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Wei Wan
1 day ago2 min read
Can a Vendor Manage a Customer's Inventory?
Yes, a vendor can manage a customer's inventory. This arrangement is known as Vendor Managed Inventory (VMI) . Whether this will result...
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Wei Wan
May 12, 20243 min read
How are HR and SCM Similar?
Common challenges experienced by recruiting in HR and procurement in SCM.
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Wei Wan
Apr 15, 20242 min read
What Happens When a Contract is Breached?
Methods to resolve a breach of contract.
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Wei Wan
Jul 25, 20233 min read
Procurement for Projects - Are You Fast Enough?
Procurement scheduling for project execution
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Wei Wan
Jun 12, 20232 min read
How are Contracts Formed?
Overview of the requirements of a legally enforceable contract.
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Wei Wan
Nov 21, 20222 min read
Contract Pricing Uncovered
Overview of Time and Material vs Fixed Price Contracts.
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Wei Wan
Jul 12, 20222 min read
The Secret to Successful Negotiation
Tips for improving business negotiations
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Wei Wan
Jul 6, 20222 min read
The Best 8-Step Category Management Process
Overview of the category managment and strategic sourcing process
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Wei Wan
May 30, 20222 min read
The Origin Story of Contract A and Contract B
Case of R vs Ron Engineering and Construction (Eastern) Ltd. that created contract A and contract B
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Wei Wan
May 6, 20222 min read
What is the Foundation of Data Analysis?
Foundation of Data Analysis
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Wei Wan
Apr 29, 20222 min read
Which RFx Sourcing Event Should Be Used?
Overview of RFx documents in procurement
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Wei Wan
Apr 21, 20223 min read
Public vs Private Sector Procurement
Comparison of Private vs Public Procurement
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Wei Wan
Mar 31, 20222 min read
What Does a Product Really Cost?
Introduction to Total Cost of Ownership and value purchasing
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Wei Wan
Feb 25, 20222 min read
What are Payment Terms?
Business case for paying attention to Payment Terms
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Wei Wan
Feb 10, 20222 min read
What is the Bullwhip Effect?
Bullwhip effect in inventory management
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Wei Wan
Feb 5, 20222 min read
Where to Start with Inventory Management?
Inventory Managment Basics
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