Extended payment terms: Good news for global firms
In July 2017, I wrote a widely-read article on extended payment terms stating that extended — and, arguably, unfair terms — were not only … Read more
In July 2017, I wrote a widely-read article on extended payment terms stating that extended — and, arguably, unfair terms — were not only … Read more
Most project engineers consider themselves competent to write the technical scope of work for a work package. But scoping the provision of project, study … Read more
The resources industry is going through hard times. Wouldn’t it be wonderful if we all pulled together? Sadly, many operators and clients still prefer to … Read more
In tough economic times, businesses large and small look for ways to manage their cash flow more effectively. When money is tight it’s common … Read more
Most suitable for single procurements or small projects There are not that many books out there for the project procurement practitioner, … Read more
Are you a vendor banging your head against the wall of a large company’s procurement department? Do you have a great product or service, … Read more
As a project manager, you are considering the sole-source appointment of a contractor with a unique technology and construction methodology. You have commissioned work … Read more
Volatility increases during times of economic decline. Not every business providing contracting services will survive it, and some will fail catastrophically. But some, paradoxically, will thrive. … Read more
An interesting piece of research on how extended payment terms affect suppliers. The authors find that small firms forced to accept extended payment terms … Read more
Fortunately, truly difficult and opportunistic vendors are rare. But we have all had the experience of the vendor who knows you depend on them … Read more