Top Articles

4 Reasons why your procurement function does not deserve a seat at the top

By: Mediacy Mudekwa

How many times have you heard procurement professionals at a conference or in a random discussion say, "we deserve a seat at the table"? I've lost count of the number of articles I've read recently on the theme of why procurement "deserves" a seat at the top table. Fact of the matter is, procurement should be a strategic function. So why do procurement professionals struggle to justify why they deserve a seat at the top?

A CPO's first 100 days

By: Greg Tennyson

You're hired! After the jubilation of accepting a job wears off and you're successfully on-boarded to your new company, you learn that you have 100 days to develop a procurement transformation plan. This plan will begin a journey of transformation that surpasses the expectations you shared during the hiring process. The opportunity is 'greenfield': building a procurement function where one didn't previously exist, or where the function never took hold for one reason or another.

Accountability and Governance

By: Douglas Boateng

Good governance + accountability = long-term socio-economic development
Local government procurement practitioners need to recognise the inextricable link between good governance, accountability and long term socio-economic development.

Buying is the spending of money

By: Xavier Greyling

Exceptional procurement is the creation of value.

The act of 'buying' confirms that a consensus exists between a willing buyer, wishing to buy something, and a willing seller, wishing to sell that same thing. It also confirms that both parties understand the limits they have placed on their common law rights through the contract terms and conditions they have agreed upon to govern the transaction or the supply relationship.

Defining the future of the procurement and supply profession

By: AM Mahomed

Over the past year, the Chartered Institute of Procurement and Supply (CIPS) has taken a close look at emerging changes in business and markets globally, and analysed a variety of trends to identify opportunities for the procurement and supply profession and the next generation of professionals.

Digital transformation of procurement

By: Sanet Shepperson

The rise of the digital revolution has affected all aspects of business, including supply chains.

The Internet of Things (IoT) is beginning to connect everything and technologies such as radio frequency identification (RFID) and analytics are being combined to help companies transform their existing supply chain networks into more flexible, open, agile and collaborative digital-driven models.

Effective partnerships to enable access to finance for SME's

By: KeaObaka Mahuma

It is widely accepted that SMEs are critical to drive economic growth and create employment opportunities in modern economies. In developed countries, SMEs contribute approximately 66% to GDP and over 75% to employment figures. In developing countries, however, the contribution to GDP and employment is lower, at approximately 33% and 50%, respectively; suggesting how much room there still is to focus on SMEs in these developing economies.

Elevating the impact of procurement to the CEO

By: Shiraz Sarang

Procurement's value will be judged on its alignment with the organisation's strategy

Is your procurement division a purchasing or a procurement function? More importantly, into which category does your CEO and other key executives place your function? How can procurement professionals elevate the importance of the procurement function within an organisation?

Ethical commitment

By: Pascalle Albrecht

Combat travel and entertainment expense fraud through corporate card solutions

Travel and entertainment spend can be a hotbed for fraud in corporates.

Ethics in Procurement

By: Hemant Harrielall

Factory collapse, fraud in food supply chains, modern day slavery. It is shocking to hear how poorly some supply chains are managed, with such dangerous consequences for life and limb, in almost every country and region of the world. No country has escaped a scandal of this kind. Allegations of state capture in South Africa. Fraud charges and horsemeat scandals in the UK. Diseased pig meat in China. And slavery remains rife in all corners of the world.

Exceptional consequence management through legislation

By: Helen Venter

Public sector struggle to recover irregular expenditure is hamstrung by inconsistent laws

For the past two years, the Auditor General of South Africa has complained about the lack of consequence management against accountable officials for incurring irregular or fruitless and wasteful expenditure. The Public Finance Management Act (PFMA) of 1999 is very clear that such expenditure must be recovered from the person liable in law, unless the expenditure is condoned.

Innovation and technology

By: Ian Hendry

Pair your P-Card with an expense management solution - Your stakeholders will thank you

A procurement card (P-Card) programme's success depends not only on an endorsement from stakeholders and management, but also the infrastructure that supports the card.

Investment opportunities in municipalities

By: Helen Venter

Will the Facilitation Standard Operating Procedure cut red tape for municipal investment opportunities?

The Red-Tape Reduction team in the Western Cape Department of Economic Development and Tourism, identified that one of the most frustrating experiences for businesses who would like to invest in municipal opportunities, is the red-tape linked to these investments.

Mere supplierships and economic development

By: Douglas Boateng

'Mere suppliership' is an obstacle to Africa's long-term industrialisation and socio-economic development.

In adopting 'mere suppliership' mind-sets, developing-economy C-suite executives and policy makers are preventing Africa's long-term industrialisation and socio-economic development.

Planning for a clean audit in the public service

By: Mbulelo Gingcana

Supply Chain Management (SCM) is a current focus area of government and the Auditor General. They are paying particular attention to and placing immense importance on good governance. It is therefore critical that government departments strictly adhere to the principles of compliance.

Power of market intelligence

By: Deepa M.K.

Power of market intelligence: taking guesswork out of category strategies

Market intelligence enables category and sourcing managers to make credible, data-driven strategic decisions, by leveraging knowledge of the supply market, industry and competition.

