• A

    Artificial Intelligence

  • B

    Blister packaging

  • C

    Category Management

    Contract Management
  • D

    Digital Transformation
  • E

    e procurement

    eCommerce

  • I

    Indirect Cost

    Indirect Procurement
  • P

    Packaging

    Procure to Pay

    Procurement Transformation

    Purchase Order
  • S

    Strategic sourcing

    Supplier Management

    Supply Chain Management

    Sustainable Packaging
  • V

    Vendor Management

    Vendor Managed Inventory

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(4 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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Purchase Order

For the success of any company, tracking of inventory, ordering supplies and sellable goods is essential. For a well-organised purchasing process, it is important to look at the purchase order. But many companies fail to understand the importance of purchase…

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S(4 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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Supplier Management

Supplier Management is seen  as a supporting pillar of the supply chain function  that deals with the end-to-end activities of suppliers. Competent suppliers are crucial for the growth of a business, whether a manufacturing unit or a food retail chain.

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Supply Chain Management

Supply Chain Management (SCM) is the management of the flow or supply of goods and services from the point of origin to the point of consumption. 

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V(2 article)

Vendor Management

A vendor is someone that provides goods and services to organizations. A large organization deals with hundreds if not thousands of vendors at a time. Organizations have to select the best vendors after scrutinizing the available options. They have to negotiate vendor…

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Vendor Managed Inventory

In the Vendor Managed Inventory, the inventory management is done by the vendor or supplier for the buyer, the buyer usually being a manufacturer, SME, MSME, or any other customer type….

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