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by "FactorStudios" <ventasfactorstudios@gmail.com> - 07:49 - 13 Jun 2025

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by "ETS LLP" <iroda@whuntex.hu> - 05:20 - 13 Jun 2025

Cabin pressure

The Shortlist

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Curated by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms

Welcome to the latest edition of the CEO Shortlist, a biweekly newsletter of our best ideas for the C-suite. This week, we look closely at air travel and its new destinations. Please send your thoughts and ideas to us at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com. Thank you, as ever.

—Alex and Axel

An image linking to the web page “The State of Aviation 2025” on McKinsey.com.

A phoenix rises. Remember five years ago, when it seemed like people might never again board a plane? Since then, the industry has staged a stunning comeback, to the delight of billions of passengers and more than a few executives. Today, airlines are confronting less existential but still material challenges. Low-cost carriers have hit some turbulence. Aircraft shortages loom. Our new report on the industry reveals who’s on the rise and who needs to refuel.

Birds of a feather. Who are all these people queuing at security? And why does my line always move slower than the others? We can’t help with the second question, but on the first, our research shows that a good many of your fellow passengers are Gen Zers and millennials on their way to a healthful retreat. That’s just one of many new directions for the $2 trillion wellness industry. Our fourth annual Future of Wellness survey explains all the latest developments.

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by "McKinsey CEO Shortlist" <publishing@email.mckinsey.com> - 04:56 - 13 Jun 2025

How younger consumers are reshaping the wellness industry

On McKinsey Perspectives

DELIVERING ACTIONABLE INSIGHTS ON THE DAY’S NEWS

Brought to you by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms

Welcome to the latest edition of Only McKinsey Perspectives. We hope you find our insights useful. Let us know what you think at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com.

—Alex and Axel

The future of wellness

In the news

•

No corner office. First, there was “conscious uncoupling.” Now, younger employees are “conscious unbossing.” As Business Insider reports, Gen Z workers are steering clear of management jobs to protect their well-being and maintain a better work–life balance. Recent research finds that Gen Zers are 1.7 times more likely than other generations to shun managerial roles. For businesses to develop new leaders, employers will need to appeal to Gen Z employees by connecting with their priorities, such as volunteering opportunities and meaningful work. [Business Insider]

•

A new bathhouse boom. For centuries, the shared experience of bathing in hot and cold water has been a cornerstone of communal and wellness traditions. Now, due in part to wellness influencers, a wave of newly opened social bathhouses is reviving these traditions to help ease the stress and constant connectivity of contemporary life. As Fast Company notes, although a complete tally of social bathhouse openings isn’t available, the US sauna market is projected to increase to $526 million in annual sales in 2028, from $390 million in 2023, and cold-plunge tubs are expected to follow a similar growth trajectory. [Fast Company]

Nearly 30% of Gen Zers and millennials in the US report prioritizing wellness “a lot more” compared with one year ago, versus up to 23% of older generations.

On McKinsey.com

•

Evolving wellness preferences. For millennials and Gen Zers, wellness is now a daily, personalized practice rather than an occasional consideration. That shift is steering the $2 trillion global wellness industry in new directions, McKinsey Senior Partners Kristi Weaver and Stefan Rickert and their coauthors explain. The fourth year of McKinsey’s Future of Wellness research finds that younger consumers are conceptualizing wellness differently than their older counterparts: for example, placing a greater emphasis on appearance and mental health and being more likely to travel for wellness retreats.

•

Five consumer segments. McKinsey’s survey confirms that wellness is increasingly important to consumers, particularly younger generations. Their burgeoning focus on wellness is translating into more dollars spent. While Gen Zers and millennials make up a little over one-third of the US adult population, they account for more than 41% of annual wellness spending. Discover five types of wellness consumers, including health traditionalists (typically older consumers who take a practical approach to health and wellness) and health strugglers (who tend to feel stressed about their health).

