Introduction Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and
Companies these days try to provide any and every support possible to see to it that their employees work in an environment that is hassle-free and which allows them to remain focused on their work.
As is true the objective of every strategic sourcing project is to reduce the total cost of ownership. In fact, in today’s competitive environment, Chief Procurement Officers (CPOs) have to achieve very tight targets
What is Lotting Strategy? Negotiation is one of the key steps during any Strategic Sourcing process.
The economic slowdown has had a huge impact on the entire relocation industry. The companies looking to relocate their employees are yet to recover completely.
Evaluation of the vendor’s qualitative response is one of the most important phases for the successful execution of the Strategic sourcing process.
Reverse Auction is one of the most important mechanisms adopted by procurement outsourcing companies for negotiation
PEM is a process or clause adopted as part of a contract for a commodity or category when it is sourced.
Most industries and countries worldwide are facing either stagnant economies or even if they are growing the growth rate is very low.
With the increase in the adoption of online purchases, the courier & small parcel industry has witnessed a sudden increase in business.
