by Deb Dulal Das | May 28, 2024 | Blog, Strategic Purchasing, Strategic Sourcing
What is the meaning of strategic purchasing? Strategic purchasing is the process of planning and managing procurement activities to align with a company’s long-term goals. It optimizes supplier relationships, cost efficiency, and value creation to support...
by Deb Dulal Das | May 20, 2024 | Blog, India Sourcing, Strategic Sourcing
Hasbro is a global leader in toy and board game manufacturing. It keeps refining its sourcing strategy to stay ahead in the tough global market. In India, the company’s approach combines market penetration, localization, and cost-effective manufacturing. This article...
by Deb Dulal Das | May 10, 2024 | Blog, Sourcing Agency, Strategic Sourcing
Criteria for Selecting the Right Sourcing Agency for Your Business: Industry experience and expertise. Geographical reach and network. Quality assurance and control. Cost management and transparency. Communication and customer service. Ethical practices and corporate...
by Deb Dulal Das | Apr 15, 2024 | Blog, Procurement, Strategic Sourcing
With its sustainable and effective procurement strategy, which prioritizes reducing environmental impact while maximizing operational efficiency, Nestlé is leading the industry in this regard. This strategy reduces waste and streamlines supply chains by combining...
by Deb Dulal Das | Apr 8, 2024 | Blog, Strategic Sourcing
In today’s rapidly evolving technological landscape, artificial intelligence (AI) is revolutionizing industries across the board, with logistics standing out as a prime example of this transformation. Panasonic Connect is at the forefront of this revolution,...