Key Challenges Faced by Industrial Firms in Procurement
Procurement Resource Blog
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1w ago
Earlier, the industrial firms used to source directly from the raw material providers in large volumes. In the early 80s, the monopoly persisted due to the presence of one or two major players in the market ..read more
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Why Procurement Intelligence?
Procurement Resource Blog
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1w ago
Intelligence is simply about being informed and when you are informed you tend to make intelligent decisions. Imagine this - you are in China town and you see a toy that you want to buy for your kid, you ask the stall owner for the price and she replies saying 20 dollars ..read more
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A Boon or a Bane: What do India’s New Farm Laws Mean for the Indian Agricultural Industry?
Procurement Resource Blog
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1w ago
In India, a wave of economic liberalisation has been witnessed across most economic sectors of the country since the implementation of liberalisation reforms of 1991, barring the agricultural industry ..read more
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The Growing Need for Room in Warehouse Industry
Procurement Resource Blog
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1w ago
COVID-19 has had several and varied impacts on businesses and individuals, and some of those impacts may become the new normal ..read more
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An Overview of the Global Sugar Industry
Procurement Resource Blog
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1w ago
The global sugar industry includes the production, processing, and marketing of sugars. Presently, around 110 countries manufacture sugar from sources like sugar cane or beet, and eight out of these countries produce from both sources ..read more
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Pros and Cons of Red Wine
Procurement Resource Blog
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1w ago
Wine is popular among alcohol enthusiasts and is frequently enjoyed with meals. It is made from fermented grapes in a process in which yeast breaks down the sugar in the grapes and turns it into ethanol and carbon dioxide, releasing heat ..read more
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Overview of the Global Milk Industry: Challenges, Uncertainties, and Impact of COVID-19
Procurement Resource Blog
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1w ago
Milk production is carried out by around 150 million families around the world. Smallholders in most developing nations produce milk, and milk production contributes to household livelihoods, food security, and nutrition ..read more
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Superabsorbent Polymers a Derivative of Acrylic Acid Accounts for 30% of Its Total Global Demand
Procurement Resource Blog
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1w ago
Acrylic acid is a colourless unsaturated carboxylic acid with the molecular formula C3H4O2 produced by catalytic oxidation of propylene in two stages. It can be esterified to form homopolymers and copolymerized with esters and other vinyl monomers to form copolymers. Thus, acrylic acid is primarily used in the manufacture of polymers for various plastic products, but it can also be used to manufacture adhesives, sealants, and surfactants. The acrylic acid market is divided into derivative, application, and geography. By derivative, the market is divided into methyl acrylate, butyl acrylate, et ..read more
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Caustic Soda is a Critical Raw Material in Various End-Use Industries, Helping in the Growth of the Market
Procurement Resource Blog
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1w ago
Caustic soda is an inorganic compound of sodium cations Na+ and hydroxide anions OH and is commonly known as sodium hydroxide. It is manufactured in the industrial sector using the electrolytic Chlor-alkali process, in which aqueous sodium chloride solution is electrolyzed to produce chlorine gas and sodium hydroxide ..read more
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Overview of the Global Acetic Acid Industry
Procurement Resource Blog
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1M ago
Acetic acid is used in various industries, including chemical, pharmaceutical, textile, polymer and paints, and food and beverages. It has multiple applications in the food industry and is commonly referred to as vinegar ..read more
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