Explore the top wellness trends

—Edited by Belinda Yu, editor, Atlanta

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by "Only McKinsey Perspectives" <publishing@email.mckinsey.com> - 01:49 - 13 Jun 2025

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by "Omario Maike" <omariomaike@gmail.com> - 05:25 - 12 Jun 2025

Re: Manufacturing vendor of kitchenware / Supplier of Wincy

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by "Sales003" <Sales003@cnhjxsteel.com> - 02:19 - 12 Jun 2025

LAST CALL !!! Essential Business And Financial Acumen (15 & 16 July 2025)

Please call 012-588 2728

email to pearl-otc@outlook.com

HYBRID PUBLIC PROGRAM

ESSENTIAL BUSINESS AND FINANCIAL ACUMEN

(** Choose either Zoom OR Physical Session)

Remote Online Training (Via Zoom) &

Wyndham Grand Bangsar Kuala Lumpur Hotel (Physical)

(SBL Khas / HRD Corp Claimable Course)

Date : 15 July 2025 (Tue) | 9am – 5pm By Joyce

16 July 2025 (Wed) | 9am – 5pm . .

OVERVIEW

In today’s volatile business conditions, there is a need for all workplace personnel to grasp, understand and apply fundamentals of business and financial acumen to ensure their organisations achieved success.

By acquiring business acumen, it will enable them to better understand to add value in their daily business activities. Financial acumen is important because ability to understand financial indicators and manage financial resources enables effective decision in investment and plan financial strategies to stir businesses during uncertain times. These 2 days programme will increase financial and business acumen.

Who should attend: Any person who had no formal training in key basics -intermediate level business acumen and basic finance but wish to enhance business acumen and increase financial intelligence for personal mastery and business success.

OBJECTIVES

On completion of the programme, participants will be able to:-

1. Master the essentials key framework of business strategies and importance of setting business goals.

2. Understand how business strategy is translated into financial numbers via strategic planning process

3. Identify key financial indicators and issues concerns in personal and business financial management.

4. Know how to interpret key financial indicators to make good finance decisions.

5. Understand the concepts, language and basic rules of accounting & finance to interpret financial statements

6. Equip oneself with business financial knowledge in order to effectively manage financials in a business organization.

TRAINING APPROACH

Where appropriate, activities will include the following:

· Lecture & Videos

· Faciliated Group Discussions & Spot Quiz

· Practical financial analysis exercises using excel and case studies

· Board games

DURATION

2 days (14 hours)

OUTLINE OF WORKSHOP

Module 1: Building Business Acumen

- Common business issues faced today

- Identify value add business activities and reduce value destroying activities

- Strategic planning, execution and tracking process

- Setting key targets and execute action plan to mitigate actual results versus budget/forecast.

- Interpret business variance reports.

Module 2: Financial Knowledge: Understanding financial statements

- Essential Business Financial Terminology

- Understand BASIS framework for understanding importance of financial statements

- Profit & Loss, Balance Sheet and Free Cash flow for personal financial management.

Module 3: Business Financial Management

- Learn the golden rule of financial management

Why rich companies get richer?
Cash versus profit measures – Which is more important
Passive income/revenue versus active income/revenue sources

- Application of finance terminologies in day-to-day life with examples.

Which financial statements is used to understand the true profitability of a company?
Calculate, understand and interpret key financial indicators.

- Real life application of financial knowledge in running successful businesses

Working capital formula and application.
Managing investments by understand calculation of return on investment (ROI).

o Learning methodologies: Practical Exercises

Module 4: Application of Knowledge: Strategic planning

- Preparation of key forecast data linked to business strategies via excel.

- Group presentation.

Module 5: Cashflow board games.

