Blog
You are ready to expand your business to Asian markets. But, you are unsure about setting up a foreign subsidiary or foreign branch. Yes, it is a complex decision. However, liability-wise, setting up a foreign subsidiary in Vietnam is a wise ...
For new and small businesses, outsourcing is a game changer. If you own such a business, you should know how to form a successful outsourcing relationship with your services provider.
Outsourcing opens up many opportunities for you. It gives you access to ...
Globalwits consultancy services provides one window solution to all your logistics needs with the best rates and great customer experience!
Being your all-in-one logistics solution provider.
We are offering your business a commitment of unique expertise,customer experience and integrated services.
When is a Pre-Shipment Inspection Conducted?
When is a pre-shipment inspection conducted? This is a crucial question in international trade. A pre-shipment inspection (PSI) ensures that products meet the agreed-upon quality and quantity standards before they are shipped to the buyer. It helps ...
Sourcing products from Mexico has become an increasingly strategic option for businesses seeking to optimize their supply chain, reduce costs, and ensure high-quality outputs. The country’s close proximity to the United States, coupled with its manufacturing base and skilled workforce, makes ...
A Pre-shipment Inspection (PSI) is a process that mitigates import risks by ensuring that products meet buyer specifications before shipment. This inspection checks for defects and verifies that the products adhere to the quality and safety standards of the destination market. This proactive ...
Engaging in international trade with China can be highly rewarding, given its status as a global manufacturing hub. However, building and maintaining reliable supplier relationships are crucial to business success. One effective way to ensure the credibility of your suppliers is ...
In this article, Globalwits consultancy services provides a detailed explanation of a key tool: the "5 Whys". How did it originate? What is its fundamental role in problem analysis and process improvement?
Introduction
A critical element in a management system is continuous improvement. ...
The journey of a product from supplier to buyer is fraught with potential obstacles and misunderstandings. Central to navigating these challenges and ensuring a smooth transaction is the pre-shipment inspection report. This document not only serves as a testament to the ...
In today’s medical device market, ensuring high-quality products and services is crucial for a competitive edge. This is especially true for companies operating in the medical device industry, where product quality directly impacts patient safety and regulatory compliance. To achieve and ...
An ESG audit evaluates a company’s environmental, social, and governance performance. It is a comprehensive way to ensure a business operates responsibly and sustainably. Having a structured audit checklist is crucial to companies looking to improve their ESG performance.
A well-designed ESG ...