Tuesday, 29 September, 2020

Tag: procurement

₹90,048 crores allocated for defence modernisation in 2020-21

The government has allocated ₹90,048 crores for capital acquisition (modernization) of the armed forces under Defence Service Estimates in 2020-21, an increase of over ₹9,000...

Separate budget head created for domestic capital procurement: Rajnath Singh

Defence Minister Rajnath Singh on Sunday said a separate budget head has been created for domestic capital procurement. "MoD has bifurcated the capital procurement...

STRATEGIC PROCUREMENT – THE KEY TO ACHIEVING CORE BUSINESS OBJECTIVES

Strategic Procurement can be considered an organization-wide process involving all functional areas of any business. The main crux is to set the entire direction...

Strategic Sourcing: A Science or an Art!

A few years ago, one of my professional mentors said to me - Strategic Sourcing is not about trying harder. It is about working...

The most important principle for procurement is lowering cost quickly: Partner...

Recently, CPO Innovation talked with Daniel Weise, Partner & Managing Director, Boston Consulting Group, Düsseldorf on setting up a Digital Roadmap vision for Procurement...

The Importance of Finance & Procurement Collaboration – Tweetchat

Collaboration between finance and procurement departments is essential for the long-term success of a business and to ensure that it’s achieving maximum ROI. With...

Reinvention of Procurement Through IoT – Tweetchat

On September 6th, 2019, CPO Innovation Media conducted a pre-conference Tweetchat on REINVENTION OF PROCUREMENT TROUGH IoT which was a precursor to the Tech...

Tweetchat on Delivering Value in Procurement with RPA – 23rd August...

On August 23rd 2019, CPO Innovation Media conducted a pre-conference Tweetchat on DELIVERING VALUE IN PROCUREMENT WITH RPA which was a precursor to the...

Featured Interview – USG Boral’s Procurement Transformation Journey

In a conversation with CPO Innovation Media, Nat Parameswaran, Group Vice President, Global Procurement and Supply Chain at USG Boral Building Products talks about...

Blume Ventures, Rainmatter Invest in Procurement Startup Procol

Delhi-based procurement startup, Procol raised $1million in seed funding from early-stage investor Blume Ventures and Rainmatter Capital. Procol helps food retail companies reducing their procurement...

Tactics of Negotiation in the Realm of Procurement : The Objective...

My transition into the realm of strategic negotiation had been a brick by brick journey. Through various chiseling and contesting of my skills by...

Tactics of Negotiation in the Realm of Procurement: Part 1

I am a procurement professional with over a decade of experience in the domain. Ever since I started my journey in this field I...

Procurement Opportunities With Indian Public Sector Undertakings

Introduction Public procurement means procurement by government departments or public sector undertakings for own consumption and not for commercial resale. In words, the act of...

Building an Ethics Based Team Culture

In the functional domains of Procurement and Supply Chain, one of the basic expectations from an employee is to follows the highest standards of...

Artificial Intelligence is not about replacing humans

Artificial intelligence (AI) is not about replacing people but augmenting them, a conference was told. At the Art of Procurement event, Paris, the benefits of...

Technology Supply Chain Conference 2019|BLR Edition Successful!

The Bengaluru edition of Asia’s largest supply chain conference the Tech Supply Chain Conference and Exposition 2019 which was held in Bengaluru on 11th...

IAF Finalising Norms for 114 Fighter Jets

The technical parameters for the 114 fighter aircrafts tender have been almost finalised by the Indian Air Force (IAF). The case is expected to...

Blockchain Marketplace Launched by Indian Coffee Board to Improve Supply Chain

The Indian Coffee Board has announced to launch a new blockchain powered e-marketplace for coffee. Dr. Anup Wadhwan, Commerce Secretary; Mr Jose DausterSette, Executive...

Alibaba platform adds procurement, fulfillment services

Tmall Global, an online marketplace operated by Alibaba, launched two initiatives: Centralized Import Procurement (CIP) and Tmall Overseas Fulfillment (TOF), designed to help international brands and...

Transparency: What to expect in Public Procurement

Public Procurement spends in India has been in the range of 20-30% in recent years (WTO and OECD estimates). According to the Ministry of...