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THE ROLE OF GLOBAL SOURCING IN ACHIEVING SUSTAINABILITY
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Author: comoroz
23 Jul
2023

THE ROLE OF GLOBAL SOURCING IN ACHIEVING SUSTAINABILITY

The variety of posts on the topic of sustainable global sourcing is a proof of the field’s exponential expansion. Companies with a global supply chain have been accused of ignoring a wide range of environmental and social problems. These include, for example not adhering to environmental rules or having bad working conditions. Although initially reluctant,..

26 Sep
2022

GLOBAL SUPPLY-CHAIN CHALLENGES

Overwhelming demand and limited effective logistical capacity have been putting a strain on global supply systems. Studies show that the COVID-19 pandemic is the core cause of many of today’s global supply chain problems, including inflation. However, the pandemic is not the only cause of global supply chain bottleneck. Some of these issues are temporary,..

01 Nov
2021

UNCOVERING HIDDEN COSTS IN YOUR SUPPLY CHAIN AND TURNING THEM INTO A COMPETITIVE ADVANTAGE

FIRST, FIND YOUR SUPPLY CHAIN COST DRIVERS Transportation, procurement expenses, quality, and inventory are all known supply chain costs that are usually addressed head-on. Nevertheless, hidden expenses that are amassed within these areas, on the other hand, can be severe. Even more difficult, because the supply chain is so intertwined, resolving one problem can have..

06 Sep
2021

AIR PURIFIERS AND HOW THEY HAVE BECOME AN ESSENTIAL TOOL

WHAT ARE AIR PURIFIERS? Air purifiers or otherwise air cleaner is a tool that eliminates infection-laden airborne particles in a room to enhance indoor air quality. It has been widely suggested that air purifiers are useful for asthmatics and people with allergies. It also has the capacity to reduce or eliminate completely smokes emanating from..

09 Aug
2021

DEVELOPING A VIGOROUS COVID TESTING STRATEGY

Different Types Of Covid-19 Tests With an extensive array of testing options at various health care facilities, most people battle with picking the appropriate test option. Others even wonder if they all work the same way. The truth is there is no single testing strategy with the capacity to meet each need and at the..

16 May
2021

BUILDING A ROBUST PPE SOURCING STRATEGY

Businesses sourcing personal protective equipment (PPE) encounter several danger zones as unprincipled players exploit the unparalleled demand. Since the surge of the COVID-19 pandemic from 2019 till date, the international health care communities have been swamped with possibly contagious patients who need testing and care. To curtail the spread of disease from patients to health..

29 Mar
2021

IMPLEMENTING A SUCCESSFUL STRATEGIC PROCUREMENT AND GLOBAL SOURCING STRATEGY

What are strategic procurement and global sourcing strategies? A procurement strategy is a continuing plan to economically obtain the required supplies from a list of competent vendors who will distribute quality goods on time while adhering to the procurement terms. This strategy focuses on components such as cost reduction, global sourcing, risk management, green purchasing,..

14 Feb
2021

IMPACT OF COVID-19 ON MANUFACTURING

Why Manufacturing Sector Is Severely Impacted The manufacturing industry is a crucial aspect of the economy and it is responsible for about 16 percent of the global GDP in 2018. This explains why most administrations make efforts to promote the manufacturing sector. However, it is one of the worst-hit sectors from the COVID-19. The first..

17 Jan
2021

HOW DIGITAL TRANSFORMATION IS DRIVING CUSTOMER EXPERIENCE

Digital Transformation Digital transformation refers to the incorporation of digital technology into all parts of a business. It typically leads to significant modifications on how business functions and the value they offer to their customers. In short, digital transformation involves changing the approach used by a business to interact with customers and the way an..