Home » Blog

Blog

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 trends, and international trade, etc. Please subscribe to our newsletter to get the content delivered directly in your inbox.

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 meet expectations as regards delivery and cost-saving. The companies are always searching the avenues for improvements to ensure efficient procurement. Making the procurement process sustainable… Read More »The Importance of Procurement KPIs

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 retailers through whole-sellers. It means that manufacturing essentially has to be a mass-production activity taken as a large scale industrial phenomena.  The Concept  Though the… Read More »Why On-Demand Manufacturing?

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, Australia, and New Zealand. The RECP is the largest trading bloc in the world, covering about 30% of the world’s trade volume. The new pact,… Read More »RCEP: The Largest Trading Bloc

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 being no exception. The opening of firms after the Pandemic is facing other challenges like weather insurgencies and severe storm season.  Research by North Carolina… Read More »Managing the Supply Chain Risks