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Flipping the coin of Maverick buying

Your choice heads or tails The trouble in cost cutting for most firms is caused by Maverick buying. This concept can be seen often in every organization and yet is ignored. Before digging deep into the concept, here are the … Read more


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Catalog marketplace

Catalog marketplace Procurement process involves various tasks including the purchase of products for a business influenced by factors such as stock availability, price, supplier evaluation and performance. The process turns complicated when it comes to the selection of right seller … Read more


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Digitisation of logistics sector

Digitisation of logistics sector Logistics, one of the country’s largest sector which still runs in a traditional way. The automation of this sector which was much needed has just started. Such as blackbuck logistics which came up with an idea … Read more


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Input Tax Credit (ITC)

Understand ITC in layman terms…   ITC or Input Tax Credit is an efficient way to say no to doubling of taxation. The government agrees that it is not fair to tax one single product several times, so ITC came … Read more


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GST for SME: fit or misfit

GST is biggest tax reforms of the country post independence, and yet a month after its’ introduction, Small and Medium Enterprises (SME) which are the biggest job-creators in India, are struggling to cope up with these changes. India has about … Read more


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GST: boon or bane for Agriculture

It is more like stating the obvious if said, agriculture is the most important part of the Indian economy. India, after all, is known as the land of farmers and ranks second worldwide in farm output. It is a matter … Read more


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Here Are 5 Reasons Why GST Is Unique In It’s Own Way…

France was the first country to introduce GST (in 1954), currently implemented in 106 countries in one form or the other. (economic times) The launch of GST was one of the few historically marked midnight sessions held by the parliament … Read more


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IT PROFESSIONALS… ‘What’s your plan B’

Alarmism! IT job cuts! IT layoffs are the hot topics in the town these days. Which is obvious to be, as the most endearing $150 billion sector is about to make 600,000 employees worry about their jobs in upcoming 3 … Read more


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‘PROCUREMENT AS A CAREER’

‘PROCUREMENT AS A CAREER’ “Procurement is an act of finding, acquiring, buying goods, services or works from an external source, often via a tendering or competitive bidding process”. In layman’s language, procurement is nothing but efficient purchasing of only what you need. Procurement is … Read more