- Knowing the games rules

- Selection of players, briefing of roles – 6 players, one banker and one auditor

- Session 1 Challenge: Getting Out From the Active Income Trap/Rat Race

- Session 2 Challenge: Building Your Wealth Legacy and Kingdom

- Debriefing and Self Reflection

** Certificate of attendance will be awarded for those who completed the course

ABOUT THE FACILITATOR

JOYCE

Chartered Accountant, Fellow ACCA UK (Year 2008) and MIA (Year 2003)

Certified Train the Trainer (TTT), PSMB, 2015 No: 13320

Certified Neuro Linguistic Programme (NLP) Practitioner & Certified TimeLine Therapy NLP Coach, 2017 (ABNLP) & Licensed Hypnotherapist (Association of Hypnotherapy Practitioners Malaysia AHPM 2017)

Certified Change Management Practitioner (PROSCI USA – 2017)

Joyce is a Fellow Member of Chartered Association of Certified Accountants (ACCA), United Kingdom (UK) and a Chartered Accountant member of Malaysia Institute of Accountants (MIA). Her career began in one of the largest Malaysia conglomerate, Berjaya Group of Companies in role of a group financial accountant. She then moved into telecommunications (Maxis Communications, Nokia Networks) and ICT industry (IBM Malaysia) in various roles in management, business & operational finance, finance analysis, planning & budgeting. Since year 2012 & beyond, she was headhunted to join one of the established regional and global FMCG food/beverage, finance tech and recently, Avon, a global cosmetics single and multi -level marketing industry in a senior commercial finance leadership role.

Her interest in training and facilitation began in Nokia Networks Malaysia when she was requested to train business managers the essentials of finance analysis, Sarbannes Oxley (SOX) compliance requirements and interpretation of financials.

Due to passion and interest in public speaking, training and development she was the Past President of Malaysian Insititute of Human Resource Management (MIHRM) Toastmasters Club in year 2007-2008. She successfully obtained Advance Communication Bronze, Advanced Communication Silver (ACB, ACS) and Competent Leader (CL) communication awards from Toastmasters International, USA. In addition, she was Past President of Rotaract Club of Port Klang Centennial, part of Rotary International Organisation.

What you can expect from Joyce is the ability to explain some how complex financial concepts in layman’s terms. Plus point is her vast experience in business, finance, accounting & people management gained in Malaysia PLCs and global multi-national companies will enriches participants’ knowledge and increases their aptitude for appreciating the intricate subject of Finance and Management. She also familiar with training of junior accountants in shared services accounting function environment due to exposure in IBM Malaysia in shared services regional accounting & finance center.

She has conducted various programs such as:

1. Finance for Non Finance Personnel & Managers

2. Use of Financial Information for Strategic Cost Management

3. Effective Financial Management.

4. Effective Credit Control Management and Processes

5. Business Accounting & Accounting Functions

6. Budgeting & Strategic Planning

7. Financial Wellness & Literacy Workshop: Money and Me programmes.

8. Accounting standards workshop and training

The list of clients who had benefitted from her expertise were:

1. PMI Industries Sdn Bhd, & Mackenzie Industries (subsidiaries of Wah Seong Group)

2. Star Media Radio Group of Companies

3. MyWIN Academy Berhad (Prime Minister’s Department)

4. Wah Seong Group Corporation Berhad

5. Clipsal Manufacturing (Schneider Electric)

6. Bintulu Development Authority (BDA)

7. Sudong (subsidiary company of Singtel Telecommunications Inc) Malacca & Klang

8. UMW Corporation Berhad SL1M programmes

9. Gentpac Malaysia (Shared Services Accounting and Finance Center)

10. UEM Edgenta Malaysia Berhad

11. Construction Industrial Development Berhad (CIDB)

12. Malaysian Communications and Multimedia Commission (MCMC)

13. Amway Malaysia Holdings Berhad

14. Salcon Engineering Berhad

15. Malakoff Corporation Berhad (MCB) and subsidiaries.

16. Human Resource Development Fund (HRDF) Finance Public Programmes: PENJANA for Small & Medium Size (SME)

(SBL Khas / HRD Corp Claimable Course)

TRAINING FEE

14 hours Remote Online Training (Via Zoom)

RM 1,296.00/pax (excluded 8% SST)

2 days Face-to-Face Training

(Physical Training at Hotel)

RM 1,900.00/pax (excluded 8% SST)

Group Registration: Register 3 participants from the same organization, the 4th participant is FREE.
(Buy 3 Get 1 Free) if Register before 4 July 2025. Please act fast to grab your favourite training program!

