Information technology

Procurement trends

Procurement Trends for 2024 According to Experts

In this second article of a 3-part series, Marijn Overvest, founder of Netherlands-based company, Procurement Tactics, continues to unpack a wealth of advice for industry professionals to use in their planning for 2024. We pick up at Number 4 of 11 trends in procurement, predicted by experts for the coming year. Trend 4. Procurement forecasting […]

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Local content & procurement

Creating Sustainable Industries in West Africa via Local Content & Procurement

Senior Group Category Manager at Endeavour Mining in Abidjan, Côte d’Ivoire, Balla Niambele, MBA, examines how mining can underpin the development of sustainable industries in West Africa, placing emphasis on the significance of local content and procurement, and the challenges and opportunities that come with these. West Africa’s economic growth and development have long been

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Fragmentation of African supply chains

Addressing Fragmentation: The Way Forward for Africa

In Part 2 of her article on fragmentation of African supply chains, Adenike Onasoga, Head of Supply Chain at Kimberly-Clark, Nigeria, says regional integration in Africa has come a long way through social advancement, political stability and economic expansion throughout the continent. However, more needs to be done to actualise the set goals, which she

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Procurement Price Tracker that can Monitor 4.3 Billion Prices

Procurement Price Tracker that can Monitor 4.3 Billion Prices

Procurement Tactics, a leading innovator in the procurement industry, has announced the launch of its groundbreaking Price Tracker tool, empowering procurement professionals to track prices of any web page with ease and precision.  It allows you to enter any URL from the web, and the price tracker will scrape that page every 24 hours to

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Supply Chain risk management (SCRM)

SCM Managers warned of prolonged Panama drought

Supply Chain risk management (SCRM) professionals are warned to expect prolonged negative consequences of the severe drought impacting the Panama Canal, including weight restrictions and higher rates being applied, with further increases in the cost of shipping cargo on the cards. Here Berlin-based Jan-Henner Theissen, founder and managing director of procurement advisory firm, targetP!, provides

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Fragmentation of African supply chains

The Impact of Fragmentation on African Supply Chains

Efficient and interconnected supply chains play a vital role in driving economic growth and development, whereas the fragmentation of African supply chains impedes trade policies, costs, and potential, writes Adenike Onasoga, Head of Supply Chain at Kimberly-Clark, Nigeria. In this article, she writes about the pressing need on the continent to address the issues arising

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Chat GPT in procurement

How Chat GPT Transforms Procurement … in its own words!

SmartProcurement asked Chat GPT (a Large Language Model (LLM)  Artificial Intelligence that’s currently taking the world by storm) to tell us more about itself and what it can do for procurement professionals. The article that follows was written by Chat GPT in response to this question.   Hey there! I’m Chat GPT, an advanced AI

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AI in Procurement

What can AI do for YOU in procurement?

CEO of Commerce Edge International Business and SmartProcurement Editor, Bernie van Niekerk, unpacks the huge potential of Artificial Intelligence in our industry, for the purpose of releasing you, the procurement professional, to get on with the interesting stuff. The uses of AI are exploding, and have the potential for limitless developments. In this enormously helpful

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How Chat GPT can improve SCM

How CHAT GPT can improve Sourcing and Supplier Management

In our first article, CHAT GPT made some bold claims regarding its ability to support and enhance procurement processes. In this short video, Bernie van Niekerk, Editor of SmartProcurement, delves deeper into Chat GPT capabilities and through a conversation with this AI, illustrates its amazing abilities to support procurement processes and professionals. https://commerce-edge.com/tools-tips/practical-examples-of-utilizing-chatgpt-in-the-procurement-process/

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Procuring the best deal

Best Practices to Get the Best Deal, Every Time

Procurement is changing, advises Dooka South Africa. With the rise of technology and the increasing need for transparency in business, procurement must also adapt. In this blog post, the company explores four best practices that will help you optimise your procurement process and get the best deal, every time. Procurement is changing and you need

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