Opinion- Procurement: A catalyst to economy and Infrastructural development

A company that fails to manage its supply chain at a strategic level is unlikely to meet its business objectives effectively. (Chris Freeman-CEO of Logic).

I must, first of all, give glory to God almighty that make me a procurement and supply chain management professional. Why is professionalization of procurement and supply chain management so important that makes me put up this piece of write up? Continue reading “Opinion- Procurement: A catalyst to economy and Infrastructural development”

5 Ways Procurement Can Transform Stakeholders into Advocates

Bottom-line savings go hand-in-hand with top-line profits—and more and more enterprises are realizing that the best way to get a firm grasp on both of these is through sourcing. While the function has long been regarded as a vital internal resource to increase savings, many companies view procurement through a tactical lens, as something that exists primarily to manage negotiations at the end of a … Continue reading 5 Ways Procurement Can Transform Stakeholders into Advocates

Source One Takes Proven Cost Reduction Tactics to Dallas, Texas in a Unique Event for Procurement Professionals

Top boutique strategic sourcing consulting firm Source Management Services continues its partnership with leading group purchasing organization, Corporate United (CU), to produce the second installment of The Road to SYNERGY. The one-day conference in Dallas, Texas aims to equip members and prospective members of the CU community in the Southwest with cost reduction strategies. Continue reading “Source One Takes Proven Cost Reduction Tactics to Dallas, Texas in a Unique Event for Procurement Professionals”

Tech Upgrades Delivering Procurement Efficiency Boosts

Looking for a common thread between supply chains and procurement operations today can be challenging: As companies’ efforts reach global scale and incorporate complicated relationships between third parties, each one takes on its own unique characteristics. However, sourcing professionals must identify the hallmarks of success in the field if they want to ensure their own organizations end up on the right path. Continue reading “Tech Upgrades Delivering Procurement Efficiency Boosts”

Profile: Braidy Industries new Chief Procurement Officer, Stephen Miller

In a wave of new key executives being announced by Braidy Industries to lead the company forward in the construction of its aluminium rolling mill in Kentucky, US, Stephen Miller has been announced as Chief Procurement Officer. Continue reading “Profile: Braidy Industries new Chief Procurement Officer, Stephen Miller”

Facilities Management: The magic key to boosting business productivity

The facilities management (FM) industry has transformed in the past decades, from being a peripheral building management service to now being viewed as a serious discipline and business enabler. Facilities management today is a key function in managing facility resources, support services, and working environment, to achieve Continue reading “Facilities Management: The magic key to boosting business productivity”

Essar Projects CIO’s e-procurement and e-invoicing applications saves Rs 30 crore in the company

Enterprises and organisations often face new kind of business challenges and complex problems. While ready-made software applications and solutions are easily available in the market, the complexity of business challenges and a problem at times puts the CIOs under immense pressure to innovate and develop solutions that are highly distinctive and beneficial in nature.