Managing procurement and contracts is critical to different industries whose projects require outsourcing of goods and/or services. In those cases, procurement is one of the key components involved in projects. It is important to streamline procurement processes efficiently as they are critical to ensuring that every project is completed within...
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5 Phases of Lean Six Sigma
Lean Six Sigma is a process-improving method that combines the best practices of Lean and Six Sigma. In optimizing processes, Lean Six Sigma practitioners adopt the Design of Experiments (DOE), a problem-solving approach centred around 5 basic phases or stages, popularly known as DMAIC – Define, Measure, Analyze, Improve and...
How to get a Supply Chain Certification?
In today's fast-paced business world, it is essential to have a strong understanding of supply chain management. Professionals must possess the knowledge and skills required to manage the flow of products and services from the point of origin to the point of consumption since supply chains are becoming more complicated...
Procurement Leadership
The business of procurement is dynamic and challenging, more so with the environmental socio-political challenges that are gripping the modern world of logistics & supply chain. Continuous improvement has become a necessity rather than mere strategy and therefore procurement professionals will have to take a lead to leverage their organizations...
Why get a CILT Certification?
The Logistics and Transportation sector has gained massive prominence over the past few decades on account of the inevitable role it plays in supporting global businesses. Supply chain management is crucial in ensuring the success of businesses in the contemporary economic scenario. Consequently, the demand for certified supply chain and...
Importance of Certification in Supply Chain
Supply Chain is one of the most critical functions of an organization which has a profound effect on customer satisfaction as well as profitability of the company. A well-managed supply chain enhances the competitiveness of an organization. Certification in the supply chain can help you to understand the techniques and...
Contract Management in Procurement
Businesses work through effective collaborations. No organization can survive without the cooperation of others. So, whenever an organization collaborates with another, some underlying principles govern their relationship. Without those principles, business relationships and their ultimate goals will have to suffer. Contracts are legally binding documents between two or more parties...
Top 6 IATA Courses to Pursue in 2023
The airline industry offers a thoroughly rewarding experience to young aspiring professionals. The prestige of being in the airline industry is evergreen and the demand for highly skilled professionals stays high. The International Air Transport Association (IATA) sets the standards of the industry and the certification courses offer excellent industry...
Value for Money
The phrase ‘Value for Money’ has become a cliché. We often use the term loosely to indicate a purchase made for a reasonable price. This is, however, a very narrow connotation of the term. Value for money (VfM) is not about achieving the lowest price. It is about achieving the...
Why Get Certified to Enhance Your Career in HR
Human Resources is a dynamic field with constantly shifting trends in line with the contemporary socio-economic landscape. The demand for qualified HR professionals who stay current on the shift is high. The scope extends to a variety of roles, from entry-level executives to senior managerial positions. Companies largely rely on...