Supply Chain Management (SCM)

Supply Chain Management (SCM) is the comprehensive management of sourcing raw materials, product development, production process, logistics, distribution channel along with the information and services required to reach the ultimate consumer with finished products. TheRead More

EPC Contract

EPC stands for ‘Engineering, Procurement and Construction’. EPC contract is a type of construction contract between parties where the contractor is responsible for all the engineering, procurement, and construction activities to deliver the completed projectRead More

turnkey contract

Turnkey contract is typically a construction contract under which a contractor is employed to plan, design and build a project or an infrastructure and do any other necessary development to make it functional or ‘readyRead More

project

Project is a limited-time venture, planned with a set of tasks to achieve the desired goal or goals which is not available now. The desired goal could be a product, service, result, business model orRead More

prototype

Prototype means ‘Primitive form’ or ‘First impression’. Prototype is the very first or primary real-world version of a concept or idea. It represents the real form of final product in part or full. Prototype isRead More