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...
Supply Chain Management
5 Important Steps in the Supplier Development Process
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,...
Sourcing in Vietnam: a Good Alternative to China?
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...
Moving Production Out of China Poses Big Challenges
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....