Supply Chain

    10 Winning Principles of Wholesale Imports

    10 Winning Principles of Wholesale Imports

    By / March 21, 2013 / 0 Comments

    When manufacturers, resellers or retailers import goods from countries other than their native country, this practice is known as wholesale imports. These imports can reduce your costs as well as improve your competitive advantage. Here are 10 winning principles of wholesale imports: 1. Select markets cautiously – When you are...

    7 Common Misconceptions about Global Sourcing Strategy

    7 Common Misconceptions about Global Sourcing Strategy

    By / March 20, 2013 / 0 Comments

    Global sourcing is the business process of identifying, evaluating, negotiating and configuring supply chains across multiple suppliers and geographies in order to cut cost, improve performance and mitigate risk. The strategy is to seek the right competency at the right cost from the right country or region. The product focus...

    5 Deadly Sins of Bulk Wholesale

    5 Deadly Sins of Bulk Wholesale

    By / October 22, 2012 / 0 Comments

    The bulk wholesale business is one of the most popular formats of business organization. This format can be highly rewarding, if done right. You can make use of various new technologies such as the Internet, email, social media tools, etc., to conduct your bulk wholesale business. However, avoid these 5...

    7 Cost Components of Trucking in the U.S. [Infographic]

    7 Cost Components of Trucking in the U.S. [Infographic]

    By / October 20, 2012 / 0 Comments

    Most businesses use commercial trucks to transport raw materials to their factories or ship finished products. Today’s infographic by thetruckersreport.com is about the actual cost of trucking in the U.S. The average per mile operating cost for the trucking industry is $1.38. The average total annual cost of operating a...

    Top 10 Reasons Why Your Small Business Should Export

    Top 10 Reasons Why Your Small Business Should Export

    By / September 6, 2012 / 0 Comments

    Exports are usually considered the domain of large companies with deep pockets. However, extensive data indicates that it is as beneficial for small businesses to engage in international trade as it is for large companies. The following are the top 10 reasons why small businesses should focus on exports: 1....

    Facts You Should Know about Global Sourcing Strategy

    By / September 4, 2012 / 0 Comments

    Global Sourcing is a procurement methodology wherein large companies or multinationals source material goods, labor or intellectual capital from different geographical areas. The prime goal of global sourcing is to minimize costs while maintaining high quality. Some of the key benefits of a global sourcing strategy, apart from cost advantage,...

    7 Global Sourcing Strategy Facts Every Marketer Should Know

    7 Global Sourcing Strategy Facts Every Marketer Should Know

    By / September 3, 2012 / 0 Comments

    In today’s world, where inflation, housing crisis, fluctuating dollar value and credit defaults have become the norm, cost is no more the only factor influencing global sourcing strategy. Today, the market drivers for global sourcing are different from what they were a few years ago and because of this, global...

    5 Discount Wholesale Missteps that Make You Look Like an Idiot

    5 Discount Wholesale Missteps that Make You Look Like an Idiot

    By / August 31, 2012 / 0 Comments

      Discount wholesale deals can bring in huge savings. But buying through discount wholesalers needn’t always help you save money and time. Discount wholesale deals are not for everyone. Here are 5 discount wholesale missteps that will make you feel like an idiot. 1. Not considering travel expenses Often discount...

    The Evolution of Discount Wholesale

    The Evolution of Discount Wholesale

    By / August 24, 2012 / 0 Comments

    Discount wholesale has evolved over the centuries to take its present form. Here’s a brief summary of the evolution of discount wholesale. Trade in ancient times In ancient times, trade was carried out by barter system. Barter system refers to business where goods were sold not for cash but in...

    5 Hot Bulk Wholesale Trends You Didn’t Know About

    5 Hot Bulk Wholesale Trends You Didn’t Know About

    By / August 23, 2012 / 0 Comments

    Wholesalers play a key role in improving the efficiency of the marketplace. With advances in transportation and telecommunication technology, it has become possible to move many goods quickly and efficiently from one corner of the world to another. Running a bulk wholesale business is not easy. Wholesalers need to be...