Category management is a strategic approach to procurement that groups similar products or services into categories and manages them as a single unit. This approach allows organizations to streamline procurement processes, achieve cost savings, and enhance supplier relationships. In this blog, we will delve into effective...
Procurement outsourcing involves transferring certain procurement activities to external service providers to leverage their expertise, technology, and scale. This strategy can help organizations streamline operations, reduce costs, and focus on core competencies. However, outsourcing procurement also has its challenges. This blog explores when and how to...
History of Indian Education Policy Pre-Independence Era India’s formal education system dates back to the ancient Gurukul system, where students lived with their teacher (guru) and received education in various subjects. The British colonial era introduced Western-style education with institutions like the University of Calcutta, University...
Geopolitical events significantly influence global procurement and supply chains, impacting the flow of goods, increasing costs, and necessitating strategic adjustments. For India, a country deeply integrated into the global economy, these events have profound implications. This blog examines how geopolitical events affect procurement and supply chains...
Strategic sourcing is a key component of effective procurement management. It involves a systematic approach to acquiring goods and services that emphasizes long-term relationships, cost savings, and value creation. As organizations strive to remain competitive, implementing best practices in strategic sourcing can significantly enhance their procurement...
In the world of procurement, supplier relationships play a pivotal role in achieving business goals and ensuring smooth operations. Strong, long-term relationships with suppliers can lead to cost savings, improved quality, innovation, and a reliable supply chain. Here, we discuss essential tips for building and maintaining...
Procurement is evolving rapidly, driven by technological advancements, changing economic landscapes, and the increasing importance of sustainability. As we move through 2024, several trends and innovations are shaping the future of procurement. Understanding these trends can help organizations stay ahead of the curve and optimize their...
India, a nation rich in diversity and brimming with potential, is on the brink of significant transformation across multiple sectors. As we look to the future, it is essential to understand the trajectory of India’s development in terms of economics, defense, business, employment, internal security, international...
Hello and welcome! I’m Rajarshi Pahari, a Mechanical Engineer by profession and a curious explorer at heart. This is a space where I share my journey, experiences, and insights on various topics that fascinate me – from corporate life to management skills, from the rich history and...
Hi I am Rajarshi, through my Blog & videos I try to represent my thought process, knowledge & experience.
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“Education is not solely about earning a great living. It means living a great life.”
– Brad Henry
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