Page-2 of Supply chain management Current Affairs, GK & News
The Karnataka government ties up with Microsoft to develop India’s first Farm Price Forecasting Model
The Karnataka Government has signed a Memorandum of Understanding (MoU) with software giant Microsoft India to develop a unique “farm price forecasting model” using latest IT tools in a bid to help farmers, administrators and other stakeholders to understand the market behaviour in advance. The proposed initiative is said to be the first-of-its-kind in the ..
Topics: Agriculture in India • Business • Forecast model • Forecasting • Kharif crop • Macroeconomic model • Statistical forecasting • Supply chain management
20 % penalty for foreign military vendors not meeting offset obligations
The Ministry of Defence announced a penalty of 20 % to be imposed on foreign military vendors who are ubable to fulfill offsets obligation within the prescribed time frame as part of the Defence Procurement Procedure. · No cap on penalty for inability to implement offset obligations during the period exceeding the main procurement contract, ..
Month: Current Affairs - August, 2012
Topics: Business • Military acquisition • Offset agreement • Procurement • Supply chain management • Systems engineering