Canada is among the first places where many countries look to send their goods. While the country is self-sufficient in many things, there are numerous items that Canada tends to source from other countries. In this piece, we will talk about various countries...
2020 started in the same way as any other year. Normal operations continued, with high hopes and a few hiccups anticipated to keep everyone on their toes, as was the case in the past. Then came the arrival of the new normal, which fundamentally transformed our...
Strategic sourcing is one of the most crucial aspects of the modern-day supply chain. In layman’s terms, strategic sourcing establishes the parameters and details of “why” and “how” companies can make a continuous evaluation of their purchase activities. It is also...
2022 will almost definitely be an eventful year for trade, regardless of how it pans out. One of the first indications of direction of travel may be the Lunar New Year holiday in Asia, traditionally when factories (and thus exports) slow down. In 2022, this may give...
Today, the business landscape has become more competitive and supply chain professionals have to find new ways to cut back on costs and improve the quality of service at the same time. Strategic sourcing, at its core, is part of the procurement management that makes...
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, faster logistics, improved production control and a shorter time to bring...
