Price-based Market Testing: Long term Relationships Vs. Transactional Price Sourcing Vs. Total Cost of Ownership
When you have to devise or evaluate a price strategy in a competitive market, there is more than one consideration you have to take into account. Typically, there is no straightforward answer as to “when” you should change your pricing. Most OEMs don’t compete or act...
Nearshoring: Pressure to Bring Manufacturing Back to the U.S.
The traditional offshore sites such as China, Eastern Europe, and India are not as advantageous as you would expect. However, increased manufacturing costs propel companies to opt for traditional offshoring. But the recent plunge in the cost of ownership in these...
Will Amazon Catch Up to the High Expectations and Needs of the Manufacturing Sector?
It is no secret that Amazon continues to disrupt the most niche and technical markets through the AmazonSupply platform. The dedicated site offers a wide range of components and supplies to industrial, commercial, scientific, and business customers. However, the...
How Will Global Trade Move Forward Under Biden-Harris Administration
Introduction Whether you lean towards conservatism or liberalism, it is hard to overlook the isolated trade relations set forth in motion by former U.S. President Donald Trump. With a new administration comes a new hope to restore the flawed global trade policy,...
Four key trends in procurement decision making
Four key trends that will have a major influence on procurement decision-making in 2021. Risk A major increase in business risks, including supply chain disruption to cybersecurity to regulatory change to the economic implications of prolonged pandemic-related...Weekly eNews Sign Up
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