Teng Hong Lim

Facilitator

Main procurement specialisms:

Capex, Opex, IFM, SRM, Tender Management, Contract Administration

 

Companies previously worked for:

Intel Corporation, B. Braun Medical Devices

 

Most senior role held:

Regional Head of Procurement in Asia

 

Greatest achievements in Procurement:

1. Delivered a single Capex project of over USD 500 million in China

2. Strategised and implemented a regional IFM programme in Asia with value over USD 60 million

3. Managed a procurement team located in over 5 Asian countries

 

Best procurement advice I’ve been given:

From a contract management perspective, a proposed contract needs to be fair for both parties. Risks should not be transferred from client to supplier if those risks are not within the capability of the supplier to manage

 

Procurement advice I’d give:

A procurement specialist needs to have basic knowledge of their assigned procurement category, understand the market conditions, comprehend any potential risks, and be able to communicate timely to stakeholders prior to any decision-making

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