Chief Procurement Officers’ (CPOs) primary aim when working with suppliers is selecting the ones with the best total value. As much as 67 per cent of CPOs from Fortune 1 000 companies said they sought best value in suppliers. The remaining 33 per cent indicated that their primary objective was least cost. The data, gathered […]
CPOs claim short-term objectives undermine long-term value Read More »
Transnet has partnered with the Automotive Industry Development Center (AIDC) to implement a rapid process improvement (RPI) programme for identified Transnet suppliers in the manufacturing services sector. The programme, facilitated in conjunction with the Lean Institute Africa (LIA), is a three-month workshop focused on five black-owned Transnet suppliers, improving the selected suppliers’ productivity, quality, cost
Transnet / AIDC implement manufacturing SME improvement programme Read More »
Procurement Cards (P-Cards) are rapidly gaining acceptance in South African business circles as an efficient way of managing expenditure with company-approved vendors on low-value/high-volume transactions. When implementing a P-Card programme within your company there are a few things that should be noted, advises Kgomotso Ntsimane, Marketing Manager for Nedbank Corporate Issuing, in this month’s SmartProcurement.
Implementing purchasing cards? Keep an eye on… Read More »
To actively make an SME opportunity possible in the corporate sector and ensure meaningful supply chain transformation, it is imperative to facilitate SME relationships with procurement – as the opportunity-holder – from the outset. This should be done by means of one’s enterprise development initiative, says Shawn Theunissen, head of CSR at Growthpoint Properties and
Facilitating SME’s relationships with procurement promotes meaningful SC transformation Read More »
Shanduka Black Umbrellas’ (SBU) regular procurement workshops at its incubators around the country have proven highly beneficial for those looking to become part of a large corporate’s supply chain and for corporates who want to optimise their suppliers in terms of the broad-based scorecard. Three of SBU’s Durban businesses had interviews with Toyota following the
SME Incubator’s procurement workshops a countrywide-hit Read More »
Companies often see print as a cost of doing business and have not made the move to optimise their print management. However, simply taking that first step with the right print management partner can produce surprising and staggering outcomes, Christian Bell, Head of Sales and Marketing at Point, told SmartProcurement. There is no doubt that
Procure better outcomes from your print process Read More »
All too often a Travel and Expense (T&E) Management programme is considered completed and rolled-out if a company has successfully implemented an on-line booking tool that improves travel policy compliance and reduces overall transactions costs. Recent research indicates that global best practices for organisations is to embrace a total T&E Management technology solution, of which
Total Travel and Expense Management is more than just online booking Read More »
How are larger organisations setting up cell phone and data services with their providers? Most organisations have moved to a split billing arrangement, says Joshua Low of Purchasing Index (PI). In some cases the contract remains in the name of the organisation, with an allowance paid to individuals to contribute towards the total cost of
What are larger organisations really looking for in cell phone and data services? Read More »
Managing supplier relationships is one of the key components of a travel procurement programme says Kele Mohatle, CEO of travel procurement consultancy NaKo Consulting, in this month’s SmartProcurement. As a travel buyer you need to be clear on the intended purpose and the desired outcome: while the intended purpose may be to identify strategic suppliers
Managing supplier relationships in travel procurement Read More »
Shortcomings in current methods of accounting must be addressed for improvement in supply chain productivity Thirty years ago, MRP and standard cost accounting were a good way for an organisation to try and figure out how much it was saving thanks to improvement activities, says John Darlington, Managing Director at Value Flow Consulting Limited and
Cost accounting: public enemy no.1 to supply chain productivity Read More »
