What must procurement do for the board and CEO, now and in the future? Molefe Mokgatle, Executive Director at Aveng Grinaker-LTA told delegates at SmartProcurement World that a problem procurement must face is outdated legacies: in the past the only real skill required of procurement was negotiation. Supply chain optimisation is a key enabler of […]
At what level do executives expect procurement to operate? Read More »
Government spent R26,4-billion in 2010 in ways that contravened laws and regulations, BusinessDay reports. The national and provincial governments and their entities notched up R21-billion in irregular expenditure last year, a 62% rise over the previous year’s R13-billion, with unauthorised expenditure adding a further R3,8-billion (R8,9-billion), and fruitless and wasteful expenditure an extra R1,5-billion (R500-million).
Irregular state expenditure jumps 62% Read More »
Business, government and labour pledged on Monday to increase their expenditure on goods and services from South African producers to 75%. The move is a bid to boost industrialisation and create employment in the country. The New Growth Path Local Procurement Accord seeks to “lay a foundation for a localisation programme,” said Economic Development Minister
State-business accord sets buy-local target of 75% Read More »
Doing things right the first time is a philosophy, mentality and performance standard that students writing the Chartered Institute of Purchasing and Supply (CIPS) November 2011 examinations will aim to achieve, Ronald Mlalazi (MCIPS), Commerce Edge Academy Education Manager, tells SmartProcurement. In his 12th article for SmartProcurement’s World-Class Procurement Practice series, Mlalazi discusses how the
CIPS exams – doing it right the first time Read More »
The seasonally adjusted Kagiso PMI remained largely unchanged in October, rising marginally to 50.5 from a downwardly revised 50.2 during September, reports the Kagiso website. Abdul Davids, the Head of Research at Kagiso Asset Management, said that ‘for the last two months, the PMI has suggested stagnant month-on-month factory sector output’. A positive development was
PMI suggests stagnant factory sector output Read More »
Many of the 6 000 000 small to medium enterprises (SMEs) in South Africa are struggling and a high percentage will fall by the wayside, Yvonne Themba, Director of Corporate Affairs at Shanduka Black Umbrellas, told delegates at SmartProcurement World. Themba added that South Africa has a low entrepreneurial class with less than 8% of
Sustainable supplier and enterprise development Read More »
While there may be some uncertainty over the dates on which the tolling of Gauteng highways will begin under the Gauteng Freeway Improvement Plan (GFIP), the cost of refurbishing the roads makes it a certainty that the tolling will go ahead.
Open road tolling – logistics costs to rise by up to 15% Read More »
Ready access to accurate, timely, structured internal and external business intelligence will create unprecedented abilities to synthesize info in support of decision making, envisions a report on Ideas for Procurement in 2020, the outcome of a dialogue between Ariba and leading procurement practitioners. “My hope,” says Dawn Evans, President and Chief Executive Officer, Sourcing Interests
Competitive advantage – full expenditure, risk and performance visibility Read More »
Investigations into large scale fraud are severely hampered by a break down of the national support systems, Dr David Klatzow, world renowned forensic scientist told delegates that the SmartProcurement World Conference held earlier in October. Klatzow investigated the Helderberg air disaster for SAA, Brett Kebble’s alleged assisted suicide, the Inga Lotz murder and acquittal of
SA Fraud investigations enjoy little support, Economic predictions Read More »
The new Preferential Procurement Policy Framework Act (PPPFA) regulations are set to go into effect on 7 December 2011. This is great news that will positively impact the lives of many in South Africa as well as the country’s overall economic outlook, Catherine Hills, Partner: Global Accounts at Ariba, tells SmartProcurement. The regulations state that
Using the new PPPFA Regulations for successful supplier adoption Read More »
