September 13, 2025/
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Due to geopolitical dynamics and tariff pressure on Chinese goods, Walmart made a strategic move to enable businesses to ship...
Hi! My name is Debasis Bandyopadhyay. Welcome to my page Procurement Gyan. Starting my career in 2005, I have nearly two decades of experience in Strategic Sourcing, Vendor Development & Supply Chain Management.
The motto for this page is to foster a collaborative environment where procurement professionals can share their expertise, and exchange diverse ideas and perspectives about various Supply Chain Management topics.
Due to geopolitical dynamics and tariff pressure on Chinese goods, Walmart made a strategic move to enable businesses to ship...
Amazon is employing artificial intelligence in its supply chain process to predict the customer demand, inventory levels etc. This will...
Strategic Sourcing In supply chain management, procurement is the process of securing all the goods and services a business needs to operate, like raw materials, consumables, software, and office stationeries etc. Sourcing refers to finding, evaluating, and on boarding of suppliers that can provide those goods and services. This process...
What is Contract Management in Procurement? Contract management refers to the process of managing contracts throughout their entire lifecycle—from creation to renewal. The primary goal of the contract management is to ensure all parties fulfil their contractual obligations efficiently and effectively. Procurement contract management is the systematic process of creating,...
Generative AI in Procurement Generative AI, a specialised branch of Artificial Intelligence is proving itself as a very useful tool which is revolutionizing the procurement. It is designed to create new contents such as text, images, audio, and even code by learning patterns from vast amounts of data. It helps...
Risk Management in Procurement A risk can be defined as an uncertain outcome (either positive or negative) that may affect the procurement process at any time. All procurement is subject to risk. Managing risk in procurement is a very tricky business and it is a continuous process. Risks like price...
Hi! My name is Debasis Bandyopadhyay. Welcome to my page Procurement Gyan. Starting my career in 2005, I have nearly two decades of experience in Strategic Sourcing, Vendor Development & Supply Chain Management.
