by Insight Team | Mar 17, 2021 | Supply Chain Management
Today’s supply chains are complex, and manufacturers rely on them to get the raw materials and parts they need to make their products. A car might have over 30,000 individual parts, and while an automaker will manufacture some of those parts in-house, they’ll likely...
by Insight Team | Mar 10, 2021 | Logistics
As an importer, you may be familiar with some of the eleven Incoterms that play an essential role in international trade. The Incoterms, or International Commercial Terms, are a set of internationally-recognized rules around the global transportation and delivery of...
by Insight Team | Feb 22, 2021 | Sourcing
The global pandemic, US-China trade war, and increased labor costs have all put a dampener on China’s manufacturing dominance. In addition, a shift in China’s manufacturing niche to more high-end consumer goods, has paved the way for developing countries to get a...
by Insight Team | Feb 21, 2021 | Supply Chain Management
When importing consumer products, it is vital to understand the different supply chain risks that might affect your business and take appropriate steps to mitigate them. These risks can manifest themselves in many forms, from political unrest to container shortages to...
by Insight Team | Feb 11, 2021 | Sourcing
China has carved out a niche as the world’s manufacturing powerhouse. According to UN statistics, it accounted for 28% of all global manufacturing output in 2018. The country attained this position by rapidly evolving its business ecosystem, offering low labor...
