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Effective Digital Procurement Strategy to Minimize Errors & Ensure Compliance

Effective Digital Procurement Strategy to Minimize Errors & Ensure Compliance

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. [...]



Uncover Hidden Opportunities in Procurement Process

Uncover Hidden Opportunities in Procurement Process

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. [...]



Energy Savings for Factory: Changing from Conventional to LED Lighting

Energy Savings for Factory: Changing from Conventional to LED Lighting

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. [...]



Identifying & Exploring Pillars of Strategic Procurement

Identifying & Exploring Pillars of Strategic Procurement

Procurement excellence help businesses improve cost efficiency and drive better business values. Every organization aims to ensure the timely supply of goods and services in line with business goals at reduced risk involved within the supply chain. Co-operation from all departments is needed throughout the organization to source and regulate external resources such as identifying the need for goods or services, evaluating and choosing strong suppliers, negotiating prices and creating buying contracts to get the best. [...]



How Covid Digitalised the Industrial MRO procurement ecosystem

How Covid Digitalised the Industrial MRO procurement ecosystem

COVID-19 has created a remarkable impact upon the world of business, as supply networks for industrial processing and multinational manufacturing have been seriously affected. Maintenance, Repair and Operations (MRO) are strictly important for the seamless running of companies, any breakdown in the MRO supply chain can lead to massive operating costs due to interim suspension. But with the worldwide disruption, industries are striving to maintain as much conti-nuity as possible in their machine-parts and maintenance material supply. This is having an ex-ponential effect on the whole MRO supply chain.[...]



WORK PLACE SAFETY (PPE)

WORK PLACE SAFETY (PPE)

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. [...]



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