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12 Min Read

Business intelligence is a specially curated infrastructure that is a collection of various processes and tools that help to enhance the visualization of the data. This enhanced data visibility aids businesses in making actionable decisions. The main aim of BI is to make data available…

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EDI or electronic data interchange is a novel and contemporary technique to share exclusive and confidential data between businesses. It is a deviated approach from the traditional ways of using information interchange, which was paper-based. EDI transactions of data are computer-to-computer data exchanges. This method…

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5 Min Read

The term B2B generally refers to B2B commerce or business-to-business commerce, which is any transaction or commerce between two businesses. This is a common business model where the sale or purchase of products or services occurs between two businesses. For example, buying and selling manufacturing…

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No matter how efficient, no business can claim to be self-sufficient internally. Every company depends on the outside sector for acquiring services or goods. That is why understanding the concept of procurement becomes an absolute necessity. What Is Procurement? Procurement is a process by which…

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4 Min Read

A wholesaler permit is a legal document that allows wholesalers to buy products in bulk to resell them. Wholesalers need to obtain permits to conduct their business because some manufacturers prefer to only buy products from those wholesalers who have a wholesaler permit. A wholesaler…

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4 Min Read

There are two ways to describe wholesale. Wholesale as a product – a product, either partial or complete, when acquired from a manufacturer can be termed as wholesale. Wholesale as a business strategy – wholesale is a practice that involves the mass purchase of goods…

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