China today has become one of the largest manufacturers of a wide variety of products ranging from clothes to electronic goods, household products, toys, cosmetics, etc. Amazon on the other hand is one of the largest online sales platforms for products of varied nature. Ecommerce […]
A practice whereby products and services are procured across geographical and political boundaries to increase their efficiency is known as global sourcing. Cost efficiency is sought in labor, raw materials and taxes, and tariffs. Many multinational companies across the globe implement the practice of global […]
In today’s world when the competition is kicking in, it becomes very important to have an efficient supply chain. To manage your supply chain in a hassle-free way you need reliable suppliers who can deliver quality products. Businesses around the world find it tricky to […]
A good supply agreement must include comprehensive business requirements of the buyer and proffers them with a legal resource to handle the manufacturer if they breach.