Eighty percent of your time is wasted while negotiating contracts. This is commonly experienced when both are in disagreement with the terms and conditions stipulated in the contract. The negotiation phase is a gruelling process that both consumes time, energy, and can impede the developments ...Globalization brought a lot of changes in the realm of business and supply. It paved the way to develop a new breed of professionals such as that of a Certified Professional in Supply Management (CPSM). Before globalization made its way into the limelight, a number of business operate only within a ...Companies do not just give salary and budget increase. Top-ranking officials specially in the finance department are very strict when it comes to spending and budgeting money. That is why you are still earning the same salary despite the fact that we are no longer in the period of recession; penny-p...Supply chain professionals usually encounter bottleneck dilemma when a company purchase supplies with a multiple list of suppliers. This can be a purchase wherein each product consists of 25 or more parts, components or units. Furthermore, bottleneck in a business point of view pertains to a part of...
Driving a company well includes good skills in supply management that also goes hand in hand with budget planning and management. You might be wondering what’s the connection between budget management and supply management, as we go along the discussion things will get clearer on how this two are re...(16)
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