Local Vs Global Sourcing

Local Vs Global Sourcing

Most businesses will find it easier to source products or components locally because of the reduction in transport time and overall efficiency. However, this is not always feasible when trying to meet large scale orders for a cheap price, leading many to harness the...
What is Global Sourcing?

What is Global Sourcing?

Global sourcing is when a company looks abroad to manufacture or purchase goods or services, taking advantage of global efficiencies not found domestically. Companies in countries like the UK and Germany are increasingly looking overseas to obtain the high-quality...
Developing Sustainable Global Supply Chains

Developing Sustainable Global Supply Chains

Sustainable Supply Chains It has become increasingly apparent that sustainability should be a key focus for businesses and consumers in 2021, with the COVID-19 Pandemic and climate crisis highlighting the impact of global supply chains on natural resources and the...
Is Your Supply Chain at Risk?

Is Your Supply Chain at Risk?

From the pandemic to a ship getting stuck in the Suez Canal, there’s been no shortage of supply chain disruptions recently.  Businesses without contingency plans were the hardest hit because of an over-reliance on “just in time” manufacturing. Others because their...
Sourcing Components From Abroad: Risks and Rewards

Sourcing Components From Abroad: Risks and Rewards

Sourcing Components Abroad With many risks and rewards that stem from sourcing components abroad, here we will go through the main points so that your business can stay profitable. With the right approach, sourcing products from elsewhere can benefit your business...