We hope you find it informative and interesting and we look forward to seeing you soon.

Please act fast to grab your favorite training program!

Please call 012-588 2728 or email to pearl-otc@outlook.com

Do forward this email to all your friends and colleagues who might be interested to attend these programs

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Regards

Pearl

by "pearl@otcsb.com.my" <pearl@otcsb.com.my> - 01:12 - 12 Jun 2025

Database Schema Design Simplified: Normalization vs Denormalization

͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

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Database Schema Design Simplified: Normalization vs Denormalization

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Jun 12

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Database schema design plays a crucial role in determining how quickly queries run, how easily features are implemented, and how well things perform at scale. Schema design is never static. What works at 10K users might collapse at 10 million. The best architects revisit schema choices, adapting structure to scale, shape, and current system goals.

Done right, schema design can become a great asset for the system. It accelerates product velocity, reduces data duplication debt, and shields teams from late-stage refactors. Done wrong, it bottlenecks everything: performance, evolution, and sometimes entire features.

Every engineering team hits the same fork in the road: normalize the schema for clean structure and consistency, or denormalize for speed and simplicity. The wrong choice doesn’t necessarily cause immediate issues. However, problems creep in through slow queries, fragile migrations, and data bugs that surface months later during a traffic spike or product pivot.

In truth, normalization and denormalization aren't rival approaches, but just tools to get the job done. Each solves a different kind of problem. Normalization focuses on data integrity, minimal redundancy, and long-term maintainability. Denormalization prioritizes read efficiency, simplicity of access, and performance under load.

In this article, we’ll look into both of them in detail. We’ll start with the foundations: normal forms and how they shape normalized schemas. We will then explore denormalization and the common strategies for implementing it. From there, we will map the trade-offs between normalization and denormalization

The goal isn't to declare one approach as the winner. It's to understand their mechanics, consequences, and ideal use cases.

Foundations of Schema Design...

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by "ByteByteGo" <bytebytego@substack.com> - 11:36 - 12 Jun 2025

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by "New Relic Events" <emeamarketing@newrelic.com> - 05:05 - 12 Jun 2025

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by "Samantha - VIP Golf Concierge" <info@vipgolfbookings.co.uk> - 03:46 - 12 Jun 2025

Problem solving: Define the right problem

Email 2 of 7

How to define the right problem

In the previous session, we looked at making the most of your data to solve even the most complex challenges. In this second email, we’ll discuss the critical task of defining the problem, which is much like setting the foundation for a building—without it, the rest of the problem-solving process may lack direction and coherence.

With much data on hand, companies may be tempted to take immediate action and start problem solving without focused direction. The lowered cost of communication in the digital age has made things more complex. It means that decision makers and problem solvers are now involved through various channels, diluting accountability and making it more likely for the problem to get lost in translation. Organizations would be wise to categorize the type of problem that’s at hand to tailor the approach accordingly, write McKinsey senior partner Aaron De Smet and coauthors.

To solve any problem—whether personal, business related, or societal—it’s imperative to set the course before embarking on the journey. Explore problem-solving steps, mindsets, languages, and frameworks that all involve setting time to define the right problem.

This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy.

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by "McKinsey Publishing Guides" <publishing@email.mckinsey.com> - 03:10 - 12 Jun 2025

Witnessing the past decade: our innovations and achievements in transformer production

Dear Sir or Madam

Hello, we are a manufacturer from China. Our company mainly produces a series of products such as transformers, box-type substations, high and low voltage switchgear, etc. Our company has passed many certifications and tests. We have our own patented technology and have solved electricity problems in many places. In addition, we have the advantages of quality and price. These words may seem to be the same, but when you get to know them further, each company must have its own characteristics.If you have this need, please take a look at our company.Below you can find all the information about us.

Need further information? Please contact me.In any case, we are a good choice

image_2025-02-18-14-34-25_f5208e8f6ceb53833476d8b16acf8ca5 (1).jpg

Tel/Wechat：+86 15717841020

China Hangbian Electric Power Technology Co., Ltd.

