by Deb Dulal Das | Mar 13, 2024 | Blog, Global Market, Sourcing
The present global landscape provides many chances for businesses to extend and enhance their supply chains. The days of relying on a single market for all of your buying requirements are gradually coming to an end. Various parts of the globe have unique benefits as...
by Deb Dulal Das | Mar 8, 2024 | Blog, Procurement
In the ever-changing environment of supply chain management, a company’s connection with its suppliers can be the deciding factor for success. Crafting a strong procurement strategy involves more than picking the lowest bidder. It requires a deep understanding...
by Deb Dulal Das | Feb 29, 2024 | Blog, Global Sourcing, Sourcing
Adidas is a large international company that specializes in athletic apparel and gear. Their worldwide sourcing approach prioritizes the environment and ethical standards. The company increasingly relies on suppliers outside of Germany for 97% or more of its products,...
by Deb Dulal Das | Feb 27, 2024 | Blog, Supply Chain
When we look closely at Bangladesh’s RMG supply chain, we can see a web of strategic connections that have made the country a leader in the fashion industry. One of the factors contributing to the triumph of Bangladesh’s RMG supply chain is its strategic...
by Deb Dulal Das | Feb 26, 2024 | Blog, Supply Chain
Picture your supply chain as a well-organized team where each member performs their job in sync. This can happen only when you have a manager who uses precise information. They ensure they perform all tasks on time and tune all aspects. Just as team sports, supply...
by Deb Dulal Das | Feb 26, 2024 | Blog, Sourcing
The entire process of product sourcing is very challenging. Businesses are always caught in a tug-of-war between minimizing costs and maximizing quality. Companies must choose between quality and reasonable cost when picking suppliers. Striking a balance between...
by Deb Dulal Das | Feb 23, 2024 | Blog, Supply Chain
Imagine a world in which products pass from raw materials to finished goods on shelves, being monitored the entire time. A world in which not only delays can be expected but managed before they occur, and inventory levels agree exactly with demand. Welcome to the dawn...
by Deb Dulal Das | Feb 22, 2024 | Blog, Product Sourcing
To remain relevant in the market for product sourcing, keeping up with the ever-changing trends is not a benefit but rather a need. In 2024, the age of global sourcing is projected to undergo a massive transition. From state-of-the-art technologies to consumer whims...
by Deb Dulal Das | Feb 22, 2024 | Blog, Supply Chain
Companies participate in dynamic, fragmented global markets, increasing their supply chain’s complexity. This complication increases the strategic relevance of implementing vendor risk management (VRM) practices. These practices highlight key performance...
by Deb Dulal Das | Feb 22, 2024 | Blog
This case study demonstrates Dragon Sourcing’s excellent methodology for finding the best vendors. They utilized it to locate tapioca starch suppliers. These vendors provide long-term cost savings and supply continuity for a leading global forestry products...