What is a BALANCED SCORECARD (BSC)?
It is very important for any company or business to know what is happening in real time. Having this global and real vision facilitates decision making, allowing the company to stay ahead of the competition, act quickly in the face of incidents, detect market trends...
DIGITAL TWINS AND ITS APLICATION TO PROCUREMENT
WHAT IS A DIGITAL TWIN? The emergence of "digital twins" is further proof of the power of technology and its advances in Artificial Intelligence (AI) and the Internet of Things (IoT). A digital twin is a replicated digital version of a real object or service, and has...
DIFFERENCES BETWEEN DIRECT AND INDIRECT COSTS
In this post we will talk about direct and indirect costs, how they differ and examples to clearly identify them within your organization and be able to act on each type of cost. A purchase or direct cost is the set of acquisitions of a company that are directly...