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Topic Review (Newest First)
02-07-2013 06:25 PM
Unregistered ur view on
procurement job = talk to laywers

is not true, I am in this line, and has been for the past 9yrs. Only very little time is spent with our company solicitors. There are templates to play with.

I would say in short,
Procurement is
1. find the best way to buy for your company
2. best way may not mean the cheapest way
3. get best processes right within the company, these mean processes linked to sourcing, ops, procurem
4. build relationship to best suit your buy pattern/ commodity / strategy

capture all above in numbers at the end of the day, what was done to improve all that.
They need to be validated with numbers .. not just BS, like improve process and way of life. Must show $$ numbers on improvement gain.
02-07-2013 02:09 PM
Unregistered in short

finance job = rich manipulating market
logistic job = import/export trading on the cheap
procurement job = talk to laywers
do business = better invest in office

looks like a crackpot to me.
02-07-2013 11:31 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
This TS look like those ignorant know nothing but like to fantasize kind.

People with only admin diploma interested in finance career talk about taking ACCA exam, working as finance assistant, or look for ops/BO/sales entry jobs in banks to start off but this guy talk about wealth manager & fx traders!?!? Seriously need to wake up and be realistic on the goals.

All the stuff about sure win probability and trading on import/export and invest in office space also sound very childish.
think he was giving views on what he thinks of that industry, not what he yearns to be.

perhaps you can shed some light about your background too survivor.

are you vocal ? looks do play a part.

anyway, i dont think anyone with a decent job will visit this forums, so pay no attention to them.
02-07-2013 11:01 AM
Unregistered This TS look like those ignorant know nothing but like to fantasize kind.

People with only admin diploma interested in finance career talk about taking ACCA exam, working as finance assistant, or look for ops/BO/sales entry jobs in banks to start off but this guy talk about wealth manager & fx traders!?!? Seriously need to wake up and be realistic on the goals.

All the stuff about sure win probability and trading on import/export and invest in office space also sound very childish.
02-07-2013 09:59 AM
Unregistered
Quote:
Originally Posted by Survivor View Post
Logistics - apologies
not so much on working w k-line and yangming and co. i'm more interested in trading and buying on a cheap through the import/export business, than working in the logistics line.

Procurement
- liasing with the legal personnel to come up with contract to make an agreement for a service/equipment supplied to the company.
big mncs already have fixed templates and legal framework u cant change and small smes dun give a dam about contract clause, they dun even have a legal dept for u to liaise.

in procurement, liasing with lawyers maybe take up 5% of the time at most.

as for the logistics part i dun even understand what u talking abt.
02-07-2013 09:42 AM
fray think his main concerns are

will a degree provide employment ?


will he open up more options with a biz degree.


answer : i think it beats having a diploma, you have nothing to lose. just improve yourself. but remember i will hire ladies if i'm a boss esp when it comes to the business sector
01-07-2013 06:25 PM
Survivor I do lack the experience and knowledge in these areas, what i'm hoping is a step towards them. of course i'm not comparing myself w scholars, just asking is there a possibility that attaining a degree will open up opportunity and lifting your salary cap.

My understanding of the fields are limited and shallow, so anyone can just correct me.

Finance -

to me, it a game where the rich manipulates the market, convincing people to invest their money in you/company for you to invest. you giving your views on the picks to your clients (seems easy but its actually tough when you first start out because you have to be @ roadshow trying to find "people" unless you are someone w lots of connection

- Wealth Managers
- FX Traders

Logistics - apologies
not so much on working w k-line and yangming and co. i'm more interested in trading and buying on a cheap through the import/export business, than working in the logistics line.

Procurement
- liasing with the legal personnel to come up with contract to make an agreement for a service/equipment supplied to the company.

Business
- hardly worth it , unless you are going e. with the high rental, ultimately, the winner is the one collecting rents every month. might as well invest in office spaces.
01-07-2013 05:25 PM
QXP
Quote:
Originally Posted by Survivor View Post
Thanks QXP for your views,

I listed out sectors which I find them rewarding. When I was "young", I thought about going sales since I thought it might bring in rewards for the hard work.

Logistics - in the area where I do importing from countries and cross selling to companies in SG (seen alot in SG)
Logistics is a very broad discipline, what you have described is a very small unconventional subset within logistics that overlaps with sales & marketing. You have best find out more what logistics really is about before declaring your interest.

What you have described is not what the academia and most laymen will consider broadly as logistics.

