'If the money doesn't move right, nothing else moves.'
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'If the money doesn't move right, nothing else moves.' Tay St Louis, founder of Trendsetter, on the part of sourcing in China that no one talks about. Paying multiple suppliers in multiple currencies while running samples on a deadline. Hold GBP, CNY, USD in one account. Pay suppliers in CNY directly, mostly same-day. Convert when the rate's good, not when you're forced to. Trips like this are where brands get made or broken. The money side shouldn't be what holds you up. Follow WorldFirst.
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'If the money doesn't move right, nothing else moves.' Tay St Louis, founder of Trendsetter, on the part of sourcing in China that no one talks about. Paying multiple suppliers in multiple currencies while running samples on a deadline. Hold GBP, CNY, USD in one account. Pay suppliers in CNY directly, mostly same-day. Convert when the rate's good, not when you're forced to. Trips like this are where brands get made or broken. The money side shouldn't be what holds you up. Follow WorldFirst.
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