Knowledge Bites
"Knowledge Bites" a collaborative hub of knowledge. Share your bite-sized wisdom, and let's grow together!
Welcome to Knowledge Bites! 🎉
We are pleased to introduce "Knowledge Bites," our latest initiative aimed at sharing quick, insightful tips and best practices in procurement and supply chain management. Whether you're a seasoned professional or just starting out, "Knowledge Bites" is designed to offer you valuable nuggets of information to help you stay ahead in this ever-evolving field. But we don't want this to be a one-way conversation—we invite all of you to join in! Share your own experiences, insights, and tips. Your contributions will help enrich our community and provide diverse perspectives that everyone can learn from.So, let's make "Knowledge Bites" a collaborative hub of knowledge. Share your bite-sized wisdom, and let's grow together!
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 trade era to production era, revolution there was mass production and thus increased purchasing. In the past, procurement was not a preferred choice as a career. Read 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 as well. Blockchain has the potential to transform the procurement & supply chain. In fact, some are calling it the most important invention since the Internet itself.Read more
Elevate Your Procurement Career (Essential Skills and Steps for Success)
The Procurement & Supply Chain field is evolving rapidly. As the demands on procurement professionals grow, so do the opportunities for those who are ready to take their careers to the next level. Whether you're just starting out or looking to elevate your existing career, mastering the following essential skills and understanding the steps to success is critical.Read more
Reinvention of Strategic Sourcing
In a world marked by rapid technological advancements, shifting global markets, and increasing demands for sustainability, the traditional model of strategic sourcing is no longer sufficient. Once focused mainly on cost reduction and short-term gains, procurement strategies must now adapt to address the complexities of modern supply chains.Read more
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