Author name: StaffWriter

Prepare and adjust your supply chain for coronavirus

By James B. Rice, Deputy Director, MIT Centre for Transportation and Logistics Developing a clear supply chain response to the coronavirus outbreak is extremely challenging, given the scale of the crisis and the rate at which it is evolving. The best response, of course, is to be ready before such a crisis hits, since options […]

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Understanding the what, why and how of strategic sourcing

By Jijnyasa Patowarya As businesses today continue to harness the power of globalisation to expand performance, the role of effectively sourcing goods and services from suppliers has become inevitable. Additionally, procurement is transforming into a more strategic function that is aligned with organisational goals and objectives. Furthermore, issues like economic and political volatility, technological disruption,

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5 technologies reshaping supply chains and customer satisfaction

By Anant Kadiyala, Director: Blockchain and IoT Industry Solutions, Oracle Shrinkage, wastage, counterfeiting, contamination, mishandling, logistical delays and other challenges continue to plague today’s supply chains − despite decades of investments and improvements along the way. Companies have limited visibility into who their end-users are and how end-users actually use/handle their products on a day-to-day

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How to partner with SMEs for success

By Rebecca Ellinor Tyler Small businesses are the engine room of an economy, providing jobs and fresh ideas. Here’s how to ensure that your business is SME-friendly… Join us at Smart Procurement World for a session on re-igniting the spirit of entrepreneurship and accelerating SMMEs to go mainstream. What capacity and contractor development initiatives work

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‘CPO’ stands to become the Chief Purpose Officer through digital transformation

By Dr Marcell Vollmer, Chief Digital Officer, SAP Ariba How does a Chief Procurement Officer measure success?In the past, executives responsible for sourcing, contracting, purchasing and payment gauged success chiefly on their ability to wring savings out of the value chain. Without question, reducing costs remains as crucial today as ever. But, with the advent

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PMI continues its decline to 2009 financial-crisis levels

The seasonally-adjusted Absa Purchasing Managers’ Index (PMI) declined for a fourth consecutive month to reach 44.3 points in February 2020. The 0.9-point decline brought the index to its lowest level since the second half of 2009 when the economy started to recover from a deep recession triggered by the global financial crisis. “At four points

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