Add:No.99, Binhainan Third Road, Economic Development Zone, Yueqing City, Zhejiang Province

Website：https://www.cnhangbian.com/

https://www.cnhangbian.ru/

WhatsApp:+86 15717841020

E-mail：sales@cnhangbian.com

by "sales09" <sales09@hangbianpower.com> - 02:32 - 12 Jun 2025

Chinese consumers: Adapting to a new reality

On McKinsey Perspectives

DELIVERING ACTIONABLE INSIGHTS ON THE DAY’S NEWS

Brought to you by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms

Welcome to the latest edition of Only McKinsey Perspectives. We hope you find our insights useful. Let us know what you think at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com.

—Alex and Axel

Decoding China’s consumer market

In the news

•

Focusing on consumers. Amid recent changes in trade policy, China is turning to domestic consumers to sustain economic activity, The Wall Street Journal reports. Yet a prolonged real estate downturn, sluggish growth, and unemployment are causing consumers to be more thrifty. The need to shift China’s economy toward consumer spending is critical as the country anticipates a drop-off in exports. “Previously, our funds primarily supported projects. Now, we must invest in people,” one leader of a government-backed policy institute said. [WSJ]

•

Surprising spending trends. While it’s not a novel idea that China should shift its economy to boost domestic consumer spending, the Financial Times reports that some analysts say that consumer spending could exceed expectations. China’s consumer culture is strong overall, which creates a large, stable foundation for future growth. For one thing—and even with economic challenges—the country’s younger consumers continue to spend on gaming, outdoor activities, and travel. [FT]

Eighty-one percent of surveyed Chinese consumers who are aware of the recently released stimulus policy feel more confident about China’s economy.

On McKinsey.com

•

Stabilizing confidence. As the second quarter of 2025 progresses, it’s evident that China’s consumer market has settled into a new reality of single-digit growth in consumption, McKinsey Senior Partner Daniel Zipser and coauthors highlight. Despite ongoing challenges, McKinsey research shows that China’s economic situation is not as bleak as some suggest. A survey of over 17,000 individuals in China indicates that after several challenging years, Chinese consumers are adapting their shopping habits as their confidence stabilizes.

•

Three consumer trends. The McKinsey survey reveals that Chinese consumers expect to maintain the same level of consumption in 2025 as the previous year, with annual consumption expected to grow a modest 2.3% this year. Predictions for growth in household income, however, are even more tempered: Chinese consumers expect their households’ disposable income to grow by 1.4% in 2025, compared with 2.5% in 2024. See three key trends that are shaping China’s consumer market.

Understand Chinese consumers

—Edited by Belinda Yu, editor, Atlanta

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by "Only McKinsey Perspectives" <publishing@email.mckinsey.com> - 01:18 - 12 Jun 2025

RE:INTENT FOR PURCHASE

Dear All,

I hope this email finds you well. I am Giulia Galletti , Purchasing Manager at Oy Sonamai Ltd.

We are writing to express our interest in the Product/Service offered by your company. We came across your product while researching online and were impressed with its features and specifications.
Could you please provide us with the following information:
Product specifications and features
Pricing and any applicable discounts
Lead time and delivery schedule
warranty and after-sales support

We would also appreciate it if you could inform us about your company's packing, payment terms, and warranty policies.
If the information provided meets our requirements, we will send over a formal RFQ outlining our specific needs and order quantities.

Thank you for your time and assistance. We look forward to hearing from you soon

Best Regards,

Giulia Galletti
Purchasing Manager
Oy Sonamai Ltd
Pohjoisesplanadi 83 , Uusimaa

Helsinki, Finland

Email: procurement.sonamai@outlook.com

by "Giulia Galletti" <procurement.sonamai@outlook.com> - 10:59 - 11 Jun 2025

Professional Purchasing Skills - 20 & 21 Aug 2025

Please call 012-588 2728

email to pearl-otc@outlook.com

HYBRID PUBLIC PROGRAM

PROFESSIONAL PURCHASING SKILLS

(** Choose either Zoom OR Physical Session)

Remote Online Training (Via Zoom) &

Wyndham Grand Bangsar Kuala Lumpur Hotel (Physical)

(SBL Khas / HRD Corp Claimable Course)

Date : 20 Aug 2025 (Wed) | 9am – 5pm By SH Yeo

21 Aug 2025 (Thu) | 9am – 5pm .

.

