How strong are your supplier relationships? The answer to this question can impact many aspects of your business: quality, quantity, on-time delivery, customer satisfaction, and even the long-term growth of your company. A talented and reliable supplier is the key to...
When you work with overseas factories to manufacture your products, maintaining a quality control program can be extremely challenging. Wouldn’t it be great if you could peek into every foreign factory and watch every production line? That’s not possible—but there are...
Regardless of your stance on their impact, tariffs are a consistent factor in US trade relations and a significant piece of the puzzle when it comes to supply chain management. While managing trade compliance in your business, there are a variety of strategies to...
“There’s real money to be made from good relations with suppliers. Research shows collaboration and building trust are far more effective in realizing sustained profit contributions from suppliers.” – John Henke, Ph.D., Planned Perspectives, Inc. Just like any...
According to research by Vistage International, many U.S. businesses are scrambling to cope with the repercussions of new tariffs, including higher material costs, smaller profit margins and disrupted supply chains. Tariffs are affecting companies in a number of...
As technology advances, the world continues to get smaller and more competitive—and the supply chain shrinks along with it. With that, companies face additional challenges as they look to expand their operations to new borders. Challenges and complexities with...
