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Vietnam Sourcing Supply Chain, here is our advise: If you want to make significant improvements to your supply chain strategy, you examine it from the top down. Although this task seems tedious and time consuming, it’s going to reveal areas of improvement that will most likely improve profits. Here are the five tips: Tip #1 – Connect Your Business Plans and Supply Chain Strategies If you can do this initially, it means you’ve got enough Read more

Using an overseas sourcing company can help businesses to a get a return of up to 25 percent. Plus, it contributes to the reduction of the overall costs of running your businesses and improves your profit margins. These savings can be extended to consumers as the products become more affordable to them. In turn, your customers will spend more money to buy your products. Over time, this helps to make the economy of a country healthier. Read more

COVID-19 disrupts global supply chain Vietnam Global Supply Chain. It has been nearly half a year since the outbreak of COVID-19 pandemic, which significantly impacted the global supply chain and continues to affect businesses with worldwide operations. Due to global interconnectedness, all economies are tremendously affected, except maybe North Korea. The COVID-19 pandemic first started in China — the world’s biggest manufacturing hub, which caused many manufacturing facilities in China to be closed for a Read more

The COVID 19 pandemic made 15% of companies to cut production. Textile industry were most heavily impacted with 1.2 million jobs affected. Shortly, the Vietnamese government promptly made important decisions to scope with a global economic downturn. Which helping Vietnam’s economy and manufacturing industry still hold out after the pandemic. Many Vietnamese companies have shifted their business to producing masks, exporting personal protective equipment and protective equipment to countries affected by The COVID 19 pandemic. Japan launched a US Read more