By Jeni Christensen (MCIPS), Procurement Manager in Melbourne, Australia, for Villa Maria Catholic Homes, a not-for-profit organisation linked to the Catholic Church. 2019 has been a productive year for procurement with the Commonwealth Modern Slavery Act of 2018 (the Act) being passed by the Australian Parliament on 29 November 2018 and entered into force on […]
The power of procurement: an Australian perspective Read More »
By Mediacy Mudekwa The cost of state capture is estimated to be around R1.5-trillion over the last approximate four years. To put this into perspective, R1.8-trillion is the national budget for 2019. According to the Daily Maverick, state capture has wiped out “a third of South Africa’s R4.9-trillion gross domestic product, or effectively annihilated four
State capture: a supply chain created problem? Read More »
By Bertrand Maltaverne We, as procurement professionals and as citizens, have a responsibility to take action to tackle the challenge of working sustainably. 01 August 2019: this could be when we reach Earth Overshoot Day this year. For the rest of the year, we will be living on credit. When it comes to natural resources,
After saving costs, now is the time to save the world! Read More »
Procurement and supply chain professionals have such a broad range of skills and cross-functional business knowledge that it makes us all ideal mentors. Mentors share their professional knowledge/experiences and act as positive role models to mentees in need of some direction. This is especially true when engaging with suppliers and mentoring young entrepreneurs partaking in
10 things that I have learnt about mentoring Anzisha fellows Read More »
Not long ago, corporate leaders thought that the greatest opportunity to leave the competition behind was to invest heavily in internal R&D and to perform all innovation activities behind closed doors until new products were mature enough and ready to be launched to market. It was believed that only those companies would be able to
Using hackathons to accelerate procurement’s digital transformation Read More »
In a previous article, Ben Goldwasser, Business Development Professional, Spendrix, discussed how to spot risky behaviour when communicating with suppliers. In this month’s SmartProcurement, Goldwasser identifies supplier risk and explores what to look out for during on-site evaluations. This is specifically beneficial in the transportation and logistics industries when visiting carriers in person. While on-site
How to spot supplier risk during on-site evaluations Read More »
Essential skills for modern procurement teams By Privesan Naidoo Technological advances in the procurement industry will result in automating even the most complicated processes in the near future, which will save time and free up resources to unlock new opportunities. With these advances there will be less emphasis on hard skills, but there will be
Adapt to survive and thrive Read More »
By Matodzi Ratshimbilani President Cyril Ramaphosa and the Minister of Finance have, on several occasions in the recent past, informed South Africa that mega state-owned enterprises (SOEs) will soon be under the helm of chief restructuring officers (CROs), of whom a lot is expected to turn around the fortunes of beleaguered SOEs. On 30 July
The unenviable task of the Chief Restructuring Officer (CRO) Read More »
The seasonally-adjusted Absa Purchasing Managers’ Index (PMI) measured 52.1 index points in July 2019, up from 46.2 index points in June 2019. This is the first reading above the neutral 50-point mark since December 2018. “The improvement is well-supported by the underlying sub-components, with four of the major five sub-components coming in above the neutral
PMI and its sub-components improved in July but sustainability is in question Read More »
