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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 – Sourcing Strategy

 

In the realm of procurement, the term "Sourcing Strategy" emerges as a crucial concept, serving as a blueprint for how organizations

In: SCM

Procurement Terminology – Benchmarked Prices

 

In the realm of procurement, the concept of "Benchmarked Prices" emerges as a crucial tool, offering a comparative framework to assess

In: SCM

Procurement Terminology – Continuous Improvement

 

In the realm of procurement, the concept of "Continuous Improvement" takes center stage, acting as a driving force behind

In: SCM

Procurement Terminology – Criteria

 

In the realm of procurement, the term "Criteria" serves as a guiding compass for effective supplier selection and decision-making. Criteria

In: SCM

Procurement Terminology – Total Cost of Ownership

 

In the realm of procurement, the term "Total Cost of Ownership" (TCO) emerges as a pivotal concept, offering a holistic perspective on

In: SCM

Procurement Terminology – Critical Path

 

In the realm of procurement, the term "Critical Path" emerges as a fundamental concept, serving as the strategic roadmap that ensures

In: SCM

Procurement Terminology – Key Suppliers

 

In the intricate landscape of procurement, the term "Key Suppliers" stands as a foundational concept, representing a select group of

In: SCM

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