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4 Common Myths About Contracts
4 Common myths about the requirements of entering into a contract.
Wei Wan
6 days ago2 min read
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What is Bid Shopping?
Discussion of bid shopping in the tendering process using the case Stanco Project Ltd. v. B.C (2006) as an example.
Wei Wan
Dec 22, 20253 min read
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Understanding the Product Life Cycle
Purchasing strategies for each stage of the product life cycle.
Wei Wan
Jun 21, 20252 min read
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The Pricing Behaviour of Goods
Understanding the pricing nature of goods is critical when you are managing them as a supply chain professional. As a buyer of goods, you...
Wei Wan
Apr 19, 20252 min read
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Interpreting Contracts
In my post, ' What Happens When a Contract is Breached? ', I introduced the different ways a breached contract may be addressed. If a...
Wei Wan
Feb 18, 20252 min read
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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...
Wei Wan
Jan 20, 20252 min read
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How are HR and SCM Similar?
Common challenges experienced by recruiting in HR and procurement in SCM.
Wei Wan
May 12, 20243 min read
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What Happens When a Contract is Breached?
Methods to resolve a breach of contract.
Wei Wan
Apr 15, 20242 min read
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Procurement for Projects - Are You Fast Enough?
Procurement scheduling for project execution
Wei Wan
Jul 25, 20233 min read
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How are Contracts Formed?
Overview of the requirements of a legally enforceable contract.
Wei Wan
Jun 12, 20232 min read
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Contract Pricing Uncovered
Overview of Time and Material vs Fixed Price Contracts.
Wei Wan
Nov 21, 20222 min read
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The Secret to Successful Negotiation
Tips for improving business negotiations
Wei Wan
Jul 12, 20222 min read
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The Best 8-Step Category Management Process
Overview of the category managment and strategic sourcing process
Wei Wan
Jul 6, 20222 min read
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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
Wei Wan
May 30, 20222 min read
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What is the Foundation of Data Analysis?
Foundation of Data Analysis
Wei Wan
May 6, 20222 min read
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Which RFx Sourcing Event Should Be Used?
Overview of RFx documents in procurement
Wei Wan
Apr 29, 20222 min read
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Public vs Private Sector Procurement
Comparison of Private vs Public Procurement
Wei Wan
Apr 21, 20223 min read
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What Does a Product Really Cost?
Introduction to Total Cost of Ownership and value purchasing
Wei Wan
Mar 31, 20222 min read
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What are Payment Terms?
Business case for paying attention to Payment Terms
Wei Wan
Feb 25, 20222 min read
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What is the Bullwhip Effect?
Bullwhip effect in inventory management
Wei Wan
Feb 10, 20222 min read
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