18 Targeted Inventory Reduction Strategies for Supply Chain Professionals
Inventory comprises an important part of current assets, particularly in manufacturing industry. A lot of cash flow is committed to inventories so as to ensure a smooth flow of production to meetRead More...
Procurement Competency Quiz 2018
Dear Friends: Procurement Competency Award by ISM-INDIA is a formal recognition of your accomplishment in the field of Procurement. This award will be given to top three scorers of the Procurement CompetencyRead More...
ISM-INDIA Launches New! CPSM® Certification
As you are aware, Procurement & Supply Chain Management have been evolving in an incredible way in the last few years. To cater these changes in the above functions, ISM USA has revised the examRead More...
Happy International Women’s Day!!!
On this occasion of the International Women’s Day 2018, I salute all women who are pursuing their career in Procurement & Supply Chain. There has never been a better time for womenRead More...
Blockchain: A Game Changer in Supply Chain Management
Blockchain isn’t a household buzzword but is a “Poster Boy” technology of Bitcoin which is known widely. The exciting thing is that the blockchain protocol can be used for non-currency purposes asRead More...
Becoming a Supply Chain Leader
With increased globalisation– the world is becoming more networked every day. The question arises as to what it takes to become a future supply chain leader. To truly lead in this field,Read More...
Procurement Trends (India): 2017
Dear Friends, As in the past, ISM-INDIA has compiled Procurement Trends Report for 2017. All credit for this goes to many of you who have provided the Survey Forms along with their input. This aimsRead More...
Digitization of Procurement (Smart Procurement)
Procurement Isn’t Just About Spending Money… Savvy Procurement professionals understand that Procurement involves so much more than Googling for potential suppliers, asking them for a quotation and then selecting the lowest-priced quotationRead More...
Changing Face of Procurement (From Reactive to Strategic)
Procurement has come a long way from a reactive function to being considered as a strategic partner. In the past, procurement or purchasing was primarily clerical. With the evolution of simple tradeRead More...