I have seen purchase teams of Infra companies wondering how they can effectively plan their buying schedules to maximize profits based on the previous price trends. I have a simple answer to this seemingly complex question. Buy when others don’t! Yeah pretty stupid and simple! The logic and conclusion is based on a simple fact […]
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Systems in vendor organization = More profits for customer!
Systems are integral part of any business. If consistency needs to be maintained in service given to customers, then having systems in organization in very important. But do we look for systems while selecting our vendor? More often we don’t care to dig deeper to find the systems in vendor’s organization. From my experience and […]
Effects of GST on price & availability of structural steel across India
Hello friends, after the landmark change in India’s indirect tax regime, GST (Goods and Service Tax), all purchase managers have the question of its impact on Iron and Steel products. I am happy to share my understanding and perspective on the same. I. Prices : According to me, prices of steel products all over India […]
4 most important factors to select a mild steel supplier
Stееl аѕ we know іt іѕ оnе оf the most uѕеd metals іn thіѕ world. Be іt аnу іnduѕtrу or for that mаttеr, аnу residential work nееdѕ this metal on a daily bаѕіѕ. Thеѕе dауѕ a metal supplier іѕ аn invaluable resource tо еvеrуоnе, еѕресіаllу tо thоѕе whо wоrk іn the rеаl еѕtаtе fіеld. But […]
Four easy steps to Do more in less for project managers
Tips and tricks for project managers to get things done faster If you are a project or purchase manager, then you are bound to face the below mentioned problem on regular basis. Your vendors give you quotation in different formats with different terms and conditions It feels like forever to make comparison charts with the […]