Higher tariffs are coming. Canada and Mexico are already facing tariffs of 25%, and China an extra 10%. The potential exists for further increases. Whatever the final tariffs become, don’t expect them to be a minor ripple in the pond. If you’re an importer, they’re aimed at you. Are you
This is a guest post by Justin Knowles, Founder and Principal at Facture. In the world of product development and bringing your own products to market, prototyping is a crucial step that bridges the gap between concept and reality. This article will provide an overview of the prototype development process,
In today’s eCommerce landscape, finding the perfect fulfillment partner can seem like a daunting task for brands. However, innovations in technology are streamlining this process, allowing businesses to connect seamlessly with third-party logistics (3PL) providers. One such platform leading the charge is Slotted. This article delves into how Slotted helps
Mexico, located in North America, shares a long border with the United States and is strategically positioned between North and South America. As a member of the United States-Mexico-Canada Agreement (USMCA), Mexico benefits from duty-free access to the US market, making it an attractive destination for manufacturing. Mexico has a
With international trade in a state of flux, manufacturing companies must stay proactive to remain competitive and resilient. Potential tariff increases in 2025, combined with evolving trade policies, could bring significant cost pressures. By taking preparatory steps now, manufacturers can mitigate risks, adapt to economic changes, and ensure business continuity.
In an increasingly competitive marketplace, understanding the dynamics of procurement is essential for businesses looking to maximize efficiency and minimize costs. One critical aspect of procurement is the minimum order quantity (MOQ), which can greatly influence a firm’s operational strategies and financial performance. This article delves into MOQ benchmarking, offering
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