Author name: Liam

Procurement empowered by cognitive and intelligent applications

By Dr Marcell Vollmer, Chief Innovation Officer, Celonis Across all industries, procurement leaders are seeking significant and measurable productivity gains. New technology, based on machine learning and artificial intelligence, is driving the digital transformation of the procurement function to deliver value, driving supplier innovations, performing risk management, securing a sustainable supply chain and, of course, […]

Procurement empowered by cognitive and intelligent applications Read More »

The traditional mindset of cost savings is dead

By Hemant Porwal, Executive Vice President: Supply Chain and Operations, WESCO Distribution Over time, the concept of measuring savings has evolved to creating a baseline by comparing items under the form, fit and function framework. Top-quartile procurement teams have taken this further by adopting total cost of ownership (TCO) into their request for proposal (RFP)

The traditional mindset of cost savings is dead Read More »

Agility and sustainable sourcing are SCM’s new focus areas

By Ndabeni Bagosi, Head: Cost and Agility Programme, Total South Africa Leading and forward-thinking organisations rely on the agility of their supply chains for sustainability. Traditionally, the focus of supply chain has been on compliance and cost cutting. However, increasing competition, changing customer needs and a changing economic environment are challenging organisations to think beyond

Agility and sustainable sourcing are SCM’s new focus areas Read More »

Which region regulates procurement the most?

By Marko Grujicic, Analyst, Growth Analytics;Joseph Lemoine, Analyst – Growth Analytics, Development Economics Vice Presidency; andGreta Polo, Private Sector Development Analyst, World Bank It might be assumed that public procurement is most heavily regulated in high-income countries, given that they have greater public sector capacity, more efficient institutions and longer traditions of regulation. This assumption

Which region regulates procurement the most? Read More »

PMI: activity continues to improve as lockdown easing lifts production levels

The Absa Purchasing Managers’ Index (PMI) for June 2020 showed that conditions continued to improve in the South African manufacturing sector. This is after most of the sector came to a near standstill during the nationwide Level 5 lockdown in April 2020 and only partially returned to normal production levels in May 2020. The headline

PMI: activity continues to improve as lockdown easing lifts production levels Read More »

Post-COVID-19 cost savings in the mining and manufacturing industries

With cost pressures likely to mount up as we recover from COVID-19, mining and manufacturing companies must find alternative methods to reduce total cost of ownership relating to product procurement and product consumption. “A product information management (PIM) system can help”, says Isak Marais, CEO, DigiTeams, which specialises in bespoke digital transformation within the mining,

Post-COVID-19 cost savings in the mining and manufacturing industries Read More »

Scroll to Top