BBC Radio aired a fascinating program about my friend Liam Casey, aka "Mr. China," whose company PCH International is reinventing the electronics industry by converting the supply chain into a flexible supply web of "just in time" manufacturing and shipping. Voted Ireland's Ernst & Young 2007 Entrepreneur of the Year, Liam is based in Shenzhen. And he doesn't speak Chinese. From BBC Radio presenter Peter Day's text about the program:
At the centre of (PCH International) is a comprehensive database of some 900 Chinese companies with world class facilities in and around the Pearl River Delta...
Take an idea to PCH, and his people will help you design the product, simplify it to make it manufacturable, find the Chinese firms to make it for you, and fulfil the orders and get them dispatched.
What role for the Western business in all this ? Well, Liam Casey will do the donkey work in the middle... and your Western company will work at either end of what he calls the “smiley curve”… providing the big idea at the beginning, and the astute marketing at the end.
This is getting very close to a very important new business model that I’m calling Capitalism without Capital.
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The office I work in is full of things old people buy to make themselves feel young again. I can honestly say that our awesome new toy, The Swagtron T3 Hoverboard, makes me feel very, very old. I’ll explain why later. Swagtron T3 Pros There’s no way to overcharge the battery and that means no […]
DJI is the world’s leading designer and producer of easy-to-fly drones and aerial photography systems. If you’re a drone enthusiast, you want a DJI. If you know absolutely nothing about drones and think they’re weird, if you win a DJI you’re going to become a drone enthusiast.Enter this giveaway (for free, yes) and you’ll get a […]
Although there will never be a consensus about the best way to make coffee, any coffee connoisseur will agree that controlling the grind of your beans and balancing water temperature are the keys to a tasty cup. Since your plastic coffee pot doesn’t really allow for that kind of customization, going back to the French […]