The government simplified taxation and labour regulations which in turn encouraged infrastructure development. This further made it significantly easier for foreign companies to invest in India.
Every company engaged in the international trading business has recently come across a problem of increasing freight costs and limited available space on vessels.
The process begins with an opportunity assessment to determine specifically what needs to be purchased, how much needs to be acquired when it needs to be acquired.
For a long time procurement has focused on strategic sourcing and contract negotiation as a way of delivering savings to a business. But now more and more businesses are looking beyond that point to post contracts to deliver real value to the business.
We know that selecting a proficient PSP can be difficult. Here are 10 key traits that a good PSP must possess.
Procurement ensures that the greatest value is secured from the supply base and that this value flows through the organization.
Indian industries have urged the government to reduce overall tariffs to benefit from the trade war between the US and China.
A lively discussion as to why companies in India have surprising supply chain configurations.