For as long as most of us can remember, whether we were buying phone accessories, socks, or even souvenirs of very British landmarks, chances are they were made in China. With Western companies being offered generous incentives to relocate their manufacturing here –...
Logistics – they’re about getting an item from A to B as quickly and reliably as possible, right? The modern logistics arena, however, involves much more than just delivering a product. Increasingly, it’s about delivering a tailored, personalised experience along with...
Over the past year, the UK economy has been on quite a rollercoaster ride, marked by fluctuations in GDP, inflation, and interest rates. While the outlook for the economy as it emerges from this tumultuous period [as at May 2024] appears cautiously optimistic,...
Of all the variables that affect global commerce, the one that has consistently proven itself to be the most nerve-wracking and difficult to predict is the price of fuel. With fluctuating fuel costs impacting every section of the economy, if a news headline so much as...
Consisting of an estimated 11,492 active providers, the Managed Service Provider (MSP) sector is a significant contributor to the UK economy. According to research published by the Department for Science, Innovation and Technology (DSIT), the MSP sector generated a...
When it comes to inventory management and production planning, there are two contrasting supply chain models: Just-in-Time (JIT) and Just-in-Case (JIC). The JIT strategy emphasises efficiency and cost reduction by producing goods only when they are needed, minimising...
