Posts tagged "supply management"

Top 5 Sourcing Countries

Low Cost Sourcing Destination Options Global sourcing is one of the fastest growing trends in supply-chain management. The convergence of globalization, technology, and business strategy influences global companies’ supply chains, providing them with several options for sourcing suppliers, exporters, and traders in their respective industries.   Aside from products, global sourcing solutions also tap the services and skills being offered by different countries. One of the core reasons ...

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What and Why – Pre Production Inspection

What is PPI - Pre Production Inspection?   The “PPI” or "IPI" (Initial Product Inspection) is completed right before the beginning of the actual mass production. It is done after the identification or evaluation of your vendor. The objective of the inspection is to ensure that your vendor and factory has truly understood your order’s requirements and specifications and that they are well prepared for production. The inspection is completed onsite at the factory or vendor offic...

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Where did the product come from?

A certification scheme won't work – data should move through the supply chain as efficiently as the goods themselves How did the everyday things that we buy get here, and from where? It seems a simple enough question and yet for the vast majority of things we buy it is completely unanswerable. The label may say "made in China", but normally that's just where the bits and pieces were put together. So where do the bits come from, and how do we find out? Why should we care? The total val...

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Supply Chain Key to Success in China

It’s no secret that China’s domestic consumption is rising rapidly. Chinese consumers are buying more of everything (from apparel and white goods to luxury items and home ware) and as they buy more, from more channels, including online, at single brand stores and from large specialty chains, domestic and foreign owned companies have to re-asses their supply chain infrastructure in China for both selling and making goods. Supply Chain in China was once an afterthought or was only thought o...

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10 Ways to Cut Supply Chain Costs

If you want to reduce logistics costs, you have to take the time to review your processes. Nathan Pieri, senior vice president of marketing and product management for Rutherford, N.J.-based Management Dynamics, offers these tips for trimming your logistics budget.   1. Eliminate supply chain bottlenecks. By periodically reviewing and analyzing their supply chain networks, companies can pinpoint issues and proactively address them. Strategies to reduce or eliminate bottlenecks include...

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