They say a picture tells a thousand words. How about a procurement meme? Okay, millennials. Strap yourselves in, because Hugo Britt, Content Manager at Procurious, is going to attempt to meme. Is meme even a verb? Perhaps not, but that isn’t going to stop him. For older readers who don’t really know (or care) what […]
Procurement in 7 memes Read More »
Procurement professionals who traditionally measure their effectiveness by means of savings will sooner or later face the following problems: a depletion of supplier resources and a loss in supplier motivation in terms of further co-operation. Suppliers cannot always be the sole source of benefits, patching holes in your company’s balance sheet with their funding, says
8 ways to create procurement value Read More »
When talking about procurement projects for a municipality it is safe to say you must factor in the political dimension. Although the importance of council supervision in the municipal procurement process is clear, difficulties arise when the political side of council thinking begins to cloud the discharge of its fiduciary responsibility. Stephen Bauld explores the
Factoring political dimensions into municipal procurement Read More »
They say people do business with people they like. That may be true in organisations that have a rather flexible approach to procurement, but in the world of travel management it’s often more to do with the bottom line than who plays a better game of golf… Selecting the right Travel Management Company (TMC) to
How to procure the right travel partner Read More »
This month SmartProcurement profiles Prof. Marcus Ambe, from the University of South Africa, Unisa. Full name: Prof. Marcus Ambe Position: Chairperson of the Tender Committee (Other Projects) at Unisa; Chairperson of the Supply Chain Management Research Group, Unisa; Chairperson of the implementation committee for Enterprise and Supplier Development Programme, Unisa; Professor in Supply Chain Management,
Leadership Profile: Professor Marcus Ambe Read More »
As we leave #youthmonth behind and move into July, it is a good time to consider the difference that procurement can make in the lives of South Africa’s youth. In this month’s SmartProcurement, Heilet Bertrand, Marketing Manager, Institute for Futures Research, University of Stellenbosch, takes a look at what procurement can do. Youth Day (16
Can procurement create jobs? #youthmonth Read More »
“What business strategy is all about is, in a word, competitive advantage. The sole purpose of strategic planning is to enable a company to gain, as efficiently as possible, a sustainable edge over its competitors. Corporate strategy thus implies an attempt to alter a company’s strength relative to that of its competitors in the most
Logistics: an opportunity for competitive advantage Read More »
Different concepts have been developed to understand how to successfully implement logistics and supply chain management. “In the case of the hotel industry, logistics and supply chain activities must be grouped into tactical, strategic and operational levels”, says Godfrey Otiato (MCILT). Taking this view helps to create a more systematic approach by focusing on how
How to implement supply chain management in the hotel industry Read More »
The seasonally-adjusted Absa Purchasing Managers’ Index (PMI) fell further below the neutral 50-point mark in June. The index lost 1.9 points to reach 47.9, down from May’s 49.8 points. The dip means that the average level recorded during Q2 of 2018 is only 0.3 points above Q1 of 2018’s average and still below the key
June PMI falls further, dragged by sentiment around expected business conditions Read More »
