Sourcing & Business Tips
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Blogs – Sourcing & Business Tips
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About The North Carolina High Point Furniture Market
If you are new to the furniture or home furnishing industry, you will hear about some of the furniture shows. One of the significant furniture shows is the North Carolina High Point Furniture Market. The North Carolina High Point Furniture Market is the world’s top furniture market. If you want to attend a market where…
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Interesting Origin Of How Much Wood Would A Woodchuck Chuck?
Most people who grow up in the United States have heard the phrase “How much wood would a woodchuck chuck?”, This phrase is known as a tongue twister. The American tongue twister “How much wood could a woodchuck chuck?” comes from a 1902 song made for the Broadway play Runaway. The Runaway is no longer…
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What Is Quietly Quitting? 8 Reasons Why It Is a Bad Idea
A new trend is taking over the working world called “quietly quitting.” This new operating trend has been taking the world by storm. Quietly quitting is when workers decide they will do no more than what is required. They decide that they will do the bare minimum. Quietly quitting started in China and was known…
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Why Global Supply Chain And Sourcing Is Not Dead? 11 Reasons Why
I have heard some talk on the news and other places that Covid has ensured that Global Sourcing is now dead. I do not believe that Global Sourcing is still alive and well. There are many reasons why Global Sourcing and the Global Supply Chain are not dead. Everything from the cost to selling products…
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Realities Of Living And Working Overseas
Many people want to live and work overseas but do not fully understand the realities of living and working overseas. Many think living overseas is cheaper or better than living in their own country. The truth is that living and working overseas can have benefits, and there are things you will pay more for and…
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When Retailers And Vendors Do Not Coordinate Their Supply Chain Management
Retailers and vendors must find ways to coordinate their supply chain management. If they do not do this, it can mean a loss for both the vendors and retailers. When retailers and vendors do not coordinate their supply chain management, there can be chaos in the supply chain that can affect everyone. What happens in…
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High Point Furniture Market, Insider Tips And Guide
I recently returned from the High Point Furniture Market after a 2 years absence. While I was on the plane, a woman next to me asked if I had any tips for her for the market as she was attending the market for the first time. I have attended the High Point Furniture Market twice…
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Purchasing & Strategic Sourcing, Differences Explained
One of the challenges for anyone in the global supply chain is understanding the differences between purchasing and strategic sourcing. The two can seem similar, but there are some differences. Purchasing is usually focused on just the price and not all the aspects of the supply chains, as bringing in a supplier they can work…
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Strategic Sourcing – The Seven Major Steps Easily Explained
In today’s competitive environment, many professionals are looking at how to add value to their supply chain. Everyone wants to optimize costs while getting the highest quality product at the same time. There are seven significant steps in strategic sourcing, and each phase is designed to help you make the best strategic sourcing decision possible.…
