17 July 2019

4 key steps to writing sustainable procurement policies

Developing sustainable procurement policies is an important and worthy goal for any organisation or business. It is not just about buying the eco-friendliest products out there – sustainable procurement means taking the social and economic influences of purchased goods and services into account, along with their environmental footprint. Through sustainable procurement, your organisation can build

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A framework for developing SCM professionals

By Ingrid du Buisson South Africa currently ranks 61st out of 137 countries within the 2017/2018 Global Competitive Index (World Economic Forum, 2017). One of the Index’s main critiques against the country is its inadequately educated workforce, which re-affirms the critical role of education and skills development. It is imperative that the country ensures efficient

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Brexit can right the wrongs of public procurement

Brexit has delivered some issues, no doubt about that. It has also presented a massive opportunity to put right a lot of what is wrong with public procurement. “This is, indeed, a chance to establish the foundations of public procurement policy and to enable contracting authorities to drive real value for money, cost effectiveness, continuous

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Policy changes pin hopes of economic transformation on government procurement

Changes made to South Africa’s government procurement policy are aimed at relying more heavily on public procurement as a tool for increasing the pace of economic transformation and urgently addressing socio-economic imbalances owing to South Africa’s pre-democratic past. This was largely performed through the implementation of the Preferential Procurement Regulations of 2017, which introduced a

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Procurement processes are not exempt from ICT progress

From a broader point of view, development in information communication technology (ICT) has radically changed the manner in which people conduct business. Speed of communication and information exchange mean that you can offer real-time answers to customer enquiries, process transactions and convert potential leads into paying clients. “The procurement process is no exception to these

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June PMI up, but weak demand limits recovery potential

The seasonally-adjusted Absa Purchasing Managers’ Index (PMI) rose to 46.2 index points in June 2019, up from 45.4 in May 2019. “The average level for Quarter 2 of 2019 was 46.3 points, below the level recorded in Quarter 1 of 2019”, said the Bureau for Economic Research (BER) in a statement. In contrast, available official

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