Low-cost country sourcing (LCCS) is procurement strategy in which a company sources materials from countries with lower labour and production costs in order to cut operating expenses.LCCS falls under a broad categoryRead More…
TOP THREE BENEFITS OF MARKET INTELLIGENCE
To be successful in the market, organizations must develop marketing strategies that create positive customer relationships, drive leads, and build customer loyalty among their target group. But the question is “How doRead More…
4 Phases of an audit
Audit preparation – Audit preparation consists of everything that is done in advance by interested parties, such as the auditor, the lead auditor, the client, and the audit program manager, to ensureRead More…
What is strategic sourcing
Strategic sourcing is an approach to supply chain management that formalizes the way information is gathered and used so that an organization can leverage its consolidated purchasing power to find the bestRead More…