Supply Chain Management What are the 5 P’s of procurement? February 6, 2026 by Myaya | Leave a Comment In the world of procurement, understanding the 5 P’s of procurement is essential for effective supply chain management. These principles guide organizations in making informed purchasing decisions, ensuring they acquire the right products at the right time and price. The 5 P’s include: Product, Price, Place, Promotion, and People. What Are the 5 P’s of […] Read more »
Supply Chain Management What are the 10 C’s of supplier selection? February 6, 2026 by Myaya | Leave a Comment To effectively select suppliers, businesses often rely on a framework known as the 10 C’s of supplier selection. This comprehensive approach ensures that companies choose suppliers who meet their needs and contribute to their success. The 10 C’s help businesses evaluate potential suppliers based on critical criteria, ensuring a reliable and efficient supply chain. What […] Read more »
Supply Chain Management What are the 5 key criteria when selecting a supplier? February 6, 2026 by Myaya | Leave a Comment Selecting the right supplier is crucial for any business aiming to maintain a competitive edge and ensure seamless operations. The five key criteria to consider when choosing a supplier include quality, cost, reliability, service, and compliance. Making informed decisions based on these factors can significantly impact your business success. What Are the 5 Key Criteria […] Read more »