Factory direct sourcing
Factory Direct Sourcing refers to a procurement strategy where a company purchases goods or services directly from the manufacturer or producer, bypassing intermediaries such as wholesalers, distributors, or agents. This approach is particularly relevant for importers sourcing from Asia, where supply chains are complex, competitive, and require precise management. By eliminating unnecessary layers in the […]
Supply Strategy
In today’s complex global economy, a strong Supply Strategy has become one of the most critical elements of business success. More than just a plan for buying materials or managing logistics, it defines how a company secures, manages, and delivers the goods and services it needs to operate efficiently. In 2025, as supply chains stretch […]
Supplier Relationship Management (SRM)
What is SRM (Supplier Relationship Management)? Supplier Relationship Management (SRM) is the strategic discipline for evaluating, governing, and improving how a company collaborates with its suppliers of goods, materials, and services. Beyond purchase orders and price negotiations, SRM builds mutual value through structured partnerships that raise quality, lower total cost of ownership, reduce risk, and […]
Landed Cost
Landed Cost refers to the total cost of a product once it has arrived at its final destination, going far beyond the initial purchase price. It includes all expenses incurred along the supply chain, such as transportation, customs duties, taxes, insurance, and handling fees. In today’s globalized trade environment, accurately calculating the landed cost is […]
Incoterms
Incoterms, short for International Commercial Terms, are standardized trade rules developed by the International Chamber of Commerce (ICC). They define the responsibilities of buyers and sellers in international trade contracts. Incoterms clarify: Who is responsible for transportation and insurance Who handles customs clearance The exact point at which the risk of loss or damage transfers […]
Ethical sourcing
In a globalized world where supply chains span multiple continents, ethical sourcing has become much more than a mere trend: it is a strategic and moral necessity. In 2025, consumers, regulators, and investors demand increased transparency and accountability from companies. Ethical sourcing, or ethical procurement, is defined as the process of identifying, evaluating, and selecting […]
