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A
Advanced Quality Planning
Annual Planning
Artificial Intelligence -
B
Blister packaging
Bullwhip Effect -
C
Category Management
Centralized Procurement
Chief Procurement Officer (CPO)
Contract Management -
D
Digital Transformation
Direct Procurement -
E
e procurement
eCommerce
Ethical Procurement -
I
Indirect Cost
Indirect Procurement -
L
Last-Mile Delivery -
P
Packaging
Packaging Design
Procurement
Procure to Pay
Procurement Transformation
Purchase Order -
S
Spend Management
Strategic Sourcing
Supplier Management
Supply Chain Consulting
Supply Chain Management
Sustainable Packaging -
V
Vendor Management
Vendor Managed Inventory
A (3 article)
Advanced Quality Planning
Advanced Quality Planning (AQP) is a set of procedures and techniques to standardize product quality requirements. It aims to ensure customer satisfaction. Advanced quality planning seeks to reduce the complexity of product quality planning… Read ArticleAnnual Planning Cycle
An operational plan made every year is strictly dependent on the planning cycle of the corresponding year. … Read ArticleArtificial 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… Read ArticleB (2 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… Read ArticleBullwhip Effect
The concept of the Bullwhip Effect first appeared in Jay Forrester’s “Industrial Dynamics” (1961). Hence it is also termed the Forrester effect…. Read ArticleC (4 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… Read ArticleCentralized Procurement
Picking the appropriate system of control is always difficult for an organization. And when it comes to procurement, the decision becomes crucial for the supply chain management. …. Read ArticleChief Procurement Officer (CPO)
A Chief Procurement Officer or CPO is in charge of managing the sourcing and procurement of a business. The primary job of a CPO is to ensure that the supply chain management…. Read ArticleContract 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… Read ArticleD (2 article)
Digital Transformation
Digital transformation is the collective term used to describe the adoption of digital technologies to improve existing efficiencies and outputs of current workflows, production processes, and communications in any organisation. This is often by replacing legacy non-digital methods with new automated or semi-automated digital solutions to streamline work.… Read ArticleDirect Procurement
Direct procurement is a method of acquiring resources to produce a company’s product or service. These acquisitions are usually made in bulk from a pool of vendors to get the highest price from the customers. It also helps maintain the quality and reliability of the products.… Read ArticleE (3 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… Read ArticleeCommerce
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… Read ArticleEthical Procurement
The word “ethics” in buying and supply management refers to a wide range of issues. It ranges from trader business dealings. Some major themes that relate to ethics in organizations include fair trade and moral trading… Read ArticleI (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…
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…
L (1 article)
Last-Mile Delivery
With technology advancing so fast the world has become one giant tech village. Entertainment, communication, commerce has been facilitated, providing a consumer in any part of the world with a plethora of options to choose from… Read ArticleP(6 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…
Packaging Design
There are many ways for a customer to distinguish your brand, and product packaging is on that list. From selecting product packaging to its design, everything resonates with the customer’s perception of your brand...
Procurement
Procurement is the complete spectrum of activities within an enterprise related to purchasing goods, services, and works. It is an essential part of supply chain management in businesses, typically pertaining to manufacturing and production…
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…
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…
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…
S(6 article)
Spend Management
In simple terms, spend management is all about controlling the spending of your business. It is the process of accumulating, maintaining, and analyzing the spending data of an organization. The prime motive is to reduce costs, boost efficiency, and manage compliances.…
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…
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…
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.
Supply Chain Consulting
Supply chain consulting is a practice where consultants help companies make their supply chains effective and efficient. These consultants are often experts in the management of inventory and vendors. They have years of experience in procurement of raw materials…
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.
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…
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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