The counterfeiting merchandise market has boomed over the last few years. Counterfeit sales impact hundreds of industries at large every year, from high-margin gadgets and luxury goods to low-priced consumer…
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counterfeit
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How to Address Counterfeit Parts in the Supply Chain
Consumers and businesses alike buy millions of counterfeit products every year, worth billions of dollars. These products pose a serious threat to the supply chain, not only in terms of…
The counterfeit business is booming, but at the cost of authentic businesses suffering heavily. According to a report, counterfeit goods caused an estimated $323 billion damage to the global economy…