Challenges for Sourcing Strategies-Global Sourcing 2.0
Global Sourcing 2.0 will define the response of Procurement and Sourcing Teams to another year of volatility. Inflationary pressure continues to build and the business need for Environmental and Supply Chain Risk management gains momentum, …
Canton Fair: A Tipping Point for Global Sourcing?
The 133rd Canton Fair will open in April as China Factory output accelerates, supporting an upturn in China Sourcing but does demand remain subdued? Dogged for months by shortages of raw materials, labour instability, a difficult Covid policy, quickening inflation and weakened consumer demand, the world’s industrial engine is still struggling to fire on all cylinders. For many weeks, anticipation has been running hot that China’s reopening would bring a tangible economic lift across Asia and perhaps the rest of the world. That day seems to have finally arrived, with purchasing managers’ indices — especially from China, but also beyond — showing …
Ethiopia-Sourcing Opportunities for Textile and Garment Industry
Textile and Garment Industry Growing Sourcing in Ethiopia Ethiopia’s sourcing opportunities for companies in the textiles and garments industry have been steadily growing, reaching $171m in exports, but it has taken a major hit from the onset of the pandemic followed by the Tigray civil war in the north. Will it be able to weave its way back to its former glory? Located in the Horn of Africa, landlocked bordered by five countries and split by the huge Rift Valley. Ethiopia is Africa’s oldest independent country, a founder member of the United Nations and the has the second-largest population (after …
Malaysia Sourcing: Asia Manufacturing
Malaysia sourcing is a great alternative for any sourcing strategy, but what are the opportunities? Overview Malaysia Sourcing is a unique opportunity. Located between two and seven degrees north of the Equator between the Andaman and South China Sea, Malaysia is formed by 13 states. A population of over 33m people live on the islands that are 60% covered by Rain Forest. Its landmass is similar in size to Germany, Norway or Finland. Economic development: Malaysia has the third largest economy in South East Asia .Since gaining independence in 1957, Malaysia has successfully diversified its economy from one that was initially …
WEF Davos 2023 – The Takeouts
Davos 2023 has once again welcomed Government ministers, business leaders and other powerful individuals back to the Swiss mountains to talk about global economics. Obviously with good intentions in mind (and the amount of personal PR) but what were the talking points? Davos 2023 always draws in the crowds; whether it be politicians, business leaders or multitude of journalists looking for a sound bite. As we approach our fourth year since the Pandemic took hold across global markets, we have lived through what feels like a series of crises. The War In Ukraine, inflation and energy price hikes …
Sourcing Trends for 2023
Sourcing Trends for 2023 still sit in the shadow of Covid-19, although with an exit strategy in sight, there are now other considerations for any sourcing strategy. Introduction For the third year running, amazingly the Pandemic is still a part of the conversation when looking forward into 2023 as it is currently unleashed in China; the final frontier of Covid restrictions. I do not think anyone would have anticipated the disruption that this Virus has caused, and the lingering impact it has had back in 2020 (not even our predictions did!). The good news is that now – barring any …
Quality and Compliance Critical for Brand Growth
Quality and compliance have become an essential components for any Brand’s growth, but how this is managed? Compliance is becoming critical for brands and corporations to get right. Quality teams are wrestling with the growing business challenges they must address to support their organisations growth ambitions. This is at a time when supply chain complexity is increasing so the need for robust quality assurance and compliance process has never been more important. Companies that are able to digitise the data collected via their quality functions and use this to their advantage will be able to both monitor product quality, …
Mexico Trade boom: Near Shoring US supply chains
Mexico’s Export growth driven by Near Shoring opportunities Mexico: Second largest economy in South America With a population of almost 130 million, a rich cultural history and diversity, and abundant natural resources. The World Bank assess Mexico as among the 15 largest economies in the world and the second largest economy in Latin America. The country has strong macroeconomic institutions, and it is open to trade. Bloomberg in their recent post regarding Mexico’s export growth identifies the key elements driving Mexico’s export growth. Its openness to trade, geography and sophisticated manufacturing base US demand for industrial goods from …
COP27: A Success or Failure?
COP27 ended a day later than planned with a mix of frustration and hope. In the concluding part of our review of COP27, we look at what was agreed and whether this built on the positive commitments from COP26. The 27th United Nations Climate Conference (COP27) ended on the Sunday morning with researchers largely frustrated at the lack of ambition and commitment to phase out fossil fuels. This was a key target at the outset but unfortunately there is a clear delineation at State level when it comes to both reliance on this energy source and economic benefits. Notably, COP28 …
COP27: The Power of Purchasing To Reduce GHG Emissions
Overview: Cop27, the latest edition of the Conference of Parties on climate change, took the usual gathering of Politicians, CEOs, Environmentalists and diplomats from Glasgow to the (slightly warmer) Red Sea Port of Sharm El Sheik. The aim was to build on the commitments made In Glasgow and make a tangible difference to the current climate change trajectory. COP27 As Is usual, the opening salvos of Politicians and World Leaders open the event with high level and well meaning Intentions. The real work kicks off once melee of Leaders get back on their planes (a sail boat would …
About Us
Latest News
