Articles
Sourcing/Negotiations
The Benefits of Domestic Sourcing
Even though businesses have historically looked to imported inputs as a means of lowering production costs, the benefits of sourcing domestically should not be discounted. With uncertainty surrounding the future of multilateral trade deals like NAFTA and the long-term implications of Brexit and other nationalist movements, now is an excellent time for businesses to reevaluate […]
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Reduce Supply Chain Costs with Consolidated Procurement Strategies
For sourcing agents and organizations involved in procurement, supply chain efficiency is a pressing concern. In addition to physical factors like the layout of the unit and machine capacity, procurement contracts and the manner in which they are implemented can account for a majority of supply chain and manufacturing costs. Working hand-in-hand with product design […]
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