If you are sourcing in the fashion industry, changes in technology and the structure of business relationships must be on your to-do list - or at least your 'keep an eye out' list - in 2021. A new report from market analysis firm GlobalData finds key trends that are reshaping apparel sourcing as the industry enters the new year. Firstly, the … [Read more...]
Sourcing tips for e-commerce businesses
Useful strategies on how to keep your online business thriving by M.C. Brown Nowadays, more and more consumers are shopping online. Restrictions brought by the pandemic have accelerated this shift to e-commerce and away from physical stores. In a report from Statistica, global e-commerce sales are projected to reach US$6.54 trillion by … [Read more...]
ebook: Sourcing Beyond China and Alternative Markets
Maintaining a stable supplier network in diverse places can help mitigate risk and sourcing disruption. So it doesn’t come as a surprise that more and more importers and buyers are implementing a “China + 1” strategy. With this approach, there’s no need to scramble to find new suppliers. There’ll be other sources to handle parts of the supply … [Read more...]
Taiwan electronics: Outlook & components sourcing guide
Electronics suppliers in Taiwan look forward to greater opportunities for their high-quality products in the post-pandemic trade resurgence. Taiwan's electronics industry, including the components sector, has experienced dramatic changes as a result of the trade war between the US and China that began in 2018. Caught in the … [Read more...]
How to work with your suppliers during uncertain times
Industry experts share business strategies on how importers can source wisely amidst the global pandemic. Sourcing never stops – not even a global pandemic can cease worldwide trade. Businesses are slowly adapting to the situation – this includes importers and suppliers. During the Global Sources Virtual Summit in April, eCommerce experts Gary … [Read more...]