12 February 2014

New tool helps SCM demonstrate its financial impact on the bottom line

  A performance assessment that helps supply chain management (SCM) organisations quantify their financial contributions to organisations was launched in January. Return on Supply Management Assets Performance Check (ROSMAPC) assesses SCM’s value to an enterprise and helps SCM executives demonstrate the function’s financial impact on the bottom line. In order to measure performance the tool […]

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Maximising ED points under new BEE Codes’ tougher formula

  The ease with which early payment options permitted Enterprise Development (ED) points to be attained under the previous BEE Codes (2007) has resulted in many companies currently finding themselves stranded for some of their BEE points: under the newly gazetted BEE Codes (2013) the formula for ED recognition has been updated, and no longer

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Technology’s role in improving the supply chain

  Technology drives innovation and can mitigate risk in the supply chain. In recent years the integration and globalisation of supply chains has improved efficiency, but has driven complexity and vulnerability to the point of disruption. Advances in SCM technology offer a solution, Tech-Pro Personnel tells SmartProcurement. Technology has revolutionised supply chain management: from the advent

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PMI off to slow start for 2014 – retrenchments hit 10-yr high

  The seasonally adjusted Kagiso Purchasing Managers’ Index™ (PMI™) remained unchanged at 49.9 index points in January 2014. The fact that the PMI was just below the neutral 50-point mark suggests that the factory sector experienced a slow start to the new year, said Abdul Davids, Head of Research at Kagiso Asset Management. January’s Business

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Office overheads in the 21st Century – space management

  2014 has ushered in another year of angst for most organisations in South Africa. However, while cost containment remains high on many Exco’s agendas, the costs associated with staff continue to increase relative to the wage bill, says Alan Low of Purchasing Index (PI), in this month’s SmartProcurement. In the 1970s office overheads as

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Government could police spending cuts with a P-card system

  Scepticism around government’s severe cuts to perks and expenditure, and whether these will really work, has been further fuelled by recent instances where members of public office have not adhered to the Finance Minister’s spirit of cost-cutting. With the public’s patience wearing thin, government should consider a procurement card programme to curb expenditure, and

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Building SMEs: don’t overlook administrative tasks

  While the more traditional approach to enterprise development (ED) typically involves providing entrepreneurs with high-level support and mentorship, the importance of assisting them to focus on “the basics” cannot be underestimated. This includes identifying and addressing gaps in their administration, compliance and general reporting systems, says Shawn Theunissen, head of CSR at Growthpoint Properties

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