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What You Can’t See Can Hurt You – Is Your Supply Chain Really Transparent?

Logility

Technology, particularly corporate social responsibility solutions supported by AI and machine learning, increase transparency by identifying employment practices and enabling corrective action. . A recent study showed they are willing to pay 2% to 10% more for products from companies that provide it. The stakes are high.

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Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

In Bangladesh in July 2021, a fire at a food factory claimed the lives of at least 52 people, some of whom were children. Consumers are increasingly expressing interest in ethical sourcing and environmental impacts related to the products they purchase. The same study indicated that 34% stopped buying brands with ethics concerns.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

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Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

Sustainability is created in the textile factories of Bangladesh. Implementing responsible sourcing within the line will allow your organization to create a process and locate a solution in various dimensions. Benchmark the market and take into account the ability for different solutions to fit into your existing sourcing processes.

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6 Tips for Creating Private Label Products for Amazon FBA

EMERGE App

Case Study: Magnolia Sea. Your website and Amazon FBA are just tools for your business. These tools work for everyone the same way regardless of what products you’re selling. She was going to extend her stay in Guangzhou anyway until she signed a purchase agreement. Catherine was fed up with her day job.

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8-Step Importing Guide For First Timers

EMERGE App

For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. Do your homework and study them. You will develop the business relationship directly with them and will enjoy better terms as you make more purchases. Negotiate Purchases. And the list goes on.

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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.