts in key industries and sectors, Alibaba’s

31/12/2022

🎇 HAPPY NEW YEAR 2023

We at Tenba Group wish you, your family & loved ones health, success and lots of happiness in the new year! May your personal and business dreams come true! ✨

May every day of the new year inspire you to grow! 🌱

24/12/2022

🎁 HAPPY HOLIDAYS

We at Tenba Group wish you, your family & loved ones Happy Holidays. 🎄

We wish you a season of joy, love, happiness, relaxation and - most importantly - spending quality time with your favorite people. ❤️