In the choice between layoff of Buying versus Sourcing professionals, in the current situation, it seems the sourcing teams have been on the wrong side of the fence.
Sourcing
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The last few months have been a roller coaster ride for the industry, as one country after the other restored to lockdown as a protective measure against the spread of the pandemic. So, how did the sequence of crises unfold and what were th
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Government’s unstable rules and regulations, as well as the reluctance to support even on small issues are making the situation all the more challenging for buying houses – issues like shipping the goods at the ports, dilly-dallying the
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While exporters claim that H&M and Bestseller are imposing certain conditions on them that are not possible to fulfil, these brands reiterate that they are supporting their vendors. Who is telling the truth?
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Buyers may be cancelling orders in the pretext of the 'force majeure' clause, but the industry is waking up to the reality that they are actually running away from their responsibility.
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Retailers who do not wish to let off money from their reserves are restoring to various gimmicks, putting huge financial burden on suppliers.
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"Use webinars as marketing tools, and keep motivating the buyers as well as suppliers." Read on for more suggestions shared by few well-known buying agents and industry experts…
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Two of India’s biggest buying offices – Triburg and Asmara have been very transparent in sharing their information and the open letters to their employees have been trending in industry circles.
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In conversation with Thomas Linemayr, CEO, Tchibo, as he shares his company's growth strategy and the sourcing experience from India…