Rob Handfield Analyzes the ‘Underground Economy’ of Counterfeit Goods
Rob Handfield, professor of operations and supply chain management, explains that retail stores have been replaced by online counterfeiting. According to Handfield, approximately 80 percent of these knocked-off goods come from China and Hong Kong then enter the United States through e-commerce platforms like Amazon.
“Someone who works at a legitimate factory may start up their own business making fakes,” said Handfield. “They’ll copy it, sometimes using cheaper materials, and sell them on the same channels.”
Read the full article on the Star Tribune.