. .

OVERVIEW:

This 14 hours training program is designed to bring awareness, knowledge, and techniques to participants’ inorder to become a effective purchasing professional.

In this program, driven by a trainer with over 30 years experiences in supply chain and procurement management, participants will learn the key objectives of purchasing, skill and competency required to be a successful purchasing professional.

Key areas covered by this training related to purchasing management are role of purchasing and business challenges, strategic and tactical strategies of purchasing, and key skills required to be adopted in order to be a good and effective purchaser.

LEARNING OBJECTIVE / OUTCOMES:

By the end of the 14 hours by 4 session interactive online session or 2 Full day session face to face mode, the learning curve achieve will enable the following:-

- UNDERSTAND the key role of purchasing

- IDENTIFY the key skills and competencies required in order to be an effective purchaser

- DEVELOP action plan to put in place when conducting purchasing function

- UNDERSTAND the key objective to be achieved in purchasing

- UNDERSTAND main task to be carry out to ensure successful execution of the purchasing process

METHODOLOGY:

This training will involve the following area to enhance learning:

- Power point presentation

- Case studies & Brain storming session

- Discussion on subject of learning

- Facilitating by trainer to enhance understanding of subject matter

- Exercise to evaluate participants understanding

WHO MUST ATTEND:

This training program is highly recommended for employees involve directly or indirectly in handling purchasing function in the company.

OUTLINE OF WORKSHOP

Module 1 – The Role of Purchasing

- Definition of Purchasing versus Procurement

- Role of Purchasing in Operational and Business challenges

- Key Objectives of Purchasing

- Cycle of Purchasing

- Definition of Purchasing versus Procurement

- Key Fundamental to Effective and Efficient Purchasing

- Role of Purchasing in a company business operation

- Definition of Strategic and Tactical

- The Ps , Qs and Rs of Procurement

- Strategic Role in Purchasing

- Tactical Role in Purchasing

- Supply chain ethical requirement

Module 2 – Problem solving skills

- Understand competiveness model

- Problem solving method with 3 why and 1 How

- SWOT analysis

Module 3 – Building Negotiation Skills

- Integrative Negotiation

- Distributive Negotiation

- Stages of Negotiation

- Deciding red lines in negotiation

- Knowing your opponent traits

- Traits of a good negotiator

- Bad Negotiator habits

- Mistakes made in Negotiation

- Body language in negotiation

- Clear planning of objectives and goals

- Understand when to walk away

- Managing Reject and counter offer

- Dealing with difficult negotiators

- WATNA strategies

- BATNA strategies

- Break out room discussion and role ply

Module 4 – Sourcing and Suppliers Selection Skills

- Type of sourcing

- Tendering process

- The Cs of Supplier selection

- Method of Cost Evaluation

Module 5 – Cost Saving and Prices Detailing Skills

- Cost Reduction versus Cost Avoidance

- Area of Cost Reduction and Cost Avoidance

- Key Factors to consider in Cost Reduction

- Opportunity cost in cost reduction activities

- ERRANT cost reduction and avoidance strategy

- Team setting for cost reduction

- EXCEL spreadsheet reporting on cost avoidance and reduction

- Break out room discussion

Module 6 – Supplier and Supplies Management techniques

- The principle of supplier management

- Supplier segmentation

- Supplies management key principles

- Proactive versus Reactive Management

- Understand key suppliers traits

Module 7 – 3^rd Party Risk Management

- Definition of 3^rd party risk management

- Cycle of 3^rd party risk management

- Strategic Risk Assessment

- Operational Risk Assessment

- Case study

Module 8 – Conducting Audit and Type of Audits

- Key steps to effective audit

- Operational Audit

- Ethical Audit

- Environment and Safety Audit

- Effective Auditing

Module 9 – Inventory Management system

- Understand lead time and reorder level

- What is Safety stock

- Method of determining Safe stock level for inventory

- Kanban system

Module 10 –Understand Rule of Delivery

- Incoterms, purchasing people must know

- Sales of Good Act

- Contract principles

- Key Information in Purchase Order

- Flow of a Purchase order

** Certificate of attendance will be awarded for those who completed the course

ABOUT THE FACILITATOR

SH Yeo

Academic & Professional Qualifications

Certified HRDF Trainer (TTT certificate number 4669)

