2 July 2014

2014 SCM salary trends: Men earn 29% more than women!

Leave a Comment / Professional Development, Supply Chain Management SCM, Tools & Tips, Top Stories / Editor

Tech-Pro’s Salary Survey 2014 highlights how growing demand for skilled Supply Chain practitioners is improving career and earnings prospects for procurement, logistics, planning, supply chain and consulting staff, in this month’s SmartProcurement. Today, business success is heavily influenced by supply chain efficiency. Having the right product in the right place at the right time is […]

2014 SCM salary trends: Men earn 29% more than women! Read More »

Massmart and Absa join forces to support black entrepreneurs

Leave a Comment / Enterprise Development, Supplier Partnerships, Top Stories / Editor

Massmart and Absa have partnered to assist a black-owned milling company to expand its operations and create 40 permanent jobs. Lethabo Milling, a participant in the Massmart Supplier Development Programme, acquired a mill in Ventersburg, Free State, and will receive an order from Massmart to produce 10 000 tons of Massmart’s house brand Econo Super

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Why do some cross-functional teams fail? 5 critical success factors

Leave a Comment / Procurement Strategy, Smart Sourcing, Sourcing Strategy, Strategic Sourcing, Tools & Tips, Top Stories / Editor

Using a cross-functional team in a strategic sourcing exercise for a key commodity is the accepted and preferred way to go, many teams having delivered successful outcomes. However, it is no assurance of improved performance. But what causes a less than successful outcome? Elaine Porteous asks in this month’s SmartProcurement. Cross-functional teams (CFTs), made

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World procurement congress lists SA supply chain collaboration as finalist

Leave a Comment / Supplier Partnerships, Supply Chain Management SCM, Top Stories / Editor

South African corporations’ ability to collaborate with their SME business partners on supply chain innovation was in the spotlight recently at the Procurement Leader Awards of the Second World Procurement Congress. Anglo American and Johannesburg-based Aurik Business Incubator were the only SA organisations named as finalists in the categories ‘External Collaboration Award’, ‘CSR Award’

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4 benefits of P-Cards that drive strategic procurement

Leave a Comment / Procurement Cards, Technology, Top Stories / Editor

The days when procurement was merely another support function are long gone. Organisations are becoming more aware that procurement is vital to adding value for the company and its customers, and should, therefore, be part of the overall corporate strategy, explains Anita Carolus-Opperman, Nedbank Corporate Card National Sales Manager, in this month’s SmartProcurement. P-Cards

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Will an SMME Ministry spell the end of late payments?

Leave a Comment / Enterprise Development, Top Stories / Editor

There could be hope on the horizon for entrepreneurs with the recent introduction of the Small Business Development Ministry – IF the Ministry addresses recurring challenges that entrepreneurs face in the business landscape, says Eleanor Scott, Executive Mentor at enterprise development organisation The Hope Factory. Of significance to entrepreneurs is the issueof late payment,

Will an SMME Ministry spell the end of late payments? Read More »

Is your small supplier an entrepreneur or an opportunist?

Leave a Comment / Enterprise Development, Procurement Strategy, Risk Management, Supplier Management, Supplier Partnerships, Supplier Selection, Supply Chain Management SCM, Top Stories / Editor

While “entrepreneurship” is often assumed to be directly related to “passion”, this is not necessarily the case. With an increasing number of individuals choosing to step into the entrepreneurial space as a means of financial survival, buyers need to have clarity about the driving force behind their SME suppliers. If it’s all just about

Is your small supplier an entrepreneur or an opportunist? Read More »

The right business structure will unlock BEE supply prospects

Leave a Comment / BEE, Preferential Procurement, Top Stories / Editor

An understanding of what drives the procurement decision can be the advantage that wins that next tender or that next customer. Traditionally the main drivers of any procurement decision are price, quality and service, but with the importance placed on BEE compliance, the fourth driver of procurement decisions is a supplier’s BEE status. The

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Remove supplier payment delays – shift from Letters of Credit to open account trading

Leave a Comment / Supplier Management, Supplier Partnerships, Supply Chain Management SCM, Technology, Top Stories / Editor

A Letter of Credit (LC) is extensively used as a payment method around the world: LCs account for almost 20 to 30% of global payment volumes and account for 48% of the export trade mix and 47% of import trade mix. However, between 2011 and 2012 there was a drop in commercial LCs from

Remove supplier payment delays – shift from Letters of Credit to open account trading Read More »

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