Global sourcing involves buying services, products or materials from suppliers or manufacturers from outside your own country. Although sourcing domestically has a number of advantages – namely,...
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Strategic Sourcing and Vendor Management
Whether it’s a small startup with a few vendors or a multinational corporation with global outreach, strategic sourcing and vendor management are equally important. When it comes to strategic...
China’s escalating energy crisis and record-high coal prices
In September, China's coal imports increased by 76% as power plants searched for fuel to alleviate a power shortage that has pushed domestic coal prices to record highs and disrupted corporate...
OEM Parts Vs Aftermarket
When it comes to vehicle protection, the aftermarket parts market continues to grow at an unprecedented rate. After all, it is the most cost-effective solution to roll out relevant repairs without...
