After a long process of negotiations that began in 2013 and not without differences between both parties, finally the European Union and Japan signed a Free Trade Economic Agreement on 1 February. Specifically, the Agreement contemplates the elimination of tariffs between both geographical areas. In addition to facilitating economic transactions between both economies, this milestone involves sending a clear message from two of the world’s most prosperous economies that international trade is moving in the opposite direction of protectionism and towards globalization. It supposes a brave bet in the present times where in some western countries the populisms that champion protectionism and anti-globalization messages enjoy more and more followers.
It is well known that our health is strongly influenced by a proper diet and appropriate supplementation. This concept can obviously be extended to our skin beauty and care, and the related nutricosmetic sector (beauty from within) is growing in terms of sales and new launches, as evidenced by the large amount of articles and post on this topic.
Friday 3:30 pm and lightly thinking how we are going to spend the weekend while finishing all weekly tasks. Suddenly all alarms are triggered and the unimaginable happens: your transport agency just tells you that the shipment of ingredients that should have arrived on that Friday has been blocked at customs without a definite date of departure and therefore will not arrive on time. Production will be irremediably delayed and therefore the delivery to your customer with the subsequent risk of stopping their production chain if they did not implement the good practice of keeping enough safety stock at their warehouse.
In professional relationships as in life it is quite important to know how to choose the companies and the people you want to be around, prioritizing those who bring us added value and will make us grow up till levels difficult to reach surrounded by flat people.
Si dice sempre che l’anno nuovo porti delle novità… ecco la prima che mi fa piacere segnalare e condividere.
Lo scorso 09 gennaio, data di entrata in effetto dell’ormai ben noto Decreto Ministeriale 10 agosto 2018 , è stato emanato un nuovo D.M. con cui si aggiorna e sostituisce l’Allegato 1 di agosto.
During 2018, but especially since the middle of the year, we have witnessed a commercial war between the USA and China. It all started with accusations by the US that China did not respect the intellectual property of American companies, was restricting American investment in China and was also giving aid to large local companies causing American companies to compete at a disadvantage.
After a process of identification of suppliers, an exhaustive selection of those that best adapt to the technical requirements demanded by the company, followed by a good price negotiation and the pleasure to believe to have discovered the suppliers certainly more adapted to the size of our company, it comes the moment of truth.
Sometimes during meeting negotiations with suppliers we sadly realize that one or several colleagues from our team look much closer to the position offered by the other side of the table… when that moment arrives you feel to be alone and somehow struggling against all the elements.
The Nutraceutical sector is increasingly mature and the Quality Control of the ingredients is more demanding. For this reason, the sector should think about the use of the Primary Reference Standards for the quantification of actives in botanical extracts.
All professionals of sourcing had once the feeling to sign a very advantageous agreement for their companies but at the same time somewhat abusive for their suppliers. In those cases, the emotion and a certain feeling of powership can seize them during a few days after signature.