Counterfeiting is a growing problem for electronics brands. Some studies have shown that the industry of counterfeit goods is worth up to $3 trillion, with electronics components making up a large share of that market.
Counterfeiting is a growing problem for electronics brands. Some studies have shown that the industry of counterfeit goods is worth up to $3 trillion, with electronics components making up a large share of that market.
Topics: Consumer Electronics
The market for high-quality outdoor gear is strong. The industry has grown steadily since 2018 and is expected to grow another 2.1% in 2023 alone. But with opportunity comes competition; brands that want to win need to understand their customers better than anybody else.
Topics: Product Inspection
Getting outdoors is about leaving your comfort zone and pushing yourself. And for brands and retailers, this analogy describes the current business environment.
Surveys show that over half the global population - and over 70% of U.S. households - have a pet at home. In 2021 alone, American consumers spent over $124 billion on pet products.
Topics: toy testing
Brand reputation is crucial in the retail industry. But one simple mistake, one simple workplace accident can cause damage that may take years to repair.
Topics: Auditing Factories, supplier audit
Excellent products satisfy customers and bring in sales, but thoughtful product packaging can help you stand out from the crowd.
As we prepare to enter a new year, it’s important to look ahead and anticipate what challenges lay ahead so we can plan accordingly. In this article, we will explore some of the top sourcing challenges brands will face in 2023.
Topics: Supply chain
Disruptions in the supply chain are expected to continue into 2023. Whether it be inflationary pressure, heightened regulations, weather events, or unforeseen events, brands and retailers will need to find ways to adapt to a changing environment moving forward.
Topics: Supply chain
There are alot of moving parts to keep track of when relocating your business. On top of the day-to-day logistical challenges, you also have to rethink your supply chain and possibly find a new supplier and factory to work with.
Topics: Sourcing, supplier audit
Strategic sourcing is pivotal for any organization's operations and supply chain management. It involves finding the most efficient and cost-effective ways to source the goods and services your company needs to operate.
Topics: Sourcing, supplier audit
