Tag Archives: Global Sourcing

hanjin container ship

What Happened to 7th Largest Logistics company Hanjin?

You might have heard that one of the largest logistics company in the world “Hanjin”, recently filed for receivership. If they declared bankruptcy, this  would be the largest ever bankruptcy for a container ship carrier. Hanjin Shipping has an estimated carrying capacity of 600,000 TEU‘s and is the world’s seventh largest container ship carrier. Most

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Strategic buying of finished goods and raw materials from overseas suppliers, global procurement to minimize buying costs.

Alibaba vs Strategic Sourcing Companies

Lately I was presented with the question ‘why use a strategic sourcing company as a middle man and not go direct using companies like Alibaba.com?’ The question does make sense for Alibaba is an advanced platform to connect international suppliers with customers. However, its job is merely that, presenting the buyers with companies willing to

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