Procurement is a dynamic facet of business operations that is influenced by a number of external factors — many of which are beyond a company's control. For procurement teams, being able to quickly react and adapt to these external factors is key, especially when uncertainty lies ahead.
Topics: Manufacturing Tips & Advice, Sourcing, supplier audit
As we approach 2024, the intricate dance between technology, sustainability, and resilience will shape the future of supply chains. This blog post unveils the top supply chain trends that will redefine the industry going forward; from the continued integration of advanced technologies to the growing emphasis on ethical practices, these pivotal shifts will have a big impact on logistics, procurement, and distribution strategies.
Topics: Manufacturing Tips & Advice
Topics: Consumer Electronics, Industrial Goods, Product Inspection, Textile Products, Acceptable Quality Level (AQL)
The Chinese New Year is an annual event that carries significant implications for businesses that rely on inventory from China. Understanding and preparing for the potential disruptions caused by the 2024 Chinese New Year is crucial for maintaining the quality and efficiency of your supply chain. In this blog, we'll explore the impact of the Chinese New Year on businesses and provide tips to help you navigate these challenges effectively.
If you are a business owner who sources from China, you must have heard about the Chinese New Year (CNY), also called Spring Festival and Luanr New Year, and the factory shutdowns related to this festival. Click on our post to find out the details of Chinese New Year 2024, and tips to prepare your supply chain for it.
Topics: Manufacturing Tips & Advice
If you source your brand’s products from Chinese manufacturers, it's important to be aware of the Lunar New Year (also called Chinese New Year) and how it will affect your supply chain. During the 2024 Lunar New Year, which falls on February 9-15, 2024, factories will shut down, shipping will slow, and product defects may increase. Not only does that create difficulty around the Lunar New Year, but it can also make it more difficult for you to get the inventory you need in the period immediately before the holiday, when some facilities may limit production, and after the holiday, when it takes time for many factories to ramp back up to full production.
Quality control services ensure products meet predefined standards of quality – and in any industry, maintaining high-quality standards is paramount for success. Many businesses initially prefer internal quality control teams for several reasons, including proximity and availability. However, many factors, like budgeting, talent availability, and others, may soon make outsourcing appealing.
Topics: Manufacturing Tips & Advice
It’s no secret that the holiday decor industry is thriving; in 2022 alone, the global market for Christmas decorations was estimated to be worth more than $7 billion (U.S.). With the 2023 holiday season approaching, home decor brands have a golden opportunity to enhance their customers' festivities and secure their spot in this multi-billion dollar industry by producing on-trend home decor products.
