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Strategic sourcing is a methodology of supply chain management that improves the way in which information is both gathered and used so that an organization can leverage the data to consolidate purchasing power and identify the best possible values within the market place and then align a purchasing strategy accordingly with business goals. This is […]
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In the world of beverages, Coca-Cola is a multinational corporation. Its interest is in manufacturing, retailing and ensuring the marketing of its non-alcoholic beverages, syrups and also its alcoholic beverages. Having a nice Coca-Cola cool drink is great, and it combines well with almost everything from whisky, cheeseburger or ice cream floats. How Did Coca-Cola […]
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A lot of times, when people receive gifts from corporate events they tend to abandon them in desk corners or in closets where they collect dust. We are aware that a lot of businesses or people hosting corporate events are tired of giving gifts that have this fate, so we have collated a list of […]
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What does a sourcing agent do? A sourcing agent is an individual or agency that represents a certain buyer in the sourcing of commodities and products that would otherwise be out of the buyer’s scope. Sourcing agents are typically required when it comes to international trade – particularly in new markets where the buyer has […]
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In today’s international market there is a large number of organizations that rely heavily on sourcing operations in order to reduce their overall production costs and up the quality and consistency of their end-products. Not only this, but it helps firms to lower the costs involved with production and their services, thus attracting even more […]
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It is essential in today’s market to make sure that your goods stack up, that your customers are excited and happy and that you can meet their needs at all times. You must have a ready and uninterrupted supply, helping generate brand loyalty, meeting your targets and maximising profits. There are many different strategies you […]
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A promotional product can be such an effective tool to keep your brand visible, leave a positive impression and remind your customers to come back again soon. Whether this is a long term product like the sweater below or even just a short term product that may be used once, it is still important that […]
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Using promotional products to raise your brand awareness and attract new customers has been a popular method of advertising for many years. If you are looking to attract wealthy prospects then the very same method can apply – only with high end, luxury promotional products. In this article, we’re going to talk about the benefits […]
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When sourcing new suppliers, it can be a stressful and complicated process. However, if done right and with careful consideration, it can bring about great and positive changes for your business. In this article, we’re going to take a closer look at budget considerations when you are sourcing new suppliers, for your convenience. But first, […]
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There is always a fair amount of confusion when it comes to procurement and purchasing. As the two process are so closely linked, it’s easy to get them mixed up. In this article, we’ll aim to clear up that confusion and outline the key differences between both processes, for your convenience. Let’s get stuck right […]
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