Choosing the right suppliers, whether for raw materials or finished products, can be a time-consuming, energy-draining and costly sourcing task. As inevitable as it is necessary, there are a lot of things to consider before diving into sourcing nitty-gritty – one of which is one’s ability to ask the right questions to prospective suppliers and […]
PPE sourcing checklist
Personal protective equipment (PPE) includes a range of items designed to protect the person wearing them against threats to health or safety. Right now, they are in high demand everywhere as the coronavirus pandemic mutates and returns in different locations around the world. Here’s a handy checklist you can use when you’re arranging orders of […]
Friday links: brain-reader tech, ethical supply chains (7 May 2021)
Weekend sourcing-adjacent reading selected by the Global Sources content team. Tips for auditing an ethical supply chain “The rise of conscious consumers has altered how brands compete, and ethical supply chains have become a source of competitive advantage as brands leverage prestigious certifications such as B Corp status to closely align themselves with mindful consumers […]
International Manufacturing Contracts: Know These 9 Things
by Dan Harris Our international manufacturing lawyers get a steady stream of emails from (mostly American/European/Australasian) companies wanting to sue their overseas manufacturers. Depending on the country, we typically respond by asking the potential client whether it has a written OEM Agreement with their manufacturer, whether that agreement is in the language of the country […]
Negotiating with suppliers like a pro
Dealing with suppliers is perhaps the most challenging part of sourcing. It’s where your negotiation skills are put to the test, and the outcome can have enormous repercussions for your business. Here are five practical tips for successfully negotiating with suppliers and handling the situation when they throw curveballs at you. Communicate with suppliers In […]
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