A (1 article)

Artificial Intelligence

The term ‘Artificial Intelligence’ was first coined in 1956 at a computer science conference in Dartmouth. Put simply, it is the branch of computer science concerned with simulating human-like intelligence in machines…

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B (1 article)

Blister packaging

Blister packaging is employed for packaging products such as medication, hardware, toys, etc. Blister packaging is usually plastic based and consists of a backing card with some form of artwork…

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C (2 article)

Category Management

Procurement category management is a strategic pathway wherein companies can segregate their expenditure into sectors that consists of a particular category of products. Such an approach…

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Contract Management

A digital or online contract has gained extensive notoriety due to the advancement of the internet and e-commerce. A digital contract can be simply defined as an electronic contract…

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D (1 article)

Digital Transformation

Blister packaging is employed for packaging products such as medication, hardware, toys, etc. Blister packaging is usually plastic based and consists of a backing card with some form of artwork. It also consists…

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E (2 article)

e-procurement

Electronic procurement is services and information in business to business (B2B), business to consumer (B2C), or Business to Government environment via the internet or other networking systems like Data exchange…

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eCommerce

e-commerce or electronic commerce is a type of business conducted through the internet. All elements of the business, like the transfer of money and data needed to execute the transactions, are done electronically…

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I (2 article)

Indirect Cost

In all sorts of departments like production, research, retail, and accounting, a cost is defined as the value of money that has been used up to produce something and also deliver a service…

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Indirect Procurement

Indirect Procurement is the process of procuring services or products required to run any business. To ensure that the business runs smoothly, one will need services or products continuously. The goods and services…

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P(3 article)

Packaging

Packaging can be defined as the technique of protecting the products, articles for storage, distribution, and sale. It means wrapping the products to look attractive or protecting the goods for safe transit…

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Procure to Pay

“Procure to pay” is the term used by software companies to label the final act of buying goods; it is called procurement. This portion includes all the activities that occur once the sources or vendors for products and services have been identified. Hence, procure to pay is the component of a more extensive process called procurement…

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Procurement Transformation

Procurement transformation is a hot topic for all organizations, and they are looking to rework their operations to optimize the value derived. It is not something that requires expertise, but it is more of a mindset and requires dedication…

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S(2 article)

Strategic sourcing

Strategic Sourcing is a method of sourcing that applies various strategies while sourcing different products and services. The investors in this increasing competition and the technological environment…

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Sustainable Packaging

In simple words, sustainable packaging is an archetype of packaging, the environmental footprint of which, goes down over time, preferably such that, in the long run, either the packaging decomposes without causing any loss to the environment or…

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