article thumbnail

Five Tips on Sourcing Products From China

EMERGE App

In fact, China’s wages have been on the rise and fast-growing countries like Vietnam and Bangladesh are developing niches in footwear and clothing manufacturing as well. Things like handling multiple currencies when dealing with suppliers and purchase orders. They can be easily purchased or copied from elsewhere.

article thumbnail

The Limitations and Evolving Role of On-site Supplier Audits: 4 Reasons They Are Starting to Miss the Target

EcoVadis

However the empirical evidence overwhelmingly indicates a significant gap exists in making audits a truly effective tool for supply chain risk management. Audits are ineffective tools for detecting, reporting , or correcting environmental and labour problems in supply chains.”.

article thumbnail

Handfield’s Top Supply Chain Predictions for 2016

NC State SCRC

As people conduct more and more transactions electronically, whether it’s consumers on Amazon or organizational buyers on Ariba, Coupa, or other P2P solutions, the relational component of supply chains seems to be going down.