Procurement in 7 memes

DistractedBoyfriend_small.jpgThey say a picture tells a thousand words. How about a procurement meme?

Okay, millennials. Strap yourselves in, because Hugo Britt, Content Manager at Procurious, is going to attempt to meme. Is meme even a verb? Perhaps not, but that isn't going to stop him.

For older readers who don't really know (or care) what memes are, don't worry - Britt's got you covered. Whether it's Bad Luck Brian, Kermit Sipping Tea, or King Leonidas screaming "SPARTA", Britt will attempt to add a bit of context around the meme before applying a Procurement gripe to each.

Join Britt at Smart Procurement World Gauteng in September, where he'll present procurement's "guide to blockchain technology and how it will change our world". He'll look at early applications of blockchain in supply chain, specifically automotive, freight and logistics.

8 ways to create procurement value

SergeyDovgalenko.jpgProcurement professionals who traditionally measure their effectiveness by means of savings will sooner or later face the following problems: a depletion of supplier resources and a loss in supplier motivation in terms of further co-operation. Suppliers cannot always be the sole source of benefits, patching holes in your company's balance sheet with their funding, says Sergey Dovgalenko (FCIPS), Head of Procurement, Etihad Airways.

Factoring political dimensions into municipal procurement

StephenBauld_100.jpgWhen talking about procurement projects for a municipality it is safe to say you must factor in the political dimension.

Although the importance of council supervision in the municipal procurement process is clear, difficulties arise when the political side of council thinking begins to cloud the discharge of its fiduciary responsibility. Stephen Bauld explores the political dimension that procurement must appreciate, in this month's SmartProcurement.

How to procure the right travel partner

EuanMcNeil_100.jpgThey say people do business with people they like. That may be true in organisations that have a rather flexible approach to procurement, but in the world of travel management it's often more to do with the bottom line than who plays a better game of golf...

Selecting the right Travel Management Company (TMC) to support your organisation can often be a daunting and drawn-out process, especially when you struggle to differentiate the services offered by each TMC, says ‎Euan McNeil, GM FCM Travel Solutions South Africa, a division of Flight Centre Travel Group. "The secret to finding the right match for you is to understand that what you put in, is what you get out."

Leadership Profile: Professor Marcus Ambe

Marcus_Ambe.jpgThis month SmartProcurement profiles Prof. Marcus Ambe, from the University of South Africa, Unisa.

Full name: Prof. Marcus Ambe

Position: Chairperson of the Tender Committee (Other Projects) at Unisa;
Chairperson of the Supply Chain Management Research Group, Unisa;
Chairperson of the implementation committee for Enterprise and Supplier Development Programme, Unisa;
Professor in Supply Chain Management, Unisa School of Public and Operations Management;
Deputy Chairperson: Technical Standards and Competencies for the interim Supply Chain Management Council, SA

Your organisation's procurement expenditure: R2-billion

Who does P & SM report to: Chief Finance Officer (CFO)

Can procurement create jobs? #youthmonth

HeiletBertrand_100.jpgAs we leave #youthmonth behind and move into July, it is a good time to consider the difference that procurement can make in the lives of South Africa's youth. In this month's SmartProcurement, Heilet Bertrand, Marketing Manager, Institute for Futures Research, University of Stellenbosch, takes a look at what procurement can do.

Logistics: an opportunity for competitive advantage

TafaraSvosve.jpg"What business strategy is all about is, in a word, competitive advantage. The sole purpose of strategic planning is to enable a company to gain, as efficiently as possible, a sustainable edge over its competitors. Corporate strategy thus implies an attempt to alter a company's strength relative to that of its competitors in the most efficient way" (Kenichi Ohmae, 1982).

Recessionary markets and increasingly fierce global competition are two of the main challenges facing organisations today in their quest to gain and sustain competitive advantage. However, providing a level of service that stands above the rest can rarely be achieved if a supplier fails to focus on its logistics strategy, argues Tafara Svosve (MSc Supply Chain Management; CMILT). A new management approach that recognises and locates logistics in its rightful place on a strategic platform (rather than merely a support activity) is required if organisations are to achieve and sustain competitive advantage, writes Svosve in this month's SmartProcurement.

How to implement supply chain management in the hotel industry

GodfreyOtiato_100.jpgDifferent concepts have been developed to understand how to successfully implement logistics and supply chain management. "In the case of the hotel industry, logistics and supply chain activities must be grouped into tactical, strategic and operational levels", says Godfrey Otiato (MCILT). Taking this view helps to create a more systematic approach by focusing on how implementation will happen from a higher level, then linking this to long-term goals and, finally, seeing how these results will translate in the short-term.

Otiato, founder of Guru Logistics Consultancy, unpacks these logistics and supply chain activity levels in this month's SmartProcurement.

June PMI falls further, dragged by sentiment around expected business conditions

PMI_down_100.jpgThe seasonally-adjusted Absa Purchasing Managers' Index (PMI) fell further below the neutral 50-point mark in June. The index lost 1.9 points to reach 47.9, down from May's 49.8 points. The dip means that the average level recorded during Q2 of 2018 is only 0.3 points above Q1 of 2018's average and still below the key 50-point level. This suggests that the sector is unlikely to stage a solid recovery after output contracted on a quarter-on-quarter basis in Q1 of 2018.

Are procurement leaders intellectually lazy when forming African strategies?

MorneMostert.jpgAfrica is deeply dichotomous. This reality confronts any procurement leader when addressing the question of African distinctiveness in the process of long-term strategic decision-making, says Dr Morne Mostert, Director of the Institute for Futures Research, in this month's SmartProcurement.

Procurement and the 4th Industrial Revolution

DanBartel.jpgHow can the procurement function adapt to the new reality of Industry 4.0? What can procurement leaders do to lead the change?

To explore possible answers to these questions, Dan Bartel, Group SVP, Head of Procurement & Logistics/Chief Procurement Officer, ABB, unpacks Industry 4.0 in the context of Klaus Schwab's 2016 book, The Fourth Industrial Revolution, in which Schwab (World Economic Forum Founder and Executive Chairman) identifies four significant effects of Industry 4.0 on businesses across industries.


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