Skip to content
Managing International EPC Contracts for the Global Oil & Gas Industry

Estimated reading time: 5 minutes   When managing Engineering, Procurement and Construction (EPC) contracts, it is important to be able to negotiate effectively through taking measurable steps to improve your negotiating position to have the upper hand. Especially for EPC contracts, where projects are complex and huge in scale, achieving optimal results requires a well-prepared comprehensive…

Read More
Risk Fraud and Security Prevention

Estimated reading time: 4 minutes     In recent years, procurement fraud, also known as contract fraud, is becoming more commonplace across Southeast Asia. With the region’s predicted GDP to be US$4 trillion by 2022, it is going to become the fifth-largest economy worldwide. This puts the ASEAN market in the international spotlight, further highlighting…

Read More
Supply Chain & Commercial Contractual Agreement

Estimated reading time: 5 minutes   Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product’s flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible. SCM involves the integrated planning and execution of processes to…

Read More
Fraud

Estimated reading time: 3 minutes     Combating procurement fraud is vital due to the disastrous impacts’ procurement fraud brings. In Southeast Asia, procurement fraud costs US$140billion each year. Nearly all organisations will have been victims of procurement fraud and the consequences can be much greater than the value of the fraud. The most common types of…

Read More
EPC Contracts

Estimated reading time: 2 minutes   The private sector is learning more towards more Engineering, Procurement and Construction (EPC) contracts when taking on large scale infrastructure projects. In every project, it is necessary to have good contract management in place; otherwise it can have negative consequences for all stakeholders involved. It will also affect the…

Read More

The primary function of a procurement office is to obtain the required items at the right time, in the correct quantities and at the most favourable prices. As a process and a concept, tendering is basically a simple undertaking in which everyone involved understands where tenders come from, what information must be made available, and…

Read More
HTML Snippets Powered By : XYZScripts.com