Global Sources’ Mobile Electronics and Gift & Home Experiences Fast Growth

April 26, 2016

Mobile Electronics, second phase of Global Sources Electronics, was held April 18-21 at Hong Kong’s AsiaWorld-Expo (AWE), with a strong focus on smartphone, tablets, wearable devices and mobile accessories.

“In just two years, the event has grown by more than 100% to become the world’s largest mobile electronics sourcing show,” said Tommy Wong, president of Global Sources.

Key highlight of this year’s event is the Startup Launchpad, which is an integrated B2B sourcing platform and conference program, aiming to showcase the latest tech products from startups.

The conference program is designed around the topic of startup lifecycle from product ideation, validation, manufacturing to distribution.

Concurrently, Global Sources’ 2016 spring Gifts & Home also opened at AWE from 18th to 21st April. Highlight of the show is the three-day Smart China Sourcing Summit where attendees can learn the best practices for selling on Amazon.

Another highlight is the value added services offered by Global Sources. The show has TradeMatch, which allows buyers to submit buying requests, compare quotes, and communicate with suppliers through Global Sources’ Message Center. In addition, there is a buyer app and supplier app to facilitate the sourcing process and strengthen communication between buyers and exhibitors.

 

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.