While procurement leaders increasingly turn spend data into a competitive advantage, laggards continue to repeat painful mistakes. You may have noticed that spend analytics is a hot topic right now. According to Deloitte’s Global Chief Procurement Officer Survey 2018, the majority of CPOs across the world expect analytics to have the greatest bearing on procurement […]
6 most painful mistakes in spend analysis Read More »
Procurement travel managers have a whole host of issues that they need to take into account: from cost, efficiency and payment processing to data security, service reliability and employee safety. Diana Akchurina, business-to-business professional at Gett, a taxi-hailing app that operates in the USA, UK, Russia and Israel, discusses five factors that make travel one
5 factors that cause your organisation’s travel spend to be out of control Read More »
What, exactly, is ‘sustainable procurement’? What should purchasers be looking out for and what should product manufacturers do to ensure that their products measure up? Good Environmental Choice Australia’s (GECA’s) Emma Berthold weighs in on what sustainable procurement really is and what purchasers should be looking out for.
What is sustainable procurement? Read More »
Three ways in which collaboration can create procurement transformation Procurement has been trying to make changes to its processes, priorities and brand identity for years. Our suppliers want us to be more open to contact and implore us to conceptualise out-of-the-box ideas. Our internal stakeholders want us to move faster and let their input play
How much can procurement change on its own? Read More »
This month SmartProcurement profiles Dr Faith Mashele (MCIPS, MBA, PhD), from the Tshwane University of Technology. Full name: Faith Mashele Position: Financial Director: Expenditure Your organisation’s procurement expenditure: R1.1-billion
Leadership Profile: Dr Faith Mashele Read More »
The transportation and logistics industry has mountains of data available, and experts encourage carriers and their customers to embrace data-backed business decisions. Ben Goldwasser, a business development professional at Spendrix specialising in risk analysis, business administration and technology issues affecting the transportation and logistics industry, takes a brief look at using data to improve supplier
How can data improve supplier decisions? Read More »
The telecommunications industry is evolving at tremendous pace. Nokia predicts that in 2025 the number of connected devices in the world will have risen from less than 10-billion to around 50-billion. These will include machines such as cars and household appliances that will communicate with each other. “Today, most data sets are generated by human
Bringing demand planning to board level Read More »
The seasonally-adjusted Purchasing Managers’ Index (PMI) rose by 2.2 points to reach 47.2 index points in April. This was the first increase after three months of decline. Remaining below the neutral 50-point mark, the PMI is more or less in line with the average recorded in Quarter 1 of 2019. “This means that factory conditions
PMI indicates manufacturing stabilised in April, but at a depressed level Read More »
