‘Procurement irregularities’ has taken 3rd place on Corruption Watch SA’s Corruption Report 2017 (CRW2017). Coming in at 12% of the reported types of corruption, procurement irregularities trails bribery as the most common form of reported corruption (27% of cases). However, CRW2017 does not define ‘procurement irregularities’, which caused Xavier Greyling (MCIPS) to question if procurement […]
What is the true cost of unethical conduct? Read More »
Why do we need to develop collaborative relationships with our key suppliers? Because we want to (a) reduce costs, (b) make process improvements, and (c) encourage innovation in products/services. “The first two both sound quite straightforward, but to achieve innovation takes a bit more effort. We need to be open and transparent with those suppliers
Instead of wasting time, collaborate with key suppliers for continuous improvement Read More »
This was the finding of Scopen Africa, whose information – obtained from the Agency Scope 2017/2018 study – indicates that 54% of advertising and media agency negotiation processes are led by marketing, while in 41% of those processes both parties (marketing and procurement) are present. The study also found that 63.7% of marketers are influenced
Understanding the role of Procurement will help agencies secure more client wins Read More »
The digital marketing category has opened businesses up to new opportunities and challenges. While marketing now has the capability to reach more customers, procurement now has the numbers and visibility of the supply value chain for the marketing category. However, the digital revolution has also handed the procurement function a chance to reset historical squabbles
Frenemies – making ‘cents’ of advertising spend Read More »
This month SmartProcurement profiles Ntokozo Zondi, Head: Group Procurement at Orion Engineered Carbons. Full name: Ntokozo Zondi Position: Head: Group Procurement Your organisation’s procurement expenditure: R750-million a year (South Africa only) Who does P & SM report to? Global Supply Chain VP (Frankfurt, Germany, EU) Ntokozo will be speaking at Smart Procurement World’s Western Cape
Leadership profile: Ntokozo Zondi Read More »
Research indicates a strong link between owner-manager education, access to finance and small business growth The growth of small businesses in South Africa is severely affected by the institutional environment in which they operate. In this series of articles, Cornelia Olivier, Head of Sourcing: Corporate Services, Absa, looks at South Africa’s institutional environment. In part
Part 2 – Enabling small supplier growth in SA vs 75% of SME Credit Applications Rejected Read More »
Although it is now common knowledge that funding small suppliers is key to igniting the engine of inclusive economic growth, the evaluation and development of relevant skills play an equally significant role in powering the economy. It is this focus on skills development that underpins the operating principles of Old Mutual’s Entrepreneurship Ecosystem. In this
Beyond small supplier funding – the crucial role of skills development Read More »
The seasonally adjusted Purchasing Managers’ Index (PMI) retreated below the neutral 50-point mark in March after encouraging improvements during the first two months of 2018. The index shed 3.9 points to reach a level of 46.9 in March, off of February’s 50.8 points. The key drivers behind the fall in the headline PMI were sharp
