Considerations of Global Sourcing
Global sourcing is a viable option for securing materials, components, products or even services for your business. Looking outside of your domestic market can yield a variety of benefits not available through local sourcing avenues. Usually with global sourcing it’s easy to think about manufactured products being produced overseas and transporte ... Read More
February 7, 2018 globalization, logistics, suppliersSMEs and Globalization: A Changing Landscape
Advances in technology over the last two decades have shrunk the world; travel is inexpensive, cross border payments are fast and businesses communicate in real-time. In this era, even small businesses can easily compete on the global stage. The internet has opened up opportunities for small businesses to export their products to foreign markets an ... Read More
July 5, 2017 e-commerce, globalization, small business, SMEs2 Effective Ways to Grow Your SMEs Globally
With ever-growing globalization of the market place, the need to successfully export goods and services overseas is significantly important when it comes to growing your business. With the help of the internet the challenges facing small to medium sized enterprises (SMEs) can be made easier when considering exporting. Here, we will look at two effe ... Read More
June 23, 2017 business success, globalization, inventory management system, SMEsGlobalization and its impacts on small businesses – it’s not all bad
Globalization is a term given to the opening of borders and the increased mutually beneficial relationships between countries so that trade and services may be shared freely. This creates a pretty picture of harmonious alliances after a stronger global economy, and dare we say it, world peace. There are many benefits to increased globalization for ... Read More
June 12, 2017 business efficiency, globalization, small businesses, SMEsSmall-Man-Syndrome: How SMEs can be successful on a global stage
Small and Medium-sized Enterprises (SME) are companies that are independently owned and managed with less than 250 employees in their ranks and bringing in less than 50 million euros per year. The fact is, these companies make up 95% of the OECD (Organisation for Economic Co-operation and Development) and in most countries, they provide 60-70% [&he ... Read More
June 10, 2017 cloud computing, globalization, inventory management software, inventory management system, small businesses, SMEs