Creates and receives RFPs on cloud with instant 1:1 analytics. Provides budget tracking and change order management capabilities. Offers real-time insights and automated monitoring. Includes centralized invoice storage and seamless collaboration
Supplier selection criteria define key characteristics organizations look for in potential suppliers. Well-defined criteria help procurement managers distinguish suitable suppliers. Strategic supplier selection leads to improved operations and cost efficiency
Integrated maintenance systems have been developed for various manufacturing companies. Condition-based maintenance uses intelligent predictive decision support systems. METRIC technique controls recoverable items in manufacturing systems
RFI gathers general information about potential suppliers and their capabilities. Used when problem exists but solution is uncertain. Follows formal process initiated by specialty contractors. Helps evaluate market and identify potential suppliers
"Made in PRC" indicates products manufactured in the People's Republic of China. It's a different label from "Made in China" used for compliance. Products can be of any quality despite being labeled "Made in PRC"
84% of dropshippers face challenges in finding reliable suppliers. Reputation, returns policy, and distribution center location are crucial factors. Competitive prices and bulk order discounts are essential