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Showing posts from April, 2022

Evolving Trends and Risks of Micro Switch Procurement Market

  Micro Switches are being produced and supplied on a large scale because of its significance in any electrical appliance. Over the past few years, many new players have entered the market and raised the competition among participants. Let's find out more about this trend. The advent of more manufacturers in the industry has raised some concerns for procurement managers. In this discussion  sourcing-force.com , we will try to assess the trends of procurement in the micro switch market and we will also highlight some key risks associated with it. You must have heard about a hike in the prices of micro switches recently. This has primarily happened because of an increase in several costs including wages, storage, logistics, and energy. It has left procurement managers scratching their heads and they now keep changing their buying tactics. Let's discuss some of them. Procurers are now preferring to go to those vendors who offer one-stop solutions so that they can have other techno

6 Benefits of Investing in Cryptocurrencies

  The birth of bitcoin in 2009 opened doors to investment opportunities in an entirely new kind of asset class - cryptocurrency. Lots entered the space way early. Intrigued by the immense potential of these fledgling but promising assets, they bought cryptos at cheap prices. Consequently, the bull run of 2017 saw them become millionaires/ billionaires. Even those who didn't stake much reaped decent profits. Three years later cryptocurrencies still remain profitable, and the market is here to stay. You may already be an investor/trader or maybe contemplating trying your luck. In both cases, it makes sense to know the benefits of investing in cryptocurrencies. Cryptocurrency Has a Bright Future According to a report titled Imagine 2030, published by Deutsche Bank, credit and debit cards will become obsolete. Smartphones and other electronic devices will replace them. Cryptocurrencies will no longer be seen as outcasts but alternatives to existing monetary systems. Their benefits, suc