How do you diversify your supply chain and minimize the disruptions that might stem from natural disasters, geopolitical events, or other unexpected circumstances? This is a question many importers have asked themselves in the last few weeks. With an unpredictable...
Since the U.S.-China trade war began in 2018, many importers have scrambled to shift some or all of their production to Vietnam. In fact, Vietnam’s imports to the U.S. through November 2019 totaled $60.9 billion, up from $45.4 billion during the same period in 2018,...
Why is supplier development important and how can importers establish effective supplier development systems? When importing finished goods or product components from overseas manufacturers, good supplier relationships are critical. To maximize supplier performance,...
Since the U.S.-China trade war started in early 2018, many importers in America and elsewhere have been re-examining their supply chains and considering moves to other countries. One of the biggest beneficiaries of the trade war has been Vietnam. The country has seen...
With the U.S.-China trade war in full swing, many importers are finding themselves negatively impacted and considering their options. And with the recently proposed tariffs on $300 billion worth of consumer goods from China ominously looming overhead, many in the U.S....
