Is Your Supply Chain at Risk?
From the pandemic to a ship getting stuck in the Suez Canal, there’s been no shortage of supply chain disruptions recently. Businesses without contingency plans were the hardest hit because of an over-reliance on “just in time” manufacturing. Others because their supply chain was so fragile that the slightest disruption upset things. A smooth, efficient […]
Sourcing Components From Abroad: Risks and Rewards
Sourcing Components Abroad With many risks and rewards that stem from sourcing components abroad, here we will go through the main points so that your business can stay profitable. With the right approach, sourcing products from elsewhere can benefit your business because you can search for quality items at a better value. The Internet has […]
A double hit for supply chains: Brexit and COVID-19
The combined effects of the coronavirus pandemic and Brexit have impacted some business sectors more than others. Take the car industry for example which has been impacted by both of these challenges. Due to COVID-19 consumer demand for vehicles has plunged, trickling through the supply chain. Adding Brexit into the mix a car produced in […]
What’s The Impact of E-procurement on SMEs?
Did you know nearly 6 million small businesses existed in the UK at the start of 2019? If you’ve taken the plunge yourself , you’ll know that keeping a small business afloat can be a massive challenge. Larger more established organisations often enjoy a much bigger amount of working capital, plus technologies and processes to […]
Challenges of Digital Transformation In Construction
Construction companies have long appeared to struggle with embracing the benefits of digital platforms. However, digitisation is here to stay so it’s important to think about why this might be. Consider this common scenario in the construction industry; a company works for many years on designing new software platforms – 5D BIM for example. It […]
Civil Engineering Apprenticeships Soar In UK
There’s been a sizable increase in UK civil engineering-related apprenticeships of late, providing a solid alternative in accessing the profession. It is, after all, no secret that there’s a skills gap in this sector, and attracting a new intake of industry specialists is a challenge. It’s an ongoing problem, which has driven the UK government […]
How Can UK Manufacturers Remain Competitive?
Back in March of this year, the UK manufacturing sector enjoyed its strongest month in more than a year. However, this appears to be due – at least in part – to higher outputs and record levels of stockpiling thanks to the ongoing uncertainty around Brexit. Therefore despite this good news, it’s more important than […]
What Happens With Global Sourcing After Brexit?
Love it or hate it, Brexit continues to impact businesses in all sectors up and down the country. But how will the UK’s departure from the EU affect your business’s relationship with international suppliers? At this moment, no one can be exactly sure. The truth is that the consequences of Brexit will have a ripple […]
Top 10 Questions Asked Around Global Sourcing
1. What is global sourcing? Global sourcing is essentially when a company looks abroad to manufacture or purchase goods or services. It means taking advantage of global efficiencies not found domestically. 2. What are the advantages of global sourcing? There are many advantages to global sourcing, including: Lower manufacturing costs A broader range of suppliers […]
Why Manufacturers Are Missing Out On Global Sourcing
Global sourcing can offer huge benefits to manufacturing businesses, particularly when achieved in conjunction with an experienced global sourcing company like Darian. Production costs can be slashed whilst the quality of the products themselves remains high, which of course can have a very positive affect on a company’s bottom line. However, unfortunately many manufacturing companies […]