10 May 2017

Procurement’s value will be judged on its alignment with the organisation’s strategy

Leave a Comment / Change, Legal / Contract, Procurement Strategy, Professional Development, Sourcing Strategy, Supplier Management, Supply Chain Management SCM, Technology / Editor

Is your procurement division a purchasing or a procurement function? More importantly, into which category does your CEO and other key executives place your function? Shiraz Sarang, CPO at Nedbank discusses how procurement professionals can elevate the importance of the procurement function within an organisation, in this month’s SmartProcurement.

Procurement’s value will be judged on its alignment with the organisation’s strategy Read More »

Vetting suppliers: avoid introducing risk into your supply chains

Leave a Comment / Legal / Contract, Risk Management / Editor

Many Japanese car makers have recalled whole fleets of models owing to faulty airbag modulesProfit is the ultimate objective of every business operation. However, there are several threats to revenue, including market competition, internal fraud, poor leadership, high expenditure, regulatory obligations and weak links in supply chains, particularly concerning suppliers. “Working with the wrong supplier

Vetting suppliers: avoid introducing risk into your supply chains Read More »

Travel benchmarks point to behaviour massively driving costs in 2017

Leave a Comment / Benchmarking, Category Management, Travel / Editor

The domestic corporate travel market is set to undergo many subtle changes in 2017, says Alan Low of category benchmarking company Pi. With a forecast of stagnant economic growth, downgrades and political uncertainty, organisations will be looking for more savings and greater efficiency. The interplay between travellers, travel managers and service providers, such as

Travel benchmarks point to behaviour massively driving costs in 2017 Read More »

Raising procurement’s image – one person at a time

Leave a Comment / Change, Commentary, Procurement Strategy, Professional Development / Editor

Who’s willing to stand up and bear the flag of procurement pride and improve our image? Elaine Porteous wants reinforcements to help raise the function’s status up to where it belongs.

Raising procurement’s image – one person at a time Read More »

BEE: look beyond regulation to be effective in supply chain

Leave a Comment / BEE, Commentary, Enterprise Development, Legal / Contract, Supplier Management / Editor

Black Economic Empowerment (BEE) is one of the most highly regulated aspects of the South African business landscape today. The most recent changes to the regulations have both large corporate businesses and smaller businesses returning to the scorecard drawing board. Louis Coetzee – General Manager of the Ecsponent Development Fund (part of JSE-listed African

BEE: look beyond regulation to be effective in supply chain Read More »

Protect the procurement process from conflict of interest

Leave a Comment / Legal / Contract, Risk Management / Editor

Procurement practitioners are responsible for ensuring a fair and transparent procurement process that is free from any conflicts of interest. Despite frameworks like the Public Finance Management Act, Municipal Finance Management Act and the King IV Report on Corporate Governance, there have been numerous incidents in which procurement professionals were found guilty of allowing their

Protect the procurement process from conflict of interest Read More »

6 Steps to improve buyer-supplier relationships

Leave a Comment / SRM Supplier Relationship Management, Supplier Management, Supplier Relationship Management Systems / Editor

In supply chain literature, as well as in business environments, supplier relationship management (SRM) and buyer-supplier relationships have multiple definitions, shapes and extensions, owed to the fact that the determinants and perceptions of these fields have evolved over time. With increasing globalisation, and economic and political turmoil, stable and focused SRM is more important

6 Steps to improve buyer-supplier relationships Read More »

Leadership profile: Nombuso Angel Msomi of King Shaka Airport

Leave a Comment / Procurement Leaders / Editor

This month SmartProcurement profiles Nombuso Angel Msomi, from King Shaka International Airport Full name: Nombuso Angel Msomi Position: Supply Chain Manager – King Shaka International Airports Your organisation’s procurement expenditure: R250 million per annum Who does P & SM report to: General Manager of King Shaka International Airport

Leadership profile: Nombuso Angel Msomi of King Shaka Airport Read More »

Five ways to streamline your procurement

Leave a Comment / Change, Procurement Cards, Procurement Strategy, Technology / Editor

Running a successful business is stressful. Very stressful, in fact. Arguably the biggest challenge facing chief procurement officers and procurement managers is cashflow. Ensuring that you have the right stock levels without sacrificing pricing, or incurring wastage, will go a long way in alleviating month-end pressure. Open communication between the procurement- and finance departments

Five ways to streamline your procurement Read More »

Cookie	Duration	Description
cookielawinfo-checkbox-advertisement	1 year	Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
CookieLawInfoConsent	1 year	Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Cookie	Duration	Description
_ga	2 years	The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_ga_ZNR8TQGJ5V	2 years	This cookie is installed by Google Analytics.
_gat_gtag_UA_3057904_1	1 minute	Set by Google to distinguish users.
_gat_UA-3057904-1	1 minute	A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The pattern element in the name contains the unique identity number of the account or website it relates to.
_gid	1 day	Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.