How Agribusinesses Can Achieve Scale With Vendor Digitization?
Bizongo Hive | Your Source of Packaging Stories
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1y ago
Vendor digitization is transforming the agriculture sector by helping agribusinesses to overcome challenges in areas of supply chain management, accessibility to markets, and digital payment systems ..read more
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How Business Management Platforms are the Future of MSME Procurement
Bizongo Hive | Your Source of Packaging Stories
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1y ago
With the launch of the 5G Network, our government has made it clear that India’s growth will be helmed on the back of digitization. MSMEs and SMEs will greatly benefit from business management platform, specially procurement platforms, with powerful tech features to streamline and automate processes ..read more
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How You Can Lead Your Industry With These Procurement Planning Strategies
Bizongo Hive | Your Source of Packaging Stories
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1y ago
To meet your organisation’s core objectives, you need a long-range plan to ensure timely supply of goods and services. That is why procurement planning becomes so important in your business mix. Procurement planning is the process of putting in place an efficient system to optimise and fast-track sourcing. Now, the procurement plan needs to be in alignment with different teams across the organisation, everyone believing and working towards the company’s goal. Going by the sheer number of people involved, implementing these steps only using manpower can be tricky. A clever software can remove m ..read more
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How to find new customers: A simple stratagem for MSMEs
Bizongo Hive | Your Source of Packaging Stories
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1y ago
MSMEs wondering how to find new customers need to adapt to the accelerating digital age for customer acquisition. Discovering new customers through digitisation, engaging them with personalization and connecting them through tender discovery platforms leads to higher customer reach and business growth ..read more
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How Revenue-based Financing Can Ease Production Process During Festivals
Bizongo Hive | Your Source of Packaging Stories
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1y ago
Typically, during the holiday season, there is a rise in demand for products and services. For manufacturers to meet this demand, they must begin preparing in advance. During this time, boosting their production processes by obtaining revenue-based financing for the festive season may be the best option for increasing production to meet high demands ..read more
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How you can Grow Your MSME Business at 5G Speed with Collateral-Free Credit Lines
Bizongo Hive | Your Source of Packaging Stories
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1y ago
It is hard to imagine an industry that hasn’t benefited from the digital revolution. Small and large B2B sectors, online entertainment, SME & MSMEs, and e-retail have advanced massively from this overhaul. One of the great milestones of Digital Innovation is the launch of the 5G network. India’s aspirations for growth and the enthusiasm surrounding the launch of 5G is truly empowering. And it promises game-changing improvements for MSME financing in India ..read more
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7 Measures that Must Constitute Your Vendor Risk Management Strategy
Bizongo Hive | Your Source of Packaging Stories
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1y ago
Assessing and managing vendor risk is important to address unforeseen circumstances and protect your business’s reputation. Building a comprehensive vendor risk management plan can help you proactively identify and protect your supply chain against vendor risks ..read more
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What is vendor leasing? How does vendor leasing benefit SMBs?
Bizongo Hive | Your Source of Packaging Stories
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1y ago
Vendors in partnership with business financing companies provide customers convenient, on-the-spot financing using vendor leasing. Vendor leasing is a win-win for all parties involved - vendors, business financing companies, and customers ..read more
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Complete Guide on Working Capital Financing for Your MSME
Bizongo Hive | Your Source of Packaging Stories
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1y ago
MSMEs often face cash shortages and require timely funds to maintain liquidity. Working capital loan for MSME is one of the working financing instruments that helps businesses improve cash flow to keep operations running and enhance business growth ..read more
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Complete Guide to the Vendor Selection Process
Bizongo Hive | Your Source of Packaging Stories
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1y ago
Vendor selection must be done right for businesses to reap its benefits. Digitized solutions, such as electronic vendor discovery and digital vendor management, can play their part in optimizing the vendor selection process ..read more
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