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Oil and gas prices affect much more than fuel or logistics. In fact, they influence many industrial materials used in manufacturing. When oil or gas prices rise, energy costs increase. As a result, factories must spend more to produce materials. At the same time, petrochemical feedstock also becomes more expensive. Read more

Introduction Professional procurement does not focus only on unit price. Instead, it focuses on Total Cost of Ownership (TCO). TCO includes raw materials, logistics, inventory, risk, and payment terms. Therefore, buyers must look at the whole supply chain when they want to reduce manufacturing cost. Energy and oil prices can Read more

Introduction to Vietnam Machined Parts Vietnam machined parts support many manufacturing industries. These parts are often used inside larger products. For example, CNC parts may be: components inside a semi-finished product, prototype parts for product testing or finished parts used in production Therefore, machining plays an important role in modern Read more

Many people believe the main goal of Trump tariffs was to reduce the US trade deficit. However, the real objective goes deeper than trade numbers. In reality, tariffs became a tool to reshape global supply chains. Therefore, companies around the world started to rethink their sourcing strategy. Today, buyers focus Read more

Introduction For many years, buyers relied on cheap manufacturing countries to reduce production costs. Low labor costs, cheap energy, and government support helped many factories stay competitive. However, the global situation is changing. Today, wars, energy shocks, and shipping disruptions are reshaping supply chains. As a result, the old model Read more

Introduction Many startups want to launch new products. However, product development and manufacturing often require time and capital. Because of this, many founders start looking at global sourcing. In recent years, Vietnam has become an important sourcing destination. Many international companies now develop and manufacture products in Vietnam. However, successful Read more

Introduction: Why Compliance Is the New Competitive Advantage For many years, global buyers focused on cost. However, after August 2025, compliance will matter more than price. US Customs and Border Protection (CBP) is entering a new enforcement phase. As a result, CBP is targeting tariff evasion, origin fraud, and shell Read more

Introduction For many years, China has been known as “the factory of the world.” As a result, many buyers believe it is impossible to compete with China on price. Some even say competing with China is unrealistic without strong government support. However, this way of thinking is incomplete. Because of Read more

Vietnam has become a strong destination for product development and manufacturing. This is mainly due to competitive labor costs, improving engineering skills, and a wider supplier base. However, many projects still miss cost targets or timelines. In most cases, the problem is not Vietnam’s capability. Instead, buyers often start with Read more