Sourcing & Business Tips
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Blogs – Sourcing & Business Tips
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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…
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8 Reasons Productivity Makes You Happy
Productivity is one of those things that many of us think about. Each day, we wonder if we are accomplishing something or moving ahead and being productive. There are many ways that productivity can help to make you happy. Studies have shown that some of the most productive people are also the most content. Productive…
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Top 9 Benefits Of Global Sourcing
Global sourcing is when a company purchases products from overseas. Many companies enjoy the benefits of buying and sourcing their products globally. There are many benefits for companies to source their products and even services globally. Sourcing their products globally usually allows them to buy a product with the design, price, quality, and quantity they…
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Impact Sourcing And Why It Is Important
One of the new buzzwords that many people are talking about is Impact Sourcing. It is about looking at ways business decisions can help to alleviate worldwide poverty. Impact Sourcing is part of the Business Process of outsourcing; it looks at how a company can employ socially and economically disadvantaged employees as their principal workers. Impact…
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Machine Learning and Artificial Intelligence Explained
The new buzzwords today are artificial intelligence and machine learning. The terms machine learning and artificial intelligence are many times wrongly used interchangeably. AI is best defined as the broad science that is used to mimic human activities. Machine learning is a subset of AI that trains the machine to learn through data and pattern…
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Can I Copyright My Furniture Design?
Many designers wonder if they can copyright their furniture designs or if they should try to get a trademark on them. Both of these laws can be a bit complicated. To copyright, your furniture design product must be in tangible form. A tangible design has copyright protection, but if you want to bring a case…
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How Do Information Systems Support The Supply Chain?
Anyone in the supply chain knows and understands that information systems are critical to the supply chain. Information systems provide the basis for the supply chain to make the correct decisions. Information systems and the information we can obtain are critical in any supply chain. For correct decisions to be made, we must have and…
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What Are The Major Benefits Of Strategic Sourcing?
The new buzzword in sourcing or procurement is strategic sourcing. Strategic sourcing is a process that helps suppliers to source their products efficiently. Never underestimate the proper use of the strategic sourcing process in your supply chain. Strategic sourcing is a significant benefit to all stakeholders within the supply chain. Strategic sourcing forces all stakeholders…