Searching for the perfect Industrial tools for your job is not a simple task. The requirements of people vary as per the aspects like features, durability, reliability, budget, and more. You might be looking for a high-speed or a power drill machine while someone might need a lightweight model or the one that fits in…
How to Improve Supplier Relationship & Performance
Procurement companies and professionals alike are always hunting for techniques to review, concretize & improve upon relations with their suppliers. The flipping of a calendar year provides a good opportunity to evaluate supplier performance in order to have seamless coordination whole year long. Nowadays, there are a number of ways to collect feedback. However, the…
How Manufacturers Can Indulge Themselves in Comprehensive, Yet Profitable Trades?
A global economy implies that fair trade can take place across borders to the benefit of both, the buyer as well as the seller, however, from the perspective of manufacturers a global economy simply translates into tougher competition, more demanding customer needs and fast-paced change. In order to succeed in such a competitive environment, companies…
Make in India program-Growth opportunities and challenges
Represented by a roaring lion signifying continuous progress PM Narendra Modi set out The Make in India campaign on September 25th, 2014 to transform India into a global design and manufacturing hub. The concept focuses on 4 main aspects – Kickstarting new initiatives Attracting foreign direct investment National manufacturing for a global audience and Ease…
E-Commerce (EC) – Key to sustainable profitability for the Industrial distributors
From our learning from the wonderful webinar organized by the Industrial Distribution Media on 3rd Sep E-commerce platforms (EC) are increasingly being used by the top Industrial Supplies distributors across the globe as a key tool to achieve sustainable profitability. The distributors of the matured markets like North America have been on the look out…