9 Popular Types of Industrial Valves: Pros, Cons & Applications of Each

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9 Popular Types of Industrial Valves: Pros, Cons & Applications of Each According to a market study, the global industrial valves market is predicted to exceed a whopping $77 billion by 2022. The demand for industrial valves is expected to rise steadily, as these valves are used across a wide range of sectors including automation, […]

Industrial Motors – 3 Main Types & Features

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Industrial Motors – 3 Main Types & Features A generator converts mechanical energy to electrical energy, whereas a motor converts electrical energy into mechanical energy. Both motors and generators work based on the Fleming’s rule and the principle behind the working of these devices is electromagnetic induction. In this guide, we walk you through the […]

The 6 Major Procurement Challenges Burdening Procurement Teams Today

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The 6 Major Procurement Challenges Burdening Procurement Teams Today In this guide, we walk you through the common procurement challenges and help you overcome them with strategic changes to your procurement practice. Can you believe that procurement dates all the way back to 3000 BC? The ancient Egyptians used scribes to track material procurement and […]

What is Strategic Sourcing & Why Does it Matter?

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What is Strategic Sourcing & Why Does it Matter? In today’s cut-throat business environment, having a reliable and robust supply chain is a must for the success and sustainability of your business. Supply chain professionals and procurement managers are exploring creative ways to cut down costs, improve the quality of goods, and ensure timely supply. […]

The Seven Purchasing Tactics that All Procurement Managers Should Know & Implement

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The Seven Purchasing Tactics that All Procurement Managers Should Know & Implement The right purchasing strategy offers immense benefits to your business. It helps you: Cut down costs Source quality goods Get goods and inventory at the right time Work out a win-win deal When it comes to devising procurement strategies, different businesses and procurement […]

How to build a data-driven procurement approach? | EuroIndustriel

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How to build a data-driven procurement approach? | EuroIndustriel The 20th century was powered by oil, whereas the 21st century is powered by big data. The future is indeed data-driven. Is your procurement team leveraging big data to maximise opportunities?Today procurement departments face bigger challenges every day. Companies want to focus on reducing costs, mitigating […]

Pump Procurement Strategies: Why Low Initial Cost Doesn’t Translate to More Overall Savings

Pump Procurement Strategies: Why Low Initial Cost Doesn’t Translate to More Overall Savings Industrial pumps play a crucial role in the overall functioning and efficiency of various industries. Paper mills, power plants, desalination plants, chemical processing factories, fertiliser units, oil and gas industries, cement industries and several other industrial units depends on high-quality pumps to […]

Top 5 Interesting Trends to Watch Out for in Manufacturing Procurement

Top 5 Interesting Trends to Watch Out for in Manufacturing Procurement Hello readers! In this week’s post, we’ll be focussing on trends and insights that are moulding procurement trends in the manufacturing industry. During the last few years, we have seen mega-mergers and mammoth global supply chains spanning a dozen countries and expanding across continents. […]