Advantage Procurement

E-Auctions is gaining prominence among global procurement organizations as they are looking to increase cost savings as well as drive efficiencies. To download Whitepaper: Click here

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With inputs from Ajiteshpreet Bhatia, Research Analyst, Oil & Gas

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Recently, the world of construction was a bit stunned when news began to spread that a Chinese construction company had built a 57-story building in just 19 days. About 95% of the building parts were fabricated at the factory and more than 1000 workers assembled the building, its parts and erected at the construction site, …

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Abstract With high inflation in many emerging markets, it has become very challenging to find new ways to optimize procurement costs. The global economic scenario is now forcing companies to reduce their procurement costs on a sustained basis to improve bottom-line. According to Everest Group estimates, 5-10% reduction in overall indirect spend can translate into …

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