Sourcing & Business Tips
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Blogs – Sourcing & Business Tips
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Communism And Productivity – Why It Does Not Work
I have spent a good part of my adult life living and working in socialist or communist countries. One of the things that I have always seen is how strict communist principles and productivity do not mix well together. Communism is the common ownership of production; each person in communist society will get the same
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Home Furnishing Industry Innovation and Trends
Today, with the housing shortage and the cost of housing, many companies and individuals are looking at ways to help solve this issue. They are looking at home furniture and furnishings that can be created to help people live in smaller spaces. Robotic furniture is an innovation in the home furnishing industry. Robotic furniture means
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What Is The Difference Between Fair Trade And Ethical Sourcing?
You may hear fair trade or ethical sourcing when purchasing products from overseas suppliers. Today, ethical sourcing and fair trade continue to be words we see on many different products sold in the United States and worldwide. Fair Trade is an organization that includes partnerships with marginalized and disadvantaged groups worldwide. The purpose of FairTrade
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Don’t Confuse Activity With Productivity & Other Myths
So often think that because we are busy, we are being productive. We may find that we are busy for the sake of being busy. Being busy or having a lot of activities and things to do is not the same thing as productivity. Productivity is when you do those activities and things that help
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What Are The Different Types Of Ethical Sourcing?
Ethical sourcing is a word that is now widely spoken in the global supply chain process. Companies want to ensure they have the correct ethical sourcing methods for their company or brand. Ethical sourcing encompasses the environment, labor protection, safety standards, and social responsibility in the global supply chain. For a company to say they
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Ethical Sourcing And Why It Is Important
One of the new supply chain buzzwords that many people are talking about is ethical sourcing. Many companies are now looking to ensure ethical sourcing set up as part of their supply chain. Ethical sourcing is about a company, brand, corporation, or individual ensuring that their products are obtained through a sustainable and responsible method.
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8 Factors That Affect The Productivity Of A Company
Productivity is an essential economic principle that many countries and companies look at to see how they are doing economically. Though we can look at individual productivity, economic productivity is usually considered for governments and companies. Many factors can affect a company’s productivity, such as management, leadership, technical skills, production, organization, and location. Productivity requires
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10 Key Skills Every Sourcing Professional Needs
Sourcing is an essential part of any supply chain. There are many different attributes and traits that a successful sourcing professional needs. An excellent sourcing professional needs to be someone who can build and not tear down the relationships required to get the products’ quality, price, and quantity that you need. Professional sourcing needs to understand
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What Are The Reasons For Global Sourcing?
Global sourcing is part of the worldwide supply chain process. Global sourcing is when a company purchases parts, products, services, or other things through an international company. Global sourcing continues to be a viable part of the international business supply chain. There are many reasons a company would need to manufacture or produce their products