India’s supply chain revolution Over the years, India has steadily strengthened its position as one of the world’s fastest-growing economies. As India opens its economy further to the world market, investments in supply chain and infrastructure continue, boosting regional integration and investor confidence. India makes for an ideal alternative sourcing destination as it continues to […]
Sourcing best practices: Understanding your customers
Consumers play a critical role in the creation of supply chains, and understanding them is fundamental and one of the most crucial aspects of sourcing. When searching for products to source and configuring one’s supply chain, all roads lead back to the consumer. Even before a buyer – whether a retailer, wholesaler or a branded […]
Vietnam: Strategic sourcing destination
One of Asia’s fastest-growing sourcing hubs Located at the heart of the ASEAN region, Vietnam offers convenient access to supply-chain raw materials and an attractive sourcing destination for global markets looking for high-quality products and services at competitive rates. Vietnam is one of the fastest-growing economies in the world and one of the most promising […]
Sustainable Sourcing: How Good and Green is Your Buying?
ESG vs Sustainable Sourcing and Procurement Ecovadis defines Sustainable Sourcing as “the integration of social, ethical and environmental performance factors into the process of selecting suppliers.” Although stated rather differently, these three factors echo the ESG parameters highlighted by McKinsey. According to Ecovadis, Sustainable Sourcing has become even more important as companies – looking to […]
Friday links: smart cities, food waste fashion (20 Aug 2021)
Smart city initiatives promise to make cities more connected, efficient and sustainable How will today’s technologies – 5G, artificial intelligence (AI) and blockchain – transform urban areas into smart cities? In this article, three trends are put forth for reimagining urbanization in neighborhoods, public spaces and mobility, and an emerging solution toward implementation. Could Food […]
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