Raw materials, also called feedstock, are unprocessed materials or commodities that are used to produce end products or goods. Raw materials are like the backbone of the manufacturing industry and are in huge demand by almost all companies. If the raw materials are at a sub-par level, then the end products may not be at …

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Purchasing machinery for a company is often seen as an asset. However, the impending question you need to ask yourself is that ‘it is more fruitful in the long run?’. While owning your own machinery can be considered advantageous, the initial costs often prove to be too high for a company to consider when starting. …

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Financial management is integral to any business venture. Whether it is a fortune 500 company or a SME, financial planning and management is a sure shot way to safeguard any business. Here at EFL Connections, our expert advisory team is determined to help you in the best way possible to manage your company’s finances and …

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Sometimes procuring materials from vendors and also finding trusted vendors with quality products can be quite a tedious task. Two trusted specialists in the industry, EFL Connections and Power2SME are coming together to make purchasing materials online a whole lot easier. You can now buy quality raw materials online with lucrative and affordable financial options …

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What Is Raw Material? Raw material, also known as feedstock, unprocessed material, or primary commodity, is the material manufacturing businesses use in the manufacturing of products. In simple words, the raw material is the basic material used to make a product. This is bought and sold on commodities exchanges around the globe, and by traders …

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Raw materials are quite literally the building blocks of any project. You need them to construct buildings, to manufacture medicine, and even to weave beautiful fabrics. They come in the form of different types of pipes, construction materials, yarn, chemicals, textile products, steel, and more.  The quality of raw materials decides the quality of the …

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There is hardly anyone who isn’t afflicted by the sky-rocketing monthly energy bills. You may not be able to cut down your power requirements, but you can definitely reduce the bills. Well, how? Nature has gifted us with this unlimited resource called solar energy. It is a clean source of power that is virtually limitless …

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Milling is an important part of several types of manufacturing industries. Today, milling machines are used to make the process of milling much easier and faster. There are several types of milling machines available in the market. Most are multi-purpose machines which can take care of a variety of tasks.  If you’re looking to make …

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The two most important pillars of any business are financial planning and management. They help you decide the future goals of your company and analyse how you can use your present resources to meet these goals. What are Financial Planning and Management?  Financial planning involves estimating the resources, material, equipment, and activities to achieve the …

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Factors to Consider When Buying Raw Materials

What are raw materials? Raw materials, unprocessed materials, primary commodities or feedstock are the base materials used to produce goods. After several intermediary processes of treating basic materials future finished products are produced. EFL Connections help MSME’s to obtain raw materials at affordable rates in a timely manner in order to satisfy their raw material needs.There …

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