Quote:
I hope you do understand that certain roles/task will only be given to key appointment holders. Junior position will not be given the chance to be involved in the decision making process.
This applies to every single non-crony job in the world, it is a moot point.

Quote:
I'm just wondering if I'm wasting my time away with my current job. It does not value add to my life. I do understand the importance of garnering work experience to better prepare yourself for the next job, but my background in IT does not allow me to venture further.
You misunderstand. I am not advocating you to gain work experiences to prepare yourself, you are much further behind this stage. You need to first find out what these terms you happily throw out like business, administration, finance, procurement, logistics, IT really mean before talking about work experiences.

The best way to do that is to interact and get involved with colleagues who are from these fields. Your concept of what constitutes logistics is way off and I doubt your understanding of the other fields are any much better.

Quote:
Of course, being realistic, I do understand that there is no way we can compete with scholars when it comes to job opportunities/mthly salary. That why it is important for us to seek out ideas that will improve life.
Irrelevant. You are a diploma admin assistant, there is no need to drag scholars in here as the gap between you and them is so big that they live in a very different and inconcievable career world compared to yours.

Not putting you down, but again you are much further behind the curve to be talking about competing with scholars. You may be a tycoon a decade or two down the road, but at this stage you are not in a position to even mention yourself with scholars.

Quote:
Myself , I enjoy working on probability. I see myself as someone who is out to look for a sure-win/high probability victory method. I find little satisfaction from working and idling around, being a clockwatcher. I rather be losing $100 playing around w numbers
I doubt a diploma holder who does administration really understands what probability modelling and decision theory is all about. You are free to prove me wrong of course, but otherwise again, stay grounded to reality and try to fix some real issues at hand. Throwing out senseless platitudes don't help.

I suggest for a start you list down what you think these fields are all about so that other forumers with experience in them can comment:

1) Doing business
2) Finance
3) Logistics
4) Procurement
5) Administration
6) IT

My core experience is in Finance and doing business, but before I say anything, it would be interesting for you to tell me what you know about them first.
01-07-2013 04:34 PM
Unregistered
Quote:
Originally Posted by Survivor View Post
Thanks QXP for your views,

I listed out sectors which I find them rewarding. When I was "young", I thought about going sales since I thought it might bring in rewards for the hard work.

Quote:
Logistics - in the area where I do importing from countries and cross selling to companies in SG (seen alot in SG)
this is not logistics/3PL/warehousing/distributing but rather import/export trader.

Quote:
I hope you do understand that certain roles/task will only be given to key appointment holders. Junior position will not be given the chance to be involved in the decision making process.
obviously! u have to learn the ropes and gain some credibility first right?

[quote]
I'm just wondering if I'm wasting my time away with my current job. It does not value add to my life. I do understand the importance of garnering work experience to better prepare yourself for the next job, but my background in IT does not allow me to venture further.
[/quote'

stop wallowing in self pity, if this is not what u want to do then do something about it and look for a job u are interested in!

Quote:
Of course, being realistic, I do understand that there is no way we can compete with scholars when it comes to job opportunities/mthly salary. That why it is important for us to seek out ideas that will improve life.
why do u have to compete with scholars?? these scholars will only edge u out in civil services and some GLCs.

Quote:
Myself , I enjoy working on probability. I see myself as someone who is out to look for a sure-win/high probability victory method. I find little satisfaction from working and idling around, being a clockwatcher. I rather be losing $100 playing around w numbers
my friend, i would like a "sure-win/high probability victory method" too. please let me know if u find the magic formula.
01-07-2013 04:11 PM
Survivor Thanks QXP for your views,

I listed out sectors which I find them rewarding. When I was "young", I thought about going sales since I thought it might bring in rewards for the hard work.

Logistics - in the area where I do importing from countries and cross selling to companies in SG (seen alot in SG)

I hope you do understand that certain roles/task will only be given to key appointment holders. Junior position will not be given the chance to be involved in the decision making process.

I'm just wondering if I'm wasting my time away with my current job. It does not value add to my life. I do understand the importance of garnering work experience to better prepare yourself for the next job, but my background in IT does not allow me to venture further.

Of course, being realistic, I do understand that there is no way we can compete with scholars when it comes to job opportunities/mthly salary. That why it is important for us to seek out ideas that will improve life.

Myself , I enjoy working on probability. I see myself as someone who is out to look for a sure-win/high probability victory method. I find little satisfaction from working and idling around, being a clockwatcher. I rather be losing $100 playing around w numbers
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