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Blog@magnipak
Exports

Blog@magnipak

ByUmar Hayat 13/06/202013/12/2022 Exports

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 trends, and international trade, etc. Please subscribe to our newsletter to…

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Dominican Republic-Central American Free Trade Agreement (CAFTA-DR)
Trading Blocs

Dominican Republic-Central American Free Trade Agreement (CAFTA-DR)

ByUmar Hayat 27/07/202127/07/2021 Trading Blocs

The USA and five Central American Nations — Guatemala, El Salvador, Honduras, Costa Rica, and Nicaragua — and the Dominican Republic have developed a consensus to sign a free trade agreement named CAFTA.   A Brief…

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Duties vs. Tariffs
Exports

Duties vs. Tariffs

ByUmar Hayat 31/05/202131/05/2021 Exports

Duty and tariff are the terms used for levies imposed by the Governments on imports and exports. Both terms are often mingled up. These are used interchangeably. The truth however is that there are minor…

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The Importance of Procurement KPIs
Exports

The Importance of Procurement KPIs

ByUmar Hayat 06/04/202106/04/2021 Exports

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 meet expectations as regards delivery and cost-saving. The companies are…

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Why On-Demand Manufacturing?
Business Trends

Why On-Demand Manufacturing?

ByUmar Hayat 31/01/202131/01/2021 Business Trends

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 retailers through whole-sellers. It means that manufacturing essentially has to…

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Pantone Colors of the Year for 2021
Textile Updates

Pantone Colors of the Year for 2021

ByUmar Hayat 12/12/202012/12/2020 Textile Updates

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 mind the famous 50 shades of Gray. The other one…

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RCEP: The Largest Trading Bloc
Trading Blocs

RCEP: The Largest Trading Bloc

ByUmar Hayat 25/11/202027/07/2021 Trading Blocs

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, Australia, and New Zealand. The RECP is the largest trading…

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Understanding USMCA – A shift from NAFTA
Trading Blocs

Understanding USMCA – A shift from NAFTA

ByUmar Hayat 24/10/202027/07/2021 Trading Blocs

  the worst trade deal ever made Above are the comments made by President Donald Trump about NAFTA, during the presidential campaign of 2016. Such was the value of the agreement in the eyes of…

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Pakistan’s Textile Industry – Back on Track
Exports

Pakistan’s Textile Industry – Back on Track

ByUmar Hayat 01/10/202001/10/2020 Exports

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 stands curtailed a bit.  The smart lockdown strategy of the…

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Managing the Supply Chain Risks
Exports

Managing the Supply Chain Risks

ByUmar Hayat 30/08/202030/08/2020 Exports

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 being no exception. The opening of firms after the Pandemic…

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​How to Cut Your Cost on Procurement
Exports

​How to Cut Your Cost on Procurement

ByUmar Hayat 27/08/202014/12/2022 Exports

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 compromising quality, vendor relationships, and delivery schedules. A timely quality…

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Popular Posts

  • Dominican Republic-Central American Free Trade Agreement (CAFTA-DR)
    Dominican Republic-Central American Free Trade Agreement (CAFTA-DR)
  • Duties vs. Tariffs
    Duties vs. Tariffs
  • The Importance of Procurement KPIs
    The Importance of Procurement KPIs
  • Why On-Demand Manufacturing?
    Why On-Demand Manufacturing?
  • Pantone Colors of the Year for 2021
    Pantone Colors of the Year for 2021
  • RCEP: The Largest Trading Bloc
    RCEP: The Largest Trading Bloc

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