PPPFA - South Africa's Preferential Procurement Policy Framework Act

By: Shaun Scott and Helen Venter

PPPFA Regulations 2017 are the best yet, but still fall short of SA's public sector transformation expectations

South Africa's Preferential Procurement Policy Framework Act (PPPFA) was first gazetted in 2000. Whilst the Act has not changed in 17 years, we have seen three versions of the Regulations, the latest being effective on the interesting date of 1 April 2017.

Procurement maturity

By: Mmatshepo Rasebopye

Is SA's public procurement mature enough to grow the country's SMMEs?

It is not surprising that today many believe that public sector supply chain management is a new thing and that its advent has brought about challenges. While it is true that the world of supply chain management has evolved a great deal, 1994 was not a quantum leap that brought about the new South African procurement regime; procurement has always been there and we have been either personally or business-wise subconsciously practising it. And it has always experienced challenges.

Recent case law judgements

By: Helen Venter

In life, other people's mistakes hold numerous lessons. The same is true in supply chain management. Case law judgements are an opportunity for us to hear the Courts' legal interpretation of issues, and the Court's judgement offers a legal precedent that can be referred to before disputes need to enter a courtroom.

Simple procurement optimisation for value beyond mere cost saving

By: Xavier Greyling

"Time is Money": a well-known proverb to demonstrate that "...time is a valuable resource, therefore it's better to do things as quickly as possible". Since its first use by Benjamin Franklin in 1748, to explain to a tradesman his true loss if just sitting idly and not earning a wage through labour, it has been used extensively by businessmen, companies and even statesmen to motivate and increase productivity.

Simplifying procurement, equipping your business for the future

By: Marco Rossi

Yesterday's transaction batch and spreadsheet-based applications aren't up to the challenges faced in today's organisations. As a result, organisations are looking to streamline business processes, increase rapid time to innovation, gain operational improvements and reduce costs.

Slavery in contemporary supply chains

By: Andre Coetzee

Worldwide, more and more people are becoming aware of human rights abuse in supply chains. Modern technology ensures that news spreads very fast and it is impossible to hide wrong-doing and human rights abuse in supply chains. This will lead to the brand and value destruction of your business, not to mention the law suits that could follow. Organisations better understand the status of their supply chains when it comes to the impact of modern slavery.

Structural anomaly between finance and procurement hampering Africa's long-term developmental goals

By: Douglas Boateng

Procurement remaining a process within finance hampers Africa's long-term developmental goals.

Adhering to a modus operandi that creates ongoing accountability and governance challenges, and expecting a different result, is a sure sign of calculated negligence and possibly cowardice. C-suite leaders and decision makers continuing to follow the same failed procurement-reporting-to-finance formula, yet hoping for a different outcome, are hampering the continent's long-term developmental goals

Technology, Learning & Innovation for SCM Professionalisation in the Public Sector

By: Mark Kuipers and David Krywanio

Exciting initiatives are being implemented to support the professionalisation of the SCM discipline.

National Treasury has been striving in recent years to create an enabling environment for the professionalisation of supply chain management (SCM) in the public sector. We aim to develop individuals who are highly competent to perform their responsibilities in an ethical and professional manner. We recognise that opportunities to pursue and maintain professional status can be a significant motivating force for individuals to continue learning, establish networks and develop their careers.

The personal development trap

By: Vaughan Zoutendyk

A good name is better than gold: Avoid the personal development trap.

In the race to get ahead in life, it can be tempting to always be on the lookout for a better job, a better opportunity, or more money! But, as many of us with grey hair know, the grass is not always greener on the other side. Many people pursue one job after another in the hopes of 'leap-frogging' themselves into what they perceive to be success. Unfortunately, this is where many of us make mistakes. There are no shortcuts to long-term success.

The procurement puzzle

By: Caryn Myers

New procurement regulations complete another piece of the procurement puzzle, as they attempt to address meaningful economic transformation. The sub-contracting element holistically supports the enterprise and supplier development element within the amended codes - an element which has the most potential to invite more people to participate in the South African economy.

The search for procurement talent

By: AM Mahomed

The interconnected world of business is continuing to experience a number of seismic changes. Socio-political systems are being challenged, economies are increasingly under pressure, and global supply chains are under threat from impending tariffs, as societies around the world are rejecting globalisation in favour of protectionist policies.

The true cost of being unethical

By: Stuart Townshend

- chasing compliance above all in procurement and supplier development

As the most significant contributor to a business's B-BBEE scorecard, it's no wonder that enterprise and supplier development (ESD) is high on the South African business agenda. Supplier compliance is no longer a nice-to-have, but an essential box to tick if a business is to reap the benefits of ESD, in terms of both compliance and competitive advantage.

What to expect from a B-BBEE Professional

By: Prebashini Govender

The purpose of B-BBEE verification is to issue an accurate B-BBEE certificate and score for an organisation, based on credible evidence provided by an organisation.
All B-BBEE measurements calculated for the purpose of issuing certificates must be done by a South African National Accreditation System (SANAS) accredited B-BBEE verification agency, or individual verification practitioner (B-BBEE Professional).