On April 2, 2025, President Donald Trump announced a series of comprehensive tariff measures aimed at addressing longstanding trade imbalances and promoting domestic manufacturing. Termed "Liberation Day," these policies introduce a universal 10% tariff on all imported goods, alongside higher, country-specific tariffs targeting nations with significant trade surpluses with the
When it comes to building a business or undertaking a large-scale project, a procurement agent plays a vital role in ensuring that all materials, goods, and services are procured efficiently, cost-effectively, and within the specified timeframes. The procurement process requires more than just purchasing products; it involves strategic planning, negotiation,
China is the global hub for manufacturing and product sourcing. But finding a reliable sourcing agent in China—someone who understands the local landscape, speaks the language, and negotiates on your behalf—is the key to business success. Without the right sourcing partner, you risk delays, miscommunication, and low product quality. This
Hospitality procurement is more than just buying products—it's a strategic function that directly impacts customer satisfaction, brand consistency, and operational efficiency. In particular, furniture procurement plays a pivotal role in defining guest experience, aesthetics, and durability in hotels, resorts, and restaurants. This guide focuses on helping you find and
When starting or growing a business, finding reliable suppliers is crucial. The right suppliers not only provide quality products at competitive prices but also ensure timely delivery and a good long-term relationship. Whether you're sourcing domestically or globally, effective supplier sourcing can significantly impact your business operations and customer satisfaction.
Procurement plays a critical role in any business, as it ensures the acquisition of goods and services necessary for operations. However, not all procurement roles are the same. The terms procurement agent, procurement specialist, and purchasing manager are often used interchangeably, but they refer to different job roles
In today's competitive global economy, businesses are constantly looking for ways to reduce costs, streamline operations, and improve supply chain efficiency. One increasingly popular strategy is hiring a sourcing agent. These professionals help companies find the best suppliers, especially in countries where language, culture, and logistics might pose challenges.
As of March 2025, around 8.4% of the global container fleet—about 2.65 million TEUs—are delayed due to ongoing port congestion. Major ports in Asia, Latin America, and North America, especially on the U.S. West Coast, are still facing heavy backlogs, with vessels waiting up to 14–21 days. This congestion
The procurement process is a critical component of any organization's operations, ensuring that goods and services are acquired efficiently and cost-effectively. From sourcing suppliers to managing relationships, this step-by-step guide will walk you through the key stages of procurement, highlighting the role of procurement specialists, and how businesses can
3D Printing and On-Demand Manufacturing aren’t just cool tech buzzwords—they’re transforming e-commerce, and if you’re not paying attention, your competition is. Launching or scaling an e-commerce store? Finding the right manufacturer is a crucial step in product sourcing and companies like Zignify Global Product Sourcing excel at helping businesses
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