Types of Supply Chain Management | Supply Chain Model Explained
In today’s globalized and interconnected world, supply chain management plays a vital role in ensuring the smooth flow of goods
Understanding Hydraulic Machining: Techniques, Materials, and Quality Assurance
Hydraulic systems form the backbone of industrial machinery, heavy equipment, automated manufacturing and various other applications that require efficient transmission
Navigating The India Sourcing Landscape for Success- 2023
India has emerged as a major sourcing destination for companies in the global economy due to its large skilled workforce,
Improving RFQ Processes in Supply Chain Management: 10 Best Practices for Success
Request for quotation (RFQ) is a necessary process that enables organizations to source goods and services from qualified suppliers at
Growing Fasteners Industry: An In-depth Analysis from Indian and Global Perspectives
The industrial fastener market is an essential entity in various industries, from automotive to aerospace, construction to manufacturing. The significance
Optimizing Indirect Spend With Autonomous Sourcing
Optimizing indirect spend through autonomous sourcing can provide significant cost savings and efficiency gains for businesses. Indirect spend, which includes
Procurement vs. Purchasing: What’s the Difference?
Procurement and purchasing are two terms that are often used interchangeably, but they actually have different meanings and roles within
How to Choose the Right Fastener?
Choosing the right fastener is crucial for the success and durability of any project. From construction to manufacturing, fasteners play
Managing Risk in Supply Chain Management
Supply Chain Management (SCM) plays a crucial role in the success of any business. It involves the management of the
The Complete Guide to a Vendor Management System (VMS)
Effective vendor management is crucial when outsourcing business processes to companies in a country like India. As the best India
Effective Procurement Management For a Better Bottom Line
An effective procurement strategy is essential for maximizing an organization’s bottom line. Proper management of the sourcing, purchasing and contracting
4 Aspects Of India Sourcing That You Must Know
India has become one of the leading countries when it comes to global sourcing. With its vast array of raw
Improving Sustainibility Performance Through Your Supply Chain
As the world becomes more conscious of the impact of human activities on the environment, businesses are looking to improve
Metal Injection Molding (MIM) vs Machining Process
Metal Injection Molding (MIM) and traditional machining are two common manufacturing processes for producing metal parts. While they have some
What is Tail Spend Management, and how can we manage Tail Spend?
Tail spend refers to the long tail of suppliers that account for a small percentage of an organization’s total spend
Benefits of Using a Global Sourcing Company
As more companies go global, looking outward for materials, components and expertise becomes imperative. Global sourcing enables businesses to access
4 IMPORT COSTS TO KNOW WHEN SOURCING FROM INDIA
When importing from India, both the buyer and the exporter may forget to consider some important import costs. This can
When Should I Hire an India Sourcing Company?
India is home to a variety of different manufacturers and suppliers that offer competitive pricing and high-quality products. When it
Key Tips to Decide about India Sourcing
India Sourcing is a great way to access quality products at competitive prices. However, it can be difficult for Purchasing
KEY REASONS WHY STRATEGIC SOURCING FAIL
Strategic sourcing is a process of analyzing and optimizing the supply chain to ensure that an organisation is getting the
5 TIPS FOR PRODUCT MANUFACTURING AND SOURCING IN INDIA
India has become the top choice for businesses and industries across the world for manufacturing and outsourcing products. This is
HOW IS THE INDIAN CLIMATE SUITABLE FOR SOURCING COMMODITIES?
India is a major sourcing hub for commodities across the world. With its vast population, diverse geography, and abundant natural