What Is Reverse Engineering?

Reverse engineering allows you to break down a product and determine how it works. More importantly, reverse engineering is a cost-effective way to develop new projects by incorporating components that are known to work. The absence of detailed information on the “old” components can often delay launching a new project or make it costly. That…

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The Risks of Manufacturing in China

Did you know that the Chinese manufacturing industry is valued at well over $4.2 trillion? It’s no secret that China is the world’s largest manufacturing power, but not many people talk about the risks associated with choosing China, exclusively, as their sole source of manufacturing products. If you want to mitigate risk and provide the best products…

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Why Product Quality Makes or Breaks Businesses

Are you wondering why many potential customers are awarding lucrative contracts to competitors despite your competitive pricing? You might want to review your product quality; this might be what your clients are looking for. The 2022 Deloitte holiday survey notes that American buyers will likely buy fewer products this year. The report cites the cause as reduced…

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Why US Manufacturers Should Move Production Closer

Iconic brands such as Apple, Nike, and Wal-Mart have moved the manufacturing of most of the products they sell overseas. These juggernaut companies have been able to provide United States (U.S.) consumers with affordable products by using China as their primary manufacturing hub. These companies are not alone. Many U.S. based manufacturing companies in a…

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How to Mitigate Supply Chain Risks: New Sourcing Partners

How to mitigate supply chain risks and securing new sourcing partners have become a priority for business executives. Globalization has created vast networks of cross-border commerce vulnerable to catastrophic disruptions. The global supply chain management market reached $16.64 billion in 2021. Despite the drop in 2020, according to market indicators, the size of this industry…

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Why Supplier Quality Is More Important Than Price

When it comes to selecting a good supplier, there are a variety of elements you need to consider. Among them, value for money, a.k.a. product quality, and the price of items, usually make up the critical factors most businesses evaluate before contracting a vendor. If your business is just getting off the ground, it can…

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Supply Chain Constraints and How to Solve Them

A supply chain enables an organization to move products and services from the raw materials stage through the various production stages, storage, distribution channels, and sale to the end-user. A constraint is any factor that limits or restricts a business’s ability to produce or do something. There are four key constraints in supply chain management:…

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Why You Need Reliable Suppliers in a Labor Shortage

It’s a given that in order to have a successful business, you need reliable suppliers. In 2021, more than 47 million workers in the US quit their jobs, so what happens when there is a labor shortage? This article will explore the reason for this shortage and provide some ideas on how to combat it.…

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