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Posts tagged as “Procurement”

Deals Dominating The Venture Capital Markets

The venture capital landscape in 2025 is defined by a clear gravitation toward transformative and high-conviction technology sectors. The core sectors driving venture deal flow globally are Artificial Intelligence, FinTech, Mobility Tech, Climate Tech, Crypto/Blockchain, and Social Software.

Effective Purchasing Of Raw Materials

The effective purchasing of raw materials is a core function of supply chain management, directly impacting a company's production efficiency, product quality, and bottom line. It moves beyond simple transaction management to become a strategic discipline focused on value optimization and risk mitigation.

Strategic Partnering

Strategic partnering, often referred to as a strategic alliance or joint venture, is a collaboration between two or more independent businesses that pool resources, technology, expertise, or finances to achieve mutual, shared, and strategic business objectives.

Undertaking A Disciplinary Interview

Undertaking a disciplinary interview is a critical step in a formal disciplinary procedure. It is the employee's opportunity to present their side of the story in response to formal allegations. A structured, fair, and impartial process is vital to maintain legal compliance, organizational standards, and employee trust.

Energy Crises in History

Energy crises have been recurring events throughout history, often characterized by a sudden shortage of energy supply, rapid price increases, and significant economic or geopolitical upheaval.

Asset Management in Production

Asset management in production is all about ensuring that your physical assets – the machinery, equipment, vehicles, and infrastructure that drive your operations – are used, maintained, and deployed in the most efficient, effective, and economical way possible.

Bill of Materials (BOM)

A BOM is not just a list; it is a critical document used throughout the product lifecycle, from design and procurement to manufacturing and service. It serves as a single source of truth for all teams, ensuring consistency, efficiency, and accuracy in production.

Inventory Control

It is the process of managing the stock of goods that a company holds, ensuring that the right amount of products are available to meet customer demand without overstocking and incurring unnecessary costs.

Manufacturing Resource Planning (MRP II)

Building upon the foundation of its predecessor, Material Requirements Planning (MRP), MRP II extends beyond just inventory control and material planning to integrate all aspects of the manufacturing process, including production scheduling, capacity planning, and financial management.