19 January 2011

Risks facing senior procurement professionals in their personal capacity

Leave a Comment / Risk Management / Editor

Sooner or later most senior Procurement Managers will be faced with an enquiry into procurement practices, levelled at the individual. Robert Cameron-Ellis, Director of ENS Forensics, gave delegates at SmartProcurement World some insight into what to expect and how to prepare for the inevitable. “If you are faced with a departmental enquiry then your best […]

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Quality of data – The eternal conundrum

Leave a Comment / Spend Analysis, Technology / Editor

To get better quality data, it is essential to change behaviour – and to do that you need to have the right information tools at your fingertips. Purchasing Index’s Alan Low tells SmartProcurement that structuring data in a more meaningful way is only half of the success. Since the inception of PI in 1997 the

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Developing Standard Bank’s procurement purpose – an investment in people

Leave a Comment / Education, Procurement Strategy, Professional Development / StaffWriter

In a bid to elevate the status of its procurement function from a transaction focused back office into one considered to be a value enabler for its business units, Standard Bank South Africa (SBSA) is creating a talent nursery, using a defined procurement competency framework to underpin the career progression path of its people, Meshern

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December PMI remains positive, but declines from November

Social Commerce – Social media in supply

Leave a Comment / Education, Procurement Strategy / StaffWriter

Can social media be relevant in a professional environment – let alone in Purchasing & Supply? Francois Naude, founder of Marketsqr Supply Network, told SmartProcurement that in a time when customers report good experiences in web forums more than twice as often as they do via call centers or mail organisations must care about social

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MTN procurement reaping benefits of facilitated study programme

Leave a Comment / Education / StaffWriter

MTN is confident all its personnel registered for the CIPS study programme will complete their first level by the middle of 2011, Mira Ristovich, Senior Consultant: Group Procurement for the mobile network operator, tells SmartProcurement. “MTN Group Procurement (GP) is in the process of gathering data that will assist in measuring the success of this

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Government’s SCM capacity building drive

Leave a Comment / Professional Development, Public Sector Procurement / StaffWriter

In a bid to elevate the professionalism of Supply Chain Managers, Cabinet has stipulated that government will only employ qualified SCM practitioners and assist to plot their career paths within a system of excellence. To facilitate this new culture of success, the Department of National Treasury (NT) is on a path of significant capacity building,

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Absa’s proactive supplier management practices – Risk management in procurement

Leave a Comment / Risk Management, Supplier Management / StaffWriter

A 2010 McKinsey case study on purchasing organisations found that Absa Group Sourcing (AGS) leads the industry average (3.1 vs. 2.5), while excelling in category purchasing processes, where it achieved a higher rank than 80% of the organisations in its industry and well beyond the banking industry average. AGS has delivered sustainable, annualised savings equal

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The contents of an ethical purchasing policy

Leave a Comment / Procurement Strategy, Public Sector Procurement, Risk Management / Editor

Several SmartProcurement World 2010 speakers discussed the high levels of corruption exposed daily throughout the African continent – South Africa itself being the victim of many improper business practises within all sectors of the national economy. It was widely agreed that organisations need to reform their policy and procedure handbooks to ensure that positive steps

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Managing production costs could mean a 15% higher price/earnings ratio

Leave a Comment / Procurement Strategy, Supplier Management, Supplier Selection / StaffWriter

Organisations that reduce costs by managing the production cost of goods sold and not by cutting overheads had a price/earnings ratio 15% higher than their peers, reports performance advisory company Corporate Executive Board (CEB). “Organisations therefore need commitment from their suppliers for sustainable and rewarding cost savings,” Douglas MacGregor, MD of supplier service benchmarking company

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