Tag Archive: sourcing

Dec
18

Avoid shipment delays!

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Delays in shipment are not uncommon, but preventable nonetheless. There are several possible causes for shipment delays, including: Delays in shipment of raw materials or components to the assembly factory Factory equipment malfunction Human resource issues Logistics (freight forwarder) delays Incorrect order quantity loaded (partial shipment) Product gets held in Customs So, how do you avoid …

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May
29

Closing out World Trade Month

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“World Trade Month in May stems from World Trade Week, which was established as a way to promote local businesses. It has since grown into a month-long initiative to highlight US trade relationships and local and national trade events. As the WTCDC, part of the mission is to facilitate and enhance the exchange of goods …

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May
27

A new Prime Minister for India… Sourcing & manufacturing opportunities expected from positive economic impact

A gentleman from India recently raised a discussion during a class that concerned the newly elected Prime Minister Modi. For many unaware, the recent election in India was considered a “a landslide victory for opposition leader Narendra Modi.” This particular student was drawing the connection regarding the expected economic impact on the region. The media isn’t …

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Mar
31

Negotiating in the global marketplace

An article recently posted to Inc. discusses charts by Richard Lewis that “reveal how to negotiate with people from around the world.” As a third-party quality provider, this is a key value for us because we absolutely agree that cultural considerations are key in negotiation and general business activities and it can be a significant …

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Oct
29

Global Manufacturing: Current Reality & Emerging Trends

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Companies sourcing from China and greater Asia have enjoyed relatively stable conditions for nearly 20 years. Unfortunately, conditions affecting raw materials, labor, logistics, quality, regulations and currency translations are now changing rapidly and inducing disruptions in supply chain structures across the region while also creating new opportunities in other countries. In Michael L. Hetzel’s most …

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