RESEARCH UPDATE Do you understand the procurement risks of not vetting your employees and vendors properly? Here are a few figures to put it all in perspective, in this month’s SmartProcurement. Since inception in March 2012 LexisNexis ProcureCheck has vetted more than 6 000 vendors for its clients. Of the 6 000 vendors, it […]
2 in 5 vendors supply incorrect details, 10% have conflicting interests Read More »
Many companies have achieved savings of 20% – 40% through implementing a managed print service (MPS). Consequently, the concept is growing in popularity on a global scale and locally in many procurement departments. Billy Bell, of Managed Print Services at DataCentrix, defines the relationship at a high level and some of the aspects that need
New MPS trend allows procurement to bank up to 40% Read More »
Hollard Group Procurement Manager, Arie De Ridder, outlines how the insurer made use of leading technologies to assist them with consolidating and managing their expenditure, in this month’s SmartProcurement. Background De Ridder told SmartProcurement that Hollard procurement was faced with a number of issues for which they needed an urgent solution, these included: access to
Case study: Hollard does world-class expenditure analysis Read More »
The traditional purchaser would focus on price, cost, quality and performance. However, as far as South Africa Inc. is concerned, there is a very strong requirement to include Supplier Development, Malcolm Farrell, Director of the Supply Chain Network, tells SmartProcurement. Procurement professionals in the South African economy have a huge responsibility on their hands. Why?
Develop suppliers. Develop the economy! Read More »
Buyers are finally listening to bidders, Sandy Pullinger, MD of proposal consultancy nFold, tells SmartProcurement. At the 3rd annual conference of the Association of Proposal Management Professionals (APMP SA), held in Johannesburg last week, a panel representing the procurement community concluded that there are problems with their tenders that bidders can help them identify. Problems
What was procurement thinking when it wrote that tender? Read More »
Supply chain management (SCM) is one of five significant risks affecting whether municipalities receive a clean audit, said South Africa’s auditor general Terence Nombembe. The risk within SCM is demonstrated by the growing trend of irregular expenditure said Nombembe, commenting after the publication of the latest audit results for the financial year, in which only
“Poor government procurement prevented clean audits” – Auditor General Read More »
The Auditor General’s (AG) report on Municipalities made headlines for all the wrong reasons; there is something seriously amiss at the local Government level. Paul Maddison, MD of Realyst Contract Management, raises the question of how Government can help the local entities right the ship, in this month’s SmartProcurement. South Africa has arguably some of
Can contract management rescue local government procurement? Read More »
Inappropriate expenditure and corruption are widely reported in the media – however, 2500 Sanyati Holdings employees now find it on their door step, playing a role in cutting their jobs. The former CEO gave his account of how Government’s failure to pay on contracts has contributed to the black-empowered civil engineering and construction firm’s liquidation.
Government’s failure to pay sank Sanyati Read More »
Business Incubators the world over are known for the technical assistance they offer new firms, but an incubator’s true strength may lie in helping small businesses to enter corporate supply-chains in order to become market-ready, Mark Frankel, CEO of Shanduka Black Umbrellas, a non-profit enterprise development service, tells SmartProcurement. Big organisations have a role to
Giving small businesses entry to corporate supply chains Read More »
The seasonally adjusted Kagiso Purchasing Managers Index (PMI) gained 2.8 index points in July to reach a level of 51, after having contracted to below the key 50-point level in June. The local manufacturing sector remains under strain owing to lower demand from our key export markets, said Abdul Davids, Head of Research at Kagiso
PMI recovers, but SA manufacturing sector remains weak Read More »
