Sourcing Management

Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA)
The free trade agreement signed by Indonesian President Prabowo Subianto with the European Union is the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA). On July

Leveraging CAFTA 3.0 and BRI Logistic Hubs for Product and Business Growth
The upgraded CAFTA 3.0, finalized in May 2025, aims to deepen economic ties by covering areas like the digital economy, green economy, and supply chain

Global Carbon Regulations, Pricing, and Emission Reduction Strategies
Global Carbon Emission Regulations and Reporting Requirements Corporations worldwide are now required to calculate and report their carbon emissions due to increasing regulatory mandates. Key

Strategic Cost Optimization in Global Manufacturing: Reducing Tariffs and Enhancing Production Efficiency in 2025
Transport in the Fabrication of Manufactured Parts Manufacturing mechanical, textile, or industrial products typically involves multiple transportation stages, including: 1. Raw Material Procurement – Transport

New Tariff and Importation Policies Under Trump Administration”
As of March 1, 2025, President Donald Trump’s administration has implemented several tariffs affecting imports from various countries across different continents. Below is a summary

Mitigating Rising Inflation and Supply Shortages in 2025 & Beyond
Reducing the impact of ramping inflation and multi supply shortages in 2025 while managing costs in key areas will require a comprehensive, multi-source approach. By

Global Sourcing and Transport Cost Analysis: Risk Assessment and Strategic Trade Routes
The Silk Road has evolved into multiple global trade routes connecting China and ASEAN countries with key markets in the Americas, Europe, and Africa. Several

Tariff on importation vs Trade agreement
When a government imposes tariffs on imported goods, it is essentially taxing foreign products, making them more expensive for domestic consumers and businesses. This action

Common markets and regional trade blocs around the globe
There are several common markets (or regional trade blocs) around the globe, which are formed by countries that aim to reduce trade barriers, facilitate economic

Mercosur also named “common market of south countries” what are the Pro and Cons here?
Mercosur (Southern Common Market) is a regional trade bloc in South America formed to promote economic integration among its member countries. Its impact varies across

Central American Integration System (SICA)
1. Introduction The Central American Integration System (SICA) is the institutional framework for regional integration in Central America. It was established to promote peace, democracy, and economic

The East African Community (EAC) – An Overview
1. IntroductionThe East African Community (EAC) is a regional intergovernmental organization aimed at fostering economic, political, and social integration among its member states. It promotes cooperation in

ASEAN Trade in Goods Agreement (ATIGA) from May 2010, benefits for ASEAN economy
ATIGA stands for the ASEAN Trade in Goods Agreement. It is a regional trade agreement among the member states of the Association of Southeast Asian

Regional Comprehensive Economic Partnership (RCEP) Agreement Benefits For ASEAN
Since the 2nd of November 2021, fifteen of the ASEAN Member States have Ratified and provided their Acceptance of the Regional Comprehensive Economic Partnership (RCEP),

CEPA signed the 16th of December 2018 between Indonesia & EFTA
The Comprehensive Economic Partnership Agreement (CEPA) between the European Free Trade Association (EFTA) and Indonesia is a trade agreement aimed at fostering closer economic ties

What is the International Traffic in Arms Regulations (ITAR)
ITAR (International Traffic in Arms Regulations) is a set of regulations that govern the export and import of defense articles and services in the United