Discuss the benefits and drawbacks of electronic procurement. (a) Does a deficit in China or the US change the overall advantage or disadvantage of trade? (b) Why? What are the advantages of a marke...
Through a well-designed ERP platform, your supply chain can become better and more responsive via improved demand forecasting, inventory management, procurement and more. A streamlined supply chain also facilitates manufacturing innovations, which can help you reduce costs and develop exciting new product...
Duty free import or domestic procurement of goods for setting up of the SEZ units. Goods imported/procured locally are duty free and could be utilized over the approval period of 5 years. Exemption from customs duty on import of capital goods, raw materials, consumables, spares, etc. ...
A Disadvantage of Value Chain Analysis While there are many advantages to conducting a value chain analysis, there is one major potential drawback. Pointedly: by focusing too granularly on micro details, the broader strategic view can get lost. After all, the main purpose of value chain analysis...
Real-time data reporting is one of the highlights of an ERP solution and why it’s a serious advantage over other business management systems. With ERP reporting tools, organizations can customize reporting across many different functions, such as finance, inventory, procurement and human resources ...
Exporters were the unintended beneficiaries in this scenario and were consequently able to negotiate lucrative rates, reducing ocean freight procurement spending and boosting bottom lines. An added advantage was that with the lower procurement costs, Exporters were in a position to pass on some of the...
if the current trading company is not very good and the service is very good, it will be difficult to do well. Because the information of this era is very pparent, Google customers can find factories, and the price technology of the factory will have advantages. What kind of people are ...
At present, due to the lack of standards, the quality products produced by some enterprises can not win the bid in the national procurement. Many small businesses do not have no ability to produce high-end products, but the production of low-end products is more profitable. This has hurt ...
Irrigation involves the use of different equipment such as pipes, tubes, and sprinklers to water the crops. The water can be distributed manually or by the use of automated systems. The automatic irrigation system requires minimal manual intervention and is operated by having sensors, timers, or...
The rise of China had a positive impact on neighbouring countries, which, too, saw an increase in foreign investment as large corporations set up production facilities in other countries, resulting in Asia, as a whole, dominating global production in most sectors. ...