Sourcing & Business Tips

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Blogs – Sourcing & Business Tips

  • 5 Common Product Sourcing or Product Procurement Errors

    5 Common Product Sourcing or Product Procurement Errors

    Sourcing new suppliers and products is a challenging task. Mondoro has a wealth of experience in procuring various products from different countries over the years. Along this journey, we’ve gained valuable insights through costly and intricate lessons. We have listed 5 most common product sourcing or procurement errors which include 1) if it looks too…

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  • What Is The Origin Of Underwater Basket Weaving?

    What Is The Origin Of Underwater Basket Weaving?

    When we think of college degrees and the subsequent job market, specific images come to mind: the hopeful graduate with a mortarboard and diploma ready to take on the world. However, lurking in the corners of college folklore is the term “underwater basket weaving,” a phrase that conveys quite a different image—one of futility, impracticality,…

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  • Is Underwater Basket Weaving Real? Unraveling The Joke

    Is Underwater Basket Weaving Real? Unraveling The Joke

    The term “underwater basket weaving” has long stood as a humorous idiom, signifying what’s thought to be an uncomplicated, futile, or frivolous academic class. This phrase has been seamlessly woven into student vernacular, frequently brandished to tease specific college courses’ oddity or perceived ease. Yet, the question floats: Does the notion of intertwining reeds beneath…

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  • The Rise And Fall Of Blockbuster By Digital Disruption

    The Rise And Fall Of Blockbuster By Digital Disruption

    I can still recall the simple pleasure of strolling down the aisles of a Blockbuster store, scanning through shelves full of VHS tapes or DVDs, and picking out a few to enjoy a movie night at home. Those moments now feel like a distant memory. Blockbuster, once a cornerstone of family entertainment, has become obsolete,…

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  • Netflix & Blockbuster – Case Study Of Disruptive Innovation

    Netflix & Blockbuster – Case Study Of Disruptive Innovation

    It’s rare for a week without me tuning into Netflix to watch something or at least browse its offerings to find my next binge-worthy series. I know I’m not alone in this habit; countless others probably engage in the same routine. That’s why examining the Netflix and Blockbuster case study is so enlightening. It offers…

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  • What Is Disruptive Innovation?

    What Is Disruptive Innovation?

    Before his untimely death in 2020, I had the privilege of attending a speech by Clay Christensen, the renowned American academic and business consultant. One of his most influential contributions was the theory of disruptive innovation. According to his theory, disruption starts when a fledgling company identifies a neglected market segment and introduces a new…

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  • 12 Challenges Of Remote Work And Why It Might Not Be Sustainable

    12 Challenges Of Remote Work And Why It Might Not Be Sustainable

    After COVID ended, I asked my office in Vietnam and China if they wanted to continue remorse work, do a hybrid approach, or come back to the office. They all said we want and need to return to the office; I have found their response to be very different from what many feel in the…

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  • Planning Productivity – Why It Is Essential

    Planning Productivity – Why It Is Essential

    Productivity is the lifeblood of any individual, organization, or business. It defines how well you harness time and resources to create output or achieve your goals. This underlines the significance of having a productivity plan to streamline tasks and work processes. We will delve into the concept of productivity planning. We will explore its importance…

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  • New Sources In Global Trade: Focus On Quality, Price, And Quantity

    New Sources In Global Trade: Focus On Quality, Price, And Quantity

    Sourcing or finding new products and services is the lifeline of any company. The reason is that products and services are constantly changing. For a company to remain relevant, it must constantly look for new products and services. This is because we live in an ever-complex and changing world. Three main things should be considered…

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