In the modern world today, the impact of
what purchasing can do in a company can never be underestimated as it is
overwhelming. Purchasing is fast becoming a main area of the company, from
sourcing the right supplier and assessing it which this area is highly valued
by the company. (Tate, W. 2014). Supplier selection criteria, analysis of
purchasing costs and the implementation of information & communication
technologies are the main aspect of purchasing management and it is necessary
to look into the effectiveness of these 3 aspects.
There is a need to analyze the impact of
supplier selection. Analyzing purchasing goals and cost and to make use of the
technologies to better improve the purchasing operations for an organization.
When we wake up in the morning, for most of
us there is nothing like a cup of good old coffee to warm up our soul and start
our day right. Most of the Singaporeans have accustomed themselves to the
concept of Nayang old coffee where the old coffee master as early as 1940s will
roast their coffee beans at their backyard and ground 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 old nayang style coffee.
From its humble beginnings as a modest
coffee stall in the 1940s, the name of Ya Kun has become synonymous with
unparalleled kaya toast and irresistibly fragrant coffee and tea. The
characteristic about Yan Kun is you can enjoy every
cup of coffee which is brew using the traditional pot and sock in an
air-conditioned café at affordable prices. Today Ya Kun have over forty
outlets in Singapore, about half of which are franchised and over thirty
overseas outlets all franchised across seven countries. The main products for
Ya Kun Kaya Toast are nayang coffee, kaya toast and omega eggs.
The main competitors for Ya Kun Kaya Toast
are Toast Box with over 70 outlets and Killiney Kopitiam with over 40 outlets. Both
of the competitors offer the same products as Ya Kun besides offering some
other local delicacies. Ya Kun suppliers are mostly local to cater to the taste
of the locals here. Ya Kun Kaya Toast main goal is to establish themselves as a
household name in Singapore and Asia offering delectable kaya toast and good