Embrace Changes Along Your Value Chain
Negotiating with suppliers is more art than science, blending strategy, psychology, and mutual respect to forge agreements that benefit both parties. As a buyer, you
Importers exploring the Australian market should read this: while navigating the myriad of standards and regulatory compliance measures in the country, always remember that proper
To expand your e-commerce abroad, consider emerging markets alongside mature ones, and take the following factors into account: Growth rate of national e-commerce market Existing
APAC e-commerce sales recorded fivefold increments in recent years with explosive growth in demands for inventory storage, according to McKinsey. In fact, the APAC region
Are your manufacturers treating workers fairly, compensating them enough, and prioritizing their health and safety? Do you have clear visibility into their practices, and are
Conducting a quality inspection before each shipment helps verify that your manufacturer is producing goods that meet your standards. It lowers the chance of having
There is a bourgeoning popularity of green living due to technological advancement and increasing public environmental awareness. As one of the four economic pillars of
In the face of ongoing and unprecedented disruption, supply chains are increasingly vulnerable to a wide range of sustainability risks that, if not managed effectively,
As an importer, you have requirements that you expect your suppliers to meet. Perhaps you’ve put together specifications to define your product’s materials, measurements, components,
There is no way of getting around it — today’s supply chains are global. If you’re planning to launch a new consumer product or are
The garment industry consists of two different pipelines, namely textile and apparel. With textile industry serves as the upstream part of the value chain, supplying
Since the beginning of the COVID-19 period, there was plenty of talk about whether China’s title as “the world’s factory” was under threat. However, with