Certified Professional Trainer and Facilitator (University Malaya, Malaysia)

- Diploma in Human Resource Management (UK)

- Diploma in Production Management (USA)

- MBA in Supply Chain Management (USA)

- 33 year of management experience in supply chain and operation

- Trainer & consultant since 2008

Mr. Yeo is a very experienced supply chain and operational manager and during his working career, spanning over 33 years, he has held various positions as following:-

1987 - with International Paint (later known as Akzo Nobel International Paint) as a Storekeeper

1989 to 1992 @ Warehouse Executive

1992 to 1993 @ Warehouse Manager

1993 to 1998 @ Production Manager

1998 to 1999 @ join Melandas as a Logistics and Purchasing Manager.

1999 to 2004 @ join Dian Creative as a Material Manager

2004 to 2006 @ join Joubert SA Malaysia as Purchasing Manager

2006 to 2008 @ Procurement Manager

2008 to 2019 @ Supply Chain Manager and Company Director

His major achievements include the following:-

1. Increase productivity in the production department by providing intrinsic and extrinsic motivation to the employees from 1993 to 1998.

2. Making major decision to advise a MNC company to drop LMW warehousing scheme and adopting MITI PC1 and 2 exemption system to help company to be more competitive in the local and oversea market in 1998.

3. Co coordinating Kastam licensing and reporting to solve company reporting and licensing issue with Kastam

4. Establishing control and procedure and bringing awareness to employee on important of supply chain control in 2004 until 2019 and achieving 100% shipment performances to customers

5. Involve in negotiating with a major customer from Europe to secure new contract and beside visiting overseas suppliers for performances improvement and selection of new suppliers

6. Carry out new product development by working with engineering and design team and suppliers, including spending on site at supplier premise to solve new product design issue

7. Introduced new procedures in warehouse and operation for better control of operation and reporting system

8. Managing and conducting cost reduction management program from 2008 to 2013 and reduce cost for the company by up to RM6.5 mil.

9. Involve in managing suppliers contract and involving in proposing and drafting new contract and contract renewal for suppliers from 2008 until 2019 (early retirement) by working with suppliers and internal stakeholders with guidance from legal expert.

10. Managing Non Disclosure Agreement with suppliers to protect company intellectual property

He has been conducting training since 2008 and recently retired as a fulltime supply chain manager and company director to concentrate on full time training and coaching.

(SBL KHAS / HRD Corp Claimable Course)

training Fee

14 hours Remote Online Training (Via Zoom)

RM 1,296.00/pax (excluded 8% SST)

2 days Face-to-Face Training (Physical Training at Hotel)

RM 2,250.00/pax (excluded 8% SST)

Group Registration: Register 3 participants from the same organization, the 4th participant is FREE.
(Buy 3 Get 1 Free) if Register before 12 Aug 2025. Please act fast to grab your favorite training program!

We hope you find it informative and interesting and we look forward to seeing you soon.

Please act fast to grab your favorite training program!

Please call 012-588 2728 or email to pearl-otc@outlook.com

Do forward this email to all your friends and colleagues who might be interested to attend these programs

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Thanks

Regards

Pearl

by "pearl@otcsb.com.my" <pearl@otcsb.com.my> - 08:38 - 11 Jun 2025

Boost Your PCB Production with Reliable, Cost-Effective Machines

Dear Info,

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Website: https://www.mdpcbequip.com/

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by "Ishfaq Sassoli" <ishfaqsassoli287@gmail.com> - 03:18 - 11 Jun 2025

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