Risk analysis in the field of international furniture trade: how to minimize losses when interacting with China

Key Points

• The aim is to systematically analyze risks in the international furniture trade with Chinese suppliers and evaluate effective loss reduction strategies.
• Conducted a systematic risk analysis for companies interacting with Chinese suppliers.
• Evaluated economic effectiveness of loss-reduction measures.
• Identified main causes of damage in the trade process.
• Revealed key risks associated with sourcing furniture from China.
• Demonstrated that implementing specific measures can significantly reduce losses.
• Provided actionable insights for companies to enhance supplier management.