Sourcing-related reading for your Friday afternoon, selected by the Global Sources content team. Six vectors of success in online fashion International business consultancy McKinsey outlines a half-dozen routes to success in the online land of opportunity where fashion finds itself: “digital demand has soared, with some companies achieving years of progress in just a few […]
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: EV battery prices in freefall, 5G, health, China contracts (21 May 2021)
Sourcing-related reading selected by the Global Sources content team. Lessons from the pandemic – embracing a new era of strategic sourcing Automation of sourcing and procurement will drive efficiencies and increase business agility to better manage risk, seize opportunities. Alex Yakubovich of Workday outlines how new, cloud-based technologies will enable faster changes. Is […]
Rising Raw Material Prices: What Strategy To Follow? (6 Approaches)
What are the strategies you can follow to combat increasing raw material prices? I tried to come up with a shortlist of 6 strategy approaches that might make sense for you: 1. Basic sourcing: always looking for cheaper suppliers This one makes sense in some industries. Most apparel buyers seem to always be looking for the ‘cheapest […]
Oxygen concentrator sourcing checklist
The demand for medical oxygen continues to rise as the second wave of COVID -19 persists and keeps battering nations across the globe. With medical oxygen being a key treatment for the coronavirus, its timely availability is critical in saving patients’ lives. However, oxygen supply shortages have been plaguing hospitals and other healthcare facilities globally. […]