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!
Knowledge Series – Season 2 | Episode 3: Sales and Operations Planning – Forecasting
In a world of shifting consumer demands, supply chain disruptions, and rising service expectations, organizations cannot afford to plan reactively. Forecasting, when embedded within an effective Sales and Operations Planning (S&OP) framework, acts as a strategic tool to navigate uncertainty and drive performance across the value chain. S&OP brings together diverse functions—sales, marketing, finance, operations, and procurement—to create a unified, forward-looking plan. At the core of this alignment lies forecasting, the process of predicting future demand to support balanced and informed decision-making. Read More..
Building a resilient supply chain ecosystem
In today’s complex, interconnected world, supply chains are no longer just about cost and efficiency—they are about resilience, agility, and strategic advantage. For India, this is not just a challenge but an opportunity—to build a world-class supply chain ecosystem that is not only robust and future-ready, but also globally influential.Read 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 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
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