In the world of supply chain management and corporate operations, two terms that are often used interchangeably but serve distinct purposes are sourcing and procurement. Let’s start with the definitions, …
In the world of manufacturing and sourcing, you will need a Bill of Material (BOM) template to maximize transparency and control of your supply chain. Where intricate products are composed …
Distinguishing Cost of Goods Sold (COGS) and Landed Cost in a Supply Chain There are important differences between “landed cost” and “costs of goods sold.” In the context of a …
Product regulatory compliance can be challenging to navigate, but online product compliance tools are available to make the job easier. To assist organizations in this endeavor, a multitude of online …
Interview with international trade leader Leslie Levy August about product sourcing trends and services Empress Brokers International offers to clients. The discussion covers the below topics: – Growing need/trend of …
In today’s global marketplace, effective sourcing plays a crucial role in the success of any company. Sourcing encompasses a range of activities that involve identifying, evaluating, and selecting suppliers to …
Looking for importer training resources? There’s more to importing even beyond an importer checklist. Embarking on the journey of importing goods into the United States can be a complex endeavor. …
In the world of international trade, importers and manufacturers face the challenge of navigating complex regulations and procedures. Among the essential requirements is obtaining a Unique Registration Number (URN), which …
In the last few years, the country of Turkey has been emerging as a leading economic player in manufacturing. With its strategic location, rich history, and cultural diversity, Turkey has …
Tip 1: Take Control – Purchase Direct Do you have full control of your supply chain? Are your purchasing your key inventory items through a third-party? There are significant, empowering …
