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Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! Customers demanded cheaper prices, more choices and faster fulfilment. And it’s not just an immense and low-cost labour force that has given Chinese manufacturers a competitive advantage.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

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Slavery and Supply Chain Transparency

Enterra Insights

… As long as the price was cheap and the quality was good, companies saw little need to ask further questions.” Back in 2015, Nestlé committed itself to “be an industry leader in determining where the seafood [in its supply chain] is coming from and demanding it is Sourced Responsibly.” “[5]. Footnotes. [1]

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Tectonic Shift: From Audits/Compliance to Due-diligence & Collaboration: Recap of the Forum on UK Modern Slavery

EcoVadis

During the second morning panel EcoVadis’ Michael Smith discussed multi-faceted approach, and provoked lots of note-taking when the 360° watch feature (part of our multi-source news and stakeholder monitoring aspect of our Methodology ) was mentioned. the buyer would discover their key suppliers and start purchasing directly).

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Pharma Trend: Companies are Waiving Drug Patents in Developing Countries

Elementum

Strong intellectual property protection often leads to prohibitive drug prices. This aggravates the problem of access because generic competition is an effective way of reducing the prices of medicines. But one factor has been getting significant attention in recent months: Drug patents. Patents ensure return of sales.

Uganda 79
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Tuk-tuk: funny name, but: Real transportation

The Lean Supply Chain

But negotiating a fare can be even more stressful than with the Bangkok taxis – they don’t have a meter and expect to get at least double the usual fare with foreigners. Prices for rides in tuk-tuks must be negotiated in advance. Cambodia recently announced a new fleet of low-emission tuk-tuks equipped with Wi-Fi.

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6 Common Supply Chain Mistakes and How to Resolve Them

AFFLINK

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. A group purchasing organization typically finds that it spends 80 percent of its budget on their top 20 suppliers, and they also organize other resources such as time by spend.