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