I guess you’re thinking we’ve lost our minds to even suggest that counterfeiting is remotely beneficial right? bear with us, it’ll become clearer soon. It’s a known fact that counterfeit products cost as much as $300 billion worth of damage to the global economy and we can’t seem to get it under control aided by […]
Surviving Counterfeiting In The Fourth Industrial Revolution
The fourth industrial revolution is a new chapter in human development which is characterized by a series of new technologies that bring together the social, political, cultural, and economic world that will bring about change in the way we live and interact with the world around us. The emergence of digital systems, networked communications, machine […]
How Efficient Supply Chains Can Limit Counterfeits
Counterfeiting is one of the largest and trending problems faced by manufacturers globally. The rapid growth of counterfeits is alarming for business owners because so much resources are being dedicated into research, product development and quality assurance for consumers. Counterfeiting disrupts product quality, reputation, sales, profits (which results from unfair competition) and reduces customer’s loyalty. […]