My Chinese suppliers are trying to pull our credit terms. lol, nope.
-
-
Replying to @Molson_Hart
in my industry asia tends to skew higher in PT days than west. same exp?
1 reply 0 retweets 0 likes -
Replying to @YoungGoHardz
pt = payment time? I haven't done enough domestic business in China to give you a good answer but that's what I've heard. Lots of crazy crazy credit terms in China. Good way to get
ed1 reply 0 retweets 0 likes -
Replying to @Molson_Hart
payment terms, assumed u were talking about days of pt im from procurement so this is a key kpi
1 reply 0 retweets 1 like -
Replying to @YoungGoHardz
Yeah I was, but I'm an idiot evidently. Anyways, yeah, China gives us like net 20-30, but that's international trade, which is not same as domestic China. In USA I can get n/30 easily. If I sell to walmart, it's n/90.
1 reply 0 retweets 1 like -
Replying to @Molson_Hart
at my old job we used to get 200+ days in asia but that was 3-4 yrs ago and we moved a lot of commidity size globally
1 reply 0 retweets 1 like -
-
-
Replying to @YoungGoHardz
You got a take on this? I know a little bit about aluminum from studying it. Bauxite => high electricity alumina process => AluminumOxide?https://www.businessinsider.com/a-chinese-billionaire-may-have-hidden-6-of-the-worlds-aluminum-in-the-mexican-desert-2016-9 …
1 reply 0 retweets 0 likes -
Replying to @Molson_Hart
that’s odd; they mention beer cans so i assume they are suggesting it was for the beverage industry - you cant just leave it out there. the elements will fuck it up. did u read the original wsj story? cus this sounds a bit bs
1 reply 0 retweets 1 like
Nah - but cool picspic.twitter.com/kBWNkYfipw
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.