What is Nearshoring? Nearshoring is the practice of outsourcing to a country that is physically close to your own and has a time zone that is expected to be within 1-3 hours of your own. In the context of western European organizations, this term is frequently used to...
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...
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...
Reverse engineering is revolutionizing the innovation process of the world. The benefits of digitizing mechanical hardware into a digital interface allow engineers to manufacture, improve and reinvent it for the better. Reverse Engineering You can reverse engineer...
