Recent developments of Russian-Ukrainian conflict that entered a ‘hot phase’ with the tensions over Crimean Peninsula clearly demonstrates for Europe that dominant position of one gas supplier in the region may be used as a powerful tool in geopolitics. Manipulating by gas prices, which have direct impact on Ukrainian economic growth, Russia has caused dramatic […]
How Reliance Retail led the revival of co-operative chain ‘SahkariBhandar’
<p>‘A neighbourhood store-turned-super market’ is how one will describe the 40 year old co-operative chain, Sahkari Bhandar. Such a description is not common to a neighbourhood store which sells regular grocery and household items, but Sahkari Bhandar has been able to shore up its standing to match up to the levels of new-found super market […]
Inflation is a Powerful Force to Contend With
Inflation is a general increase in the price level of goods and services in an economy over time. When the general price level increases, each currency unit (USD, EUR, GBP, etc.) buys fewer goods and services. As such, inflation reflects a reduction in the purchasing power of money. This is actually an erosion of real […]
Easing Into ERP: 4 Considerations for Getting Started
The time for your business to implement an enterprise resource planning solution has finally arrived. You’ve grown to the point where you require centralized software that connects your supply chain with accounting and human resources. You’re hoping to improve communication between departments and the efficiency behind your company’s processes. But bringing an ERP platform into […]
How to Overcome COVID-19 Procurement Hiccups
COVID-19 laid bare some huge gaps in supply chains worldwide. Late deliveries, products out of stock, and vendors closing their doors for good have become the new normal over the past several months. With no end in sight to the pandemic, companies need to move out of crisis mode and accept the new reality: your […]
3 Industries Ripe with Opportunity for the Gig Economy
The gig economy won’t stop at taxis and food delivery services. Workers today demand more flexibility and agency in their employment, and thanks to a proliferation of self-directed options, they have more choices than ever. Industries that have so far escaped mass changes from gig economy influences won’t hold out for long. On-demand work opportunities […]
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