OEM & ODM Practice
The OEM & ODM Practice boost your retail business Traditional sourcing practices are outdated. Advanced technology, digitalization, and IT infrastructure empower especially retailers to engage in e-sourcing rather than playing a passive role within the supply chain. The shift affects all participants and everyone is challenged to respond by transforming operational processes. As result, you […]
E-Sourcing Process
The E-Sourcing Process an opportunity for retailers In our previous blog post we discussed the role of warehouses and showed that sourcing processes evolve within the supply chain. At that period of time suppliers needed to manage and maintain their stock in large warehouses and engaged directly to wholesalers only. Those traditional warehouses and the […]
E-Sourcing
E-Sourcing the approach to global markets E-sourcing is a type of procurement strategy enabling companies to connect, screen and shortlist suppliers. As result companies do not need to be present at the same location nor at the same time which improves efficiency tremendously. The definition of e-sourcing: “The sourcing process enabled with the appropriate web-enabled, […]
Digital Culture Mindset
Digital Culture Mindset as pre-condition to determine success If we talk about the importance of digitalization for companies, we find three types of behavioural patterns: 1. Passive Implementation The global online market is a result of the implementation of digitalization and technology in business processes, a permanent evolution of the market itself. Companies of this […]