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IISCM

Integrated Institute of Supply Chain Management, a unit of Fhyzics Business Consultants Private Limited specialising in supply chain management consulting and education. IISCM trains and certifies SCM professionals in procurement, supply chain management, inventory, and warehousing.

Procurement Terminology – Arm's Length Relationship

In the realm of procurement, establishing robust relationships with suppliers is a cornerstone of success. One term that holds particular

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Procurement Terminology – Non-Profit Organisation

Non-profit organizations (NPOs) operate with a mission-driven focus, aiming to create positive societal impact rather than generate profits.

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Procurement Terminology – Market Comparisons

In the intricate realm of procurement, informed decisions are the cornerstone of success. Enter the concept of Market Comparisons – a

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Procurement Terminology – Competitive Bids

In the world of procurement, where choices hold the power to shape an organization's success, the concept of Competitive Bids emerges

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Procurement Terminology – Competitive Assessment/Teardown

In the realm of procurement, staying ahead of the competition requires more than just finding the lowest price. Enter Competitive

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Procurement Terminology – Price Indexes

In the dynamic landscape of procurement, accurate and timely decision-making is crucial. One of the key tools that organizations

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Procurement Terminology – Total Cost of Ownership Analysis

In the world of procurement, decisions go far beyond simply choosing the lowest-priced option. Organizations are increasingly turning to

In: SCM

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