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  2. Cost reduction - Wikipedia

    en.wikipedia.org/wiki/Cost_reduction

    Cost reduction is the process used by organisations aiming to reduce their costs and increase their profits, or to accommodate reduced income. Depending on a company’s services or products , the strategies can vary.

  3. Global sourcing - Wikipedia

    en.wikipedia.org/wiki/Global_sourcing

    The global sourcing of goods and services has advantages and disadvantages that can go beyond low cost. Some advantages of global sourcing beyond low cost include: learning how to do business in a potential market, tapping into skills or resources unavailable domestically, developing alternate supplier/vendor sources to stimulate competition ...

  4. Low-cost country sourcing - Wikipedia

    en.wikipedia.org/wiki/Low-cost_country_sourcing

    Low-cost country sourcing (LCCS) is procurement strategy in which a company sources materials from countries with lower labour and production costs in order to cut operating expenses. [citation needed] LCCS falls under a broad category of procurement efforts called global sourcing. The process of low-cost sourcing consists of two parties.

  5. Trade facilitation and development - Wikipedia

    en.wikipedia.org/wiki/Trade_Facilitation_and...

    There are important gains to lowering trade costs and facilitating trade with some variation across countries and sectors (Francois et al., 2005; OECD, 2003). Several studies have focused on the impact of trade facilitation on the micro-level (OECD, 2005). They observe that in some developing countries inefficient trade regulations, documents ...

  6. Trade facilitation - Wikipedia

    en.wikipedia.org/wiki/Trade_facilitation

    The trade facilitation objectives were introduced in the international agenda basically because of four main factors. [6]1) The successful implementation of the trade liberalization policy within the WTO frameworks caused the significant reduction of tariff and non-tariff barriers, that is common for developed countries (the average rate of customs duty from 4,5% to 6,5%, the share of duty ...

  7. Supply chain management - Wikipedia

    en.wikipedia.org/wiki/Supply_chain_management

    Because supply chains may account for over 75% of a company's carbon footprint, many organizations are exploring ways to reduce this and thus improve their profile. For example, in July 2009, Wal-Mart announced its intentions to create a global sustainability index that would rate products according to the environmental and social impacts of ...

  8. 7 best investing platforms for 2025: Low-cost options to put ...

    www.aol.com/finance/best-investment-platforms...

    SoFi was founded in 2011 as a student loan refinancing company. In 2019, SoFi — , short for Social Finance — expanded into investment services, offering a user-friendly platform to new investors.

  9. Trade Adjustment Assistance - Wikipedia

    en.wikipedia.org/wiki/Trade_Adjustment_Assistance

    Trade Adjustment Assistance for Firms provides import impacted companies with professional guidance, business recovery plan development, and cost-sharing for outside consulting services. Eligibility is established along similar lines, with companies showing that there has been a recent decrease in sales and employment, in part due to customers ...