Procurement has a tangible, measurable impact on companies’ performance. Their share in the total spends of the companies vary between 40% to 70%. The global financial crisis in 2008 revealed that those companies who were not onlyRead More…
Dear Friends:We are pleased to inform about the virtual event, which was organized by ISM-INDIA on 24 September 2020 to launch PPPAI (Public Procurement Professional Association of India). It was attended by many experts in the fieldRead More…
Despite the impact of disasters like the 2011 earthquake and tsunami in Fukushima, Japan, many multinationals still have not built resilient supply chains. That lesson is being brought home by the coronavirusRead More…
In case you haven’t noticed, something like 9 out of 10 articles on supply chain in recent days have something to do with the impact of the dreaded coronavirus crisis. OK, IRead More…
Article Domain: Tendering Article Type: Guideline Domain-Level: Entry Level Keywords: Tendering methodology, Technology Licensor, FEED Objective To provide comparative guidance on selecting the best option for Licensor selection. Summary Since project managementRead More…
Procurement is a support activity performed by both public sector and private sector Company in order to acquire goods and services for organizational needs. Typically, procurement of goods and services is carriedRead More…
Dear Friends: As 2019 comes up on the horizon, we wish to express our thanks and appreciation for your overwhelming support and co-operation. Our top 10 most read content in 2018 are asRead More…
Definition and History Drones are nothing but Unmanned Aerial Vehicles (UAV). A Drone comprises of frame, propellers, engine and the electronic control and it was earlier used for military, agriculture, police, filmingRead More…
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…
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…
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…
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…
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 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…
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…