6 July 2016

6 Brexit implications for procurement

  The U.K.’s decision to leave the E.U. roiled markets, pummeling the pound and sending commodities linked to economic growth into a slump. As the dust clears and organisations begin to consider the long, uncertain road ahead, what are the top six implications for procurement and supply chain organisations?

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eThekwini municipality linking procurement and SMMEs

  Hosting Smart Procurement World KwaZulu-Natal gave the city of eThekwini’s SMMEs the chance to network with big business procurement from the corporate and public sectors. “Involving Procurement in assisting SMMEs to grow and creating new businesses generates jobs for citizens,” eThekwini Municipality Cllr Fawzia Peer, Chair: Finance & Procurement, told SmartProcurement. “[Linking Procurement with

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Leadership profile: Shiraz Sarang

This month SmartProcurement profiles Shiraz Sarang, Chief Procurement Officer at Nedbank South Africa Full name : Shiraz Sarang Position : Chief Procurement Officer Your organisations’ procurement expenditure  : R12-billion per annum Who does P & SM report to : Chief Financial Officer Private sector or Public sector : Private Core business activity of the enterprise

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How to keep Millennials in procurement

Running a leading procurement organisation is no longer just about attracting younger workers to supply chain and procurement careers. It is about keeping them there. Millennials are now the largest living generation, totalling 75 million, even overtaking baby boomers in size. By 2020, they are expected to represent 50% of the global workforce, too. But

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Understanding policies underpinning the creation of black industrialists

  Black industrialists have a responsibility to maintain black ownership of their businesses. Failure to do so can set back government’s transformation efforts. As a black industrialist it means that one has to be involved in the running of the business on daily basis and according to the BEE act, a black industrialist cannot sell/resell

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Cleaning up SA’s R500bn tender machine

  Policing South Africa’s R500-billion supply chain management system was an enormous task involving more than 20 000 staff and 220 000 suppliers, Treasury chief procurement officer Kenneth Brown said. The supply chain management system, in which tenders are often rigged by officials doing business with the state, lies at the heart of huge corruption

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Integrating procurement systems is required to achieve real economic transformation

  Developments within government such as the creation of the ministry of economic development and, more recently, the ministry of SMEs indicate that the public procurement system also needs to evolve to remain a relevant and proactive tool to drive sustainable economic development, said Adv. Siza Mthethwa, General Manager: KZN Supply Chain Management, KZN Provincial

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Port Elizabeth ED office signs supply agreements with Eastern Cape entities

  An Enterprise Development Centre (EDC) in Port Elizabeth has signed Memorandums of Understanding with Nelson Mandela Bay Municipality, Joe Gqabi Municipality, East London Industrial Development Zone and the George and Knysna municipalities to provide funding and business development support to SME suppliers that work with these entities. Through the initiative, Absa, which has opened

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Updated ‘Supply Chain Management Compendium’ endorsed by SOEPF and CIPS

  The State Owned Enterprise Procurement Forum (SOEPF) and the Chartered Institute of Procurement and Supply (CIPS) have endorsed the second edition of the much-anticipated Compendium of Supply Chain Management Terms. Containing thousands of supply chain management terminologies, Professor Douglas Boateng’s Compendium provides an all-inclusive compilation of procurement and other aspects of supply chain management

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Forget cost management – think ‘value management’

  In tough economic times, management may take a ruthless approach to various areas of the business where they perceive costs as being too high. For example, they immediately cut the marketing budget – when in fact marketing may be more critical than ever before. Or they trim down expenditure on IT systems, when investing

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