At NovaLink, we understand the challenges faced by businesses when it comes to fulfilling orders and managing customs duties and tariffs. In this comprehensive guide, we will provide you with valuable insights and strategies to legally avoid duties and tariffs using Section 321 of the U.S. Customs and Border Protection regulations. Our goal is to […]
Supply Chain
Bain and Company: Is Your Supply Chain Ready for a Nafta Overhaul?
“But waiting for a clear sense of the future is the riskiest option. Successful companies thrive in uncertainty by incorporating change into their strategy process. Leadership teams can limit the negative consequences of Nafta withdrawal and currency moves by adopting an approach that anticipates a range of future scenarios. This approach also applies to companies […]
Value in Supply Chains: 6 Key Metrics
Supply chains are complex networks of organizations, processes, and resources that are responsible for the efficient movement of goods and services from suppliers to customers. To ensure the success and competitiveness of supply chains, it is crucial to uphold each key value in supply chains that drive excellence and contribute to overall business performance. Value […]
Streamlining Success: The Importance of Effective Manufacturing Inventory Management
Manufacturing inventory management is a crucial aspect of any successful manufacturing operation. Effective inventory management can help businesses optimize their production schedules, reduce costs, and improve customer satisfaction. However, for small and medium-sized businesses with limited resources, managing inventory can be a significant challenge. This is where nearshore manufacturing partners like NovaLink can help. In […]
Why Vietnam’s Manufacturing Industry is Facing Similar Challenges to China’s [2024]
Manufacturers are seeking to relocate their operations to a new location amid the exodus of businesses manufacturing in China. Vietnam is one of the most popular alternative destinations, which manufacturers view as a viable alternative to China. Manufacturing in Vietnam has many of the same problems as China (with the exception of trade tariffs). In […]