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Sand is a ubiquitous commodity. We know that sand is present everywhere, blanketing deserts, lining...
The role of procurement as we know it today started to gain importance during the...
Direct cost: For companies to continue surviving, let alone succeed gloriously, delivering their products at...
Supplier Relationships: A successful product manufacturing company requires a strong supply base, given about 70%...
The use of digital tools and technologies opens up new possibilities for to use of...
Sourcing strategically with quantified risks and ensuring fail-safe mechanisms is part of the job for...
Supply Chain Disruption The sudden rise in demand has led to chaos for manufacturers and...
Companies in the manufacturing industry is growing at a good pace, and companies have a...
It’s Friday evening and you find that the parts arriving from the supplier can’t make...
So, you are planning to Digitalize your procurement process. The first step to this is...
This time of year, many companies are figuring out how to allocate resources in the...
The story goes like this: the CFO is asking for a percentage point cost...
Sourcing Startegy: When sourcing for several hundred/ thousands of parts, the process of negotiating becomes...
Procurement has transitioned from a purely transactional process to a strategic function crucial to business...
You design, manufacture, and sell a product… be it an Automobile, Aircraft, Refrigerator (or any...
We are heading towards Q1 of 2022 and since Covid swept the world, there have...
Procurement management in Product Manufacturing Companies: In current world scenario procurement teams works on multiple...
In manufacturing companies, efficiency is typically derived from well-managed process and material flows. Operational evidence...
Manufacturing business : In the wake of the pandemic, many product manufacturing companies were skeptical...
Supplier Management: In traditional Supplier Management, the focus was only on cost reduction. The buyer-supplier...
Source-to-Pay popularly known as S2P, is the end-to-end process and steps that businesses follow to...
Supply chain risks: Unforeseen delivery bottlenecks put companies under acute pressure to act. Events such...
Spend Management:Â The primary goal for Procurement leaders is to optimize the purchases as more...
With the advent of the pandemic, a lot has been spoken about Supply Chain Visibility...