The Golden Rule of Negotiation
Some of us avoid negotiation, some fear negotiation because they equate it with conflict. They consider it as a clash of the wills, they see
1_Procurement Insights
3 Steps to verify Chinese Suppliers
China accounting for more than 30% of all global manufacturing share. Before starting to work with Chinese supplier it is most important to ensure that
How to select your Contract type?
How to select the correct contract type that is most suitable for our requirement? Selecting correct contact form for a specific purchase agreement depends on
Know your Cost Drivers – The Supply Market Intelligence Guide
Supply Market Intelligence include information related to Changes in Supply and Demand and Trends, Supply Market size, utilization, expected expansions/contractions, level of competition, Technological changes, Innovations, geo-political changes in supply market etc.
How supply market intelligence influence Procurement success?
Cost Management Program in Procurement
Cost Saving is reduction in cost that has tangible results. Direct Cost Saving such as lower prices paid and indirect cost savings like improved efficiency
Low Cost Country in Global Sourcing – Benefit & Challenges
Low Cost Country Sourcing is a one of the most discussed topic in Global Sourcing among procurement professional. The Audiopedia Describes Low Cost Country Sourcing