How to Build a Profitable Vendor Network for Business Growth and Success
Procurement inefficiencies can sink profits faster than anticipated. Outdated processes, limited vendor reach, and favouritism often lead to inflated project quotes, sometimes […]
Top Cost Reduction Strategies in Procurement
In procurement, cost reduction is more than just slashing expenses, it’s about optimizing processes, improving supplier relationships, and leveraging technology to enhance […]
Everything You Need to Know About Purchase to Pay Process
The purchase to pay process (P2P) is a fundamental aspect of procurement, ensuring that businesses efficiently manage purchases, approvals, payments, and supplier […]
Understanding the Tendering Process – Steps & Best Practices
The tendering process is a crucial method used by government agencies, public sector undertakings (PSUs), and private companies in India to procure […]
Coping with Regulatory Challenges in Energy Sector Procurement – Mr. Sinjan Pathak
Introduction Procurement in the energy sector is much more than the purchase of power or gas; it is a strategic, end-to-end process […]
A Roadmap for Contractors – Understanding Procurement Strategy
An effectively formulated procurement strategy is a game-changer. It is cost-saving, risk-mitigating, and enhances the prospects of the success of the project. […]
Why Limited Vendor Choices Are Costing Contractors in PSU Projects
Struggling with the stressful bidding process in PSU tenders due to delayed quotes and lack of data? The risk of underestimating costs […]