Business Topics

Import tax, also known as customs duty, is a tax levied by the government on goods imported into the country. They are calculated as a percentage of the value of the goods…

Product certification commits to quality and safety. Product certification also called product qualification is the process of certifying that a product has passed performance tests and quality assurance test. It must also…

What are the many ways of Sustainable Manufacturing for Your Product? There are many case studies of companies that have come to the realization that the environment and society are intricately linked….

Risk management in manufacturing refers to many of the unique challenges that the industry faces. „The essence of risk management lies in maximizing the areas where we have some control over the…

Ethical manufacturing puts the environment, workers and consumers first. It gives consumers peace of mind knowing that the products they are buying have been made ethically and sustainably. For businesses, it can…

About German Sourcing Agencies A German sourcing agency works outside your company and finds you the best manufacturer or supplier for the products you need. There is no need to hire a…

In recent years, there have been many challenges in sourcing products from China to the UK, Lithuania, Germany, Italy, France and other EU countries. Due to the past pandemic, many companies have…

The Effects of Exchange Rates on China Imports A factor that is often overlooked in trade between China and the European Community or the United Kingdom is the value of the yuan…

The new product introduction process, also known as NPI, is the lengthy process that takes a product from idea, through research and development, to mass market launch. Why is New Product Introduction(NPI)…

Businesses come in all sizes and therefore a sourcing strategy can not be defined that will fit everyone. Secondly there may be different economic factors depending on the country you live in…