For any individual, who has either studied or has worked in a procurement firm for any finite length of time, would certainly vouch for the fact that this industry plagued by a serious lack of clarity, when it comes to business terminologies. It has been witnessed that two terms, might be used interchangeably, even though…
What is Procurement Fraud?
Why Does Procurement Fraud Occur? Procurement fraud, as it is indicative of its name, can actually injure your organization by obliterating huge amounts of money, time and other crucial resources. Procurement fraud can occur for a multitude of reasons, some of which are mentioned below; Delivering customers certain goods of inferior quality, as opposed to…
DIY Hand Tools Your Workshop Must Have
There is an ancient proverb that says: “anything worth doing is worth doing right”. An upshot of the statement is that in order to execute your job right, you need to boast of the right set of tools. The hand tools in your workshop’s treasure chest mostly revolve around your own expertise and, level of…
Illuminating the Benefits of LED Street Lights
The implementation of LED street lighting is quickly moving from pilot projects to extensive use owing to the gamut of promises the technology offers. Promises include financial benefits, significantly reduced carbon emissions & enhanced safety and security quotient. All of this can be better achieved with a succinct understanding of the technology and its functionality. You…
Moving Your B2B Sales Model Online? Here’s What You Can Consider. Part II
In our last iteration, we disseminated some upfront facts regarding the trends of ecommerce. However, in this version we’ll be mulling upon a suitable road-map for a seamless transition of your offline b2b sales model to online! Mentioned below are some questions which companies should ask before they begin the transition to move their sales-models…
Moving Your B2B Sales Model Online? Here’s What You Can Consider.
The world at large is witnessing a paradigm shift to ecommerce right now. According to official reports, 88% of people had bought goods or services online in the last 12 months. Within this same time period, more and more B2B companies have recognized that their customers now insist on replicating the same seamless buying experience,…
Aging Office Furniture? See What You Can Do With it.
If you are an administrative head of your office, you are more likely to be responsible for devising a solution, for your aging office furniture which is past its prime. Fortunately, there are a plethora of environmentally friendly approaches, which are in fact convenient too, which will surely help when dealing with your old office…
Ordering Business Supplies? Order Online.
Ordering Business Supplies? Order Online. If you’ve always ordered business supplies by catalogue, it can be all too easy to keep up the habit. However, making a pragmatic switch to online ordering can actually turn out to be a real game changer, eliminating disorganization you may not be even aware of until they’re expunged out….
Steps to Extend Mechanical Equipment Life
Preventive and corrective maintenance entails periodically scheduled equipment upkeep to circumvent any abrupt and unexpected equipment failure and resulting downtime. For a production environment, it also drastically reduces the total ownership cost of the equipment asset and extends its expected service life. Maintenance of mechanical equipment, involves much more than what meets the eye. In…