Topic: insider

How To Pick The Right Overseas Manufacturing Company For Your Business

October 9, 2019

Insource v. Outsource… Domestic v. Global… Direct Source v. Work Through an Integrator… High Minimums or Commit to a Stocking Plan?  These are the questions that continually challenge a one-person do-it-all to the most sophisticated purchasing & sourcing teams.  What’s the right solution for my company? 

If you’ve waded through the murky pools of the above questions and have come to the conclusion that global sourcing is right for your company, the next question is how to identify the right partner to ensure you accomplish your goals.  Whether those goals are tied to cost decreases, reduction of supply chain lead-time, reduction of on hand inventory or supplier rationalization, choosing the correct manufacturing company is critical.  Below we’ll walk you through the steps to ensure your success:

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The Pros and Cons of Global Sourcing

September 4, 2019

Would your business benefit from global contract manufacturing?  Outsourcing production to low labor cost countries such as China, India, or Taiwan could save your business plenty of money, but it can also pose many, many challenges.  We've outlined below the pros and cons of outsourcing so you can decide if it makes sense for your business.

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How Global Contract Manufacturers Create Working Capital for Customers

August 5, 2019

Cash is king!  Now more than ever sourcing leaders are being tasked with doing everything possible to increase their company's working capital.  One way to ensure this happens is through the use of a global sourcing integrators.  Below are four ways that the right integrator can ensure an increase in working capital to its customers.

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Tariff Avoidance: 8 Low-Cost Global Sourcing Alternatives to China

July 1, 2019

 
With the rising tariffs and pending trade war with China, many U.S. manufacturing companies are looking at other countries for strategic sourcing solutions.
 
Many other countries offer similar lower wages and the same or better quality materials as you would find in China. While many businesses have been outsourcing production to China for years, the increasing tariffs associated with the trade war may prove too costly for some.
 
Below we've outlined eight alternative low-cost countries to China.
 
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