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3 September 2014

In 5 Days 2000 Procurement Professionals will meet to network, learn and do business!

Leave a Comment / Commentary, Global Sourcing, Low Cost Sourcing, Public Sector Procurement, Service Outsourcing, Smart Sourcing, Sourcing Strategy, Strategic Sourcing, Sustainable Procurement /

  With only a few days to go, 3000 attendees have confirmed – Smart Procurement World, Africa’s largest supply chain indaba, kicks off on Tuesday, 9 September. More than 110 speakers will share their procurement and supply chain insights with delegates in 6 different conference streams. Hear from supply chain heads from Absa, Coca-Cola, Anglo […]

In 5 Days 2000 Procurement Professionals will meet to network, learn and do business! Read More »

Inefficient procurement cost Africa $31.5-billion – KPMG survey

Leave a Comment / Commentary, Legal / Contract, Procurement Strategy, Public Sector Procurement, Risk Management, Supply Chain Management SCM, Top Stories /

  Ineffective procurement, expressed as value leakage, is estimated to have cost the African continent $31.5-billion, revealed KPMG in a recent report. Sub-Saharan Africa contributed $24.9-billion to that amount. While the report noted that the role of procurement in organisations was becoming increasingly strategic, 73% of C-level executives polled during KPMG’s Power of Procurement 2.0

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Reducing supply chain costs through the circular economy

Leave a Comment / Global Sourcing, Procurement Strategy, Sourcing Strategy, Strategic Sourcing, Supply Chain Management SCM, Sustainable Procurement, Top Stories /

  Today, the linear ‘take, make, dispose’ economy that relies heavily on cheap resources for growth, is under threat from increasing commodity prices and growing consumer demand. The ‘circular economy’ offers a viable alternative, with cost savings estimated at over $1-trillion per annum by 2025. The supply chain has a key role to play in

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5 Dimensions of innovative supplier development partnerships

Leave a Comment / Enterprise Development, Supplier Partnerships /

  With significant changes to B-BBEE legislation fast approaching, there are simply not enough small, black-owned suppliers that can perform to corporate standards. This scarcity is a headache for procurement professionals looking to achieve under increasingly stringent enterprise development (ED) and supplier development (SD) categories without compromising service levels. Considering that there is world-class talent

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The Kraljic Model can identify expenditure fit for P-cards

Leave a Comment / Procurement Cards, Spend Analysis, Technology, Tools, Top Stories /

  Ad hoc expenditure is a big headache for any organisation and procurement division: these low-value, high-volume purchases can erode budgets if processed through traditional P2P. While the solution is to introduce a purchasing card (P-card) programme, how does one determine which expenditure to put on a P-card? A simple and effective way of segmenting

The Kraljic Model can identify expenditure fit for P-cards Read More »

BEE prepared and it will benefit all

Leave a Comment / BEE, Commentary, Enterprise Development, Preferential Procurement, Supply Chain Management SCM, Top Stories /

  It is not about the numbers. For many South African companies, Broad-Based Economic Empowerment (B-BBEE) up until now may have been about tallying numbers on a scorecard to achieve compliance. However this will no longer be enough, and amendments to the B-BBEE measurement codes published on 11 October 2013 by the Department of Trade

BEE prepared and it will benefit all Read More »

Declining SMME index indicates narrowing entrepreneurial supply base

Leave a Comment / Change, Commentary, Enterprise Development, Low Cost Sourcing, Service Outsourcing, Top Stories /

  The Absa SMME index declined during Q1 2014, with a total quarterly decrease of 2.2% and a yearly decrease of 3.8%. The index declined to a two-year low in Q4 2013 (from 95.6 to 93.4). Although South Africa has not yet entered a recession, the overall index clearly reflects slower growth over the last

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People fail, not suppliers…

Leave a Comment / Enterprise Development, Professional Development, Risk Management, Supplier Partnerships, Supply Chain Management SCM, Top Stories /

  Being an entrepreneurial supplier is exhilarating, but at times challenging. In fact, supply relationship managers involved in enterprise development may have sleepless nights wondering if their small or self-employed suppliers may be considering throwing in the towel because their businesses are not working. Don Pitsoe, Business Mentor at The Hope Factory offers 10 words

People fail, not suppliers… Read More »

Procurement SA + Ed incubators = entrepreneurs accessing industry

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

  Outside of their own organisations’ enterprise development initiatives, procurement departments across SA can offer numerous avenues for incubated entrepreneurs to access the country’s industry through agreements with various incubators. An incubation model cannot stop once an entrepreneur’s skills gaps have been ‘treated’ – the model must give entrepreneurs a means of accessing industry at

Procurement SA + Ed incubators = entrepreneurs accessing industry Read More »

NEXT WEEK: Huge BEE supplier EXPO development held in Midrand

Leave a Comment / Commentary, Enterprise Development, Sourcing Strategy /

  The revised BEE Codes place greater emphasis on enterprise and supplier development, making it important for organisation to develop relationships with up-and-coming suppliers and identify suppliers seeking corporate mentors. Next week, September 9 & 10, you have a chance to meet the right suppliers in one place. Over 400 verified, black-owned businesses are showcasing

NEXT WEEK: Huge BEE supplier EXPO development held in Midrand Read More »

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