|Faisalabad - Pakistan |
Blog@magnipak
Blog@magnipak is our way to share the most relevant industry-related information, news, and updates. Our BLOG covers a variety of topics relevant to textiles, industry…
DR-CAFTA – Free Trade Agreement
The Dominican Republic-Central America Free Trade Agreement (DR-CAFTA) is a major milestone in establishing free trade. It will create economic cooperation among countries in the…
Duties and Tariffs
Duties and tariffs are the terms for levies that the Governments impose on imports and exports. These terms are usually interchangeable for a layman. The…
The Importance of Procurement KPIs
The markets are ever getting sophisticated and complicated with every passing day. The Covid-19 has aggressively affected competitiveness. The procurement departments are under stress to…
Why On-Demand Manufacturing?
Manufacturing traditionally was an activity of producing goods, storing them in warehouses, and supplying them to distributors. The distributors then are responsible for supply to…
Pantone Colors of the Year for 2021
It is the second time that the Pantone Color Institute has announced two colors of the year: One is PANTONE® 17-5104 Ultimate Gray, a color bringing to…
RCEP: The Largest Trading Bloc
A new emerging Regional Comprehensive Economic Partnership (RCEP) consists of 10 members of the Association of Southeast Asian Countries (ASEAN), including South Korea, China, Japan,…
Understanding USMCA – A shift from NAFTA
the worst trade deal ever made Above are the comments made by President Donald Trump about NAFTA, during the presidential campaign of 2016. Such…
Pakistan’s Textile Industry – Back on Track
All indicators show that the textile industry of Pakistan is recovering from the worst. The global buyers are back in business after the corona Pandemic…
Managing the Supply Chain Risks
The year 2020 started with the Corona Pandemic, closing the world for months. It was an unpredictable situation for all business activities, the supply chain…
How to Cut Your Cost on Procurement
The procurement is among the significant areas where companies are making hefty expenses. A prudent Chief Procurement Officer (CPO) can cut the procurement costs without…