Every single creature is fighting against COVID issues and seeking goodness with Personal Protective Equipments. Workplace safety is important to maintain during COVID pandemic in India, but hard to manage when safety items are wrongly used and not up to the recommended standards. Being an employer, Protect yourself and your employees with essential supplies such as Mask, Hand Sanitizer, PPE kit, Touch-less hand sanitizer dispenser, Oxygen Concentrators, Pulse Oximeter to check oxygen level required for breathing and other mandatory safety equipments. [...]

How often do you track your shipment right after placing orders from some e-commerce site? One, twice, thrice, or most often until it reaches you? With the increasing technological advancement and customer awareness, the way businesses ran earlier has completely changed. Gone are those days when it would take weeks and months to deliver goods. People know that the entire shipment process is tech-aided and hence expect their delivery as soon as possible. Here is when strategic procurement comes into play. It's one of the most critical parts of the supply chain that should be adopted by every big organization. A well-designed strategic procurement means improved business performance that focuses on the bottom-line savings in the long run. [...]

MRO Inventory may vary from company to company but Leaning MRO (Maintenance, Repair and Operations) Inventory through Artificial Intelligence is important for a firm to run straightforward with efficient productivity in the long terms. In case of any breakdown or any mishap, Lean MRO Inventory can tell about the availability of items very quickly and protect an organization from Overproduction, Waiting time, Transportation, Scrap and others. [...]

Workplace safety becomes utmost important if an organization has to get fruitful outcome in accordance with their employees. It has been said that everyone needs more protection to stay away from exposure of specific hazards in order to do more work. PPE refers to equipments which protects every worker against health risks during job. [...]

COVID-19 time stunned those organizations who believed that their supplier risk and business continuity plans were cheat-proof. Having limited or no visibility beyond the primary supplier and depending on manual operations to identify and iron out any potential risks proved detrimental. Although organizations did find ways to receive their supply chains back up and running, but an organization can put together few more key points and consolidate into their master plan to hit supplier risk and cyber threats. • Assessment According to revealed stats, it has been noticed that 89% of companies experienced a supplier risk incidents in the last 5 years. Various types of risks viz. operational risks, Geo-political risks, monetary risks, legal and obedience risks, reputational and information security risks, etc. should be taken care of and shouldn’t limited to the primary supplier but takes into account the supplier’s supply chain accordingly. • Management Once the correct key point indicators are set, organizations can periodically review their suppliers’ performance score and can classify them based on their risk levels. If risk level run beyond the minimum gateway, then the concerned authorities could be asked to undertake mandatory Supplier Corrective Action Request programs. So that they will have a crystal clear image of the possible risk factors revealed above. • Monitor Keeping an eye for events and news across various parameters on a real-time basis is always the best option to use. Automated alerts, risk trends, observations, etc., can help businesses stay ahead of the curve. They can also be prepared for a black swan event like the pandemic. Having a healthy and mixed pool of suppliers, which can be classified according to their risk scores on a real-time basis, allows organizations take the right turns to avoid any adverse situation and acquire a competitive advantage over their peers. [...]

Adapting sustainable procurement practices lets an organization to reach net zero goals and reap multiple advantages like lessening of reputational risks, higher customer devotion, long term cost-efficacy, and watertight procurement function. [...]

Robust Strategic procurement process ensures a timely supply of goods and services that an organization seeks to meet its key objectives. It carries proven actions aims at reducing the overall supplier base, negotiations, communications, and working to maintain abiding relationships with suppliers. It is relevant not only with globalization aspects but also on the sales side, it enhances constraints on the company’s prices and on the purchase side, it opens up new prospective. [...]

Uncovering hidden opportunities in Procurement process is a call for fast-paced business environment and a key to direct business resources successfully. It carries a big array within an organization ranges from R&D and product development to supply chain engagement, demand forecasting, and marketing and customer hopes. An optimized process realised through innovation will not only boost efficiency and reduce cost but also increase the organization’s grace in acknowledging market demand and consumer expectations. [...]

Procure to pay (P2P) process has always been hard. The cross-departmental alliance of getting right vendor, negotiating deals, reducing expenditure, and looking schemes to automate the goods buying cycle doesn’t come good without its own glitches. Although Procurement challenges vary business to business and based on an organization’s size. Here are few common procurement challenges that visit businesses of all sizes. [...]

Safety comes first always! Nowadays LED Lighting has been demanding more in order to reduce energy costs and lower maintenance costs. Electronic LED lighting is proven to be more energy efficient and longer lasting than traditional illumination, high pressure sodium, or metal halogen lighting. There are numerous benefits of using LED Lighting in factory apart from its common longer life feature. Due to how they are built and how they function, LED lights comes with a promise of providing Energy efficiency utmost. [...]