Purchasing organization. Proper planning is needed in purchasing management

   Purchasing Managementin modern world is one of the basic process but most crucial area of anyorganization. Proper planning is needed in purchasing management to avoidsuffering heavy losses to an organization. Supplier selection criteria,analysis of purchasing costs and the implementation of information &communication technologies are the main aspect of purchasing management and itis necessary to look into the effectiveness of these 3 aspects.

   There is a need toanalyze the impact of supplier selection. Analyzing purchasing goals and costand to make use of the technologies to better improve the purchasing operationsfor an organization.    When we wake up inthe morning, for most of us there is nothing like a cup of good old coffee towarm up our soul and start our day right. Most of the Singaporeans haveaccustomed themselves to the concept of Nayang old coffee where the old coffeemaster as early as 1940s will roast their coffee beans at their backyard andground it for daily use at their coffeeshop. When we mention nayang old coffee, we will think of Ya Kun as they are one of the first who offer good oldnayang style coffee.    From its humblebeginnings as a modest coffee stall in the 1940s, the name of Ya Kun has becomesynonymous with unparalleled kaya toast and irresistibly fragrant coffee andtea. The characteristic about Yan Kun is you can enjoy everycup of coffee which is brew using the traditional pot and sock in anair-conditioned café at affordable prices.

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Today Ya Kun have over fortyoutlets in Singapore, about half of which are franchised and over thirtyoverseas outlets all franchised across seven countries. The main products forYa Kun Kaya Toast are nayang coffee, kaya toast and omega eggs.   The maincompetitors for Ya Kun Kaya Toast are Toast Box with over 70 outlets andKilliney Kopitiam with over 40 outlets. Both of the competitors offer the sameproducts as Ya Kun besides offering some other local delicacies. Ya Kunsuppliers are mostly local to cater to the taste of the locals here. Ya KunKaya Toast main goal is to establish themselves as a household name inSingapore and Asia offering delectable kaya toast and good coffee.