Pros and Cons of Tariffs

Pros and Cons of Tariffs

Tariffs are taxes or duties imposed by a government on imported goods. They are used for a variety of reasons, from protecting domestic industries to raising revenue. Here’s a closer look at the pros and cons of tariffs: Pros Protects Domestic Industries: Tariffs can...
3 Proven Tips to Manage Quality Issues in Manufacturing Overseas

3 Proven Tips to Manage Quality Issues in Manufacturing Overseas

Quality issues in manufacturing are just plain annoying. Why can’t the factories follow the drawings, properly inspect the goods, properly verify that the quantities match the PO and deliver the pallets on-time? It is not that hard—why don’t they get it right? Why...
A Supplier’s Thoughts on a Supplier Scorecard

A Supplier’s Thoughts on a Supplier Scorecard

As an organization looks to build vendor relationships and create an efficient supply chain, the supplier scorecard can be a valuable tool. It helps the procurement department evaluate and compare supplier relationships based on set criteria derived from specific...
10 Strategies to Build Strong Supplier Relationships

10 Strategies to Build Strong Supplier Relationships

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...