The China (Sourcing) Syndrome
Significant changes are afoot in China’s economy. The cost of goods imported from China is rising quickly, affecting many U.S. retailers who source products either directly or indirectly from China. These changes are quickly driving up retail prices in the U.S.
It’s helpful to understand the factors behind these rapid cost increases and examine the inventory planning solutions available to help offset their effects.
Joe is Vice President of Product Solutions at Software Paradigms International (SPI), an award-winning provider of technology solutions, including merchandise planning applications, mobile applications, eCommerce development and hosting and integration services, to retailers for more than 20 years.
Joe is a 34-year veteran of the retail industry with hands-on experience in marketing, merchandising, inventory management and business development at multichannel retail companies including Lands’ End, LifeSketch.com, Nordstrom.com and Duluth Trading Company. At SPI, Joe uses his experience to help customers and prospects understand how to improve sales and profits through applying industry best practices in merchandise planning and inventory management systems and processes.
