Commentary

COVID-19 pandemic: a rocky road to a new business norm

By Gordon Reid with input from Mieka Cleghorn, SA Managing Director, Transparent As a semi-retired business executive, and after spending the past twenty plus years working for some of South Africa’s leading companies, the COVID-19 lockdown has afforded me valuable time for some serious thinking. Many businesses will need to change the way they operate […]

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Face protection masks could inject at least US$1.5-billion annually into the African economy

On 27 June 2020, MarketWatch reported that the global disposable face mask market size was anticipated to reach US$23.81-billion by 2027. On 30 June, Goldman Sachs released an extensive economic analysis of why the wearing of a face mask is a must. By studying the link between coronavirus infections and mask mandates in US states

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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

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The self-disruptive CPO: why we need a new kind of procurement leader

What kind of future-ready procurement leader is needed to survive a rapidly-changing business world? Only a few months ago, the stock market was looking strong and the ongoing trade war between China and the United States indicated future pressure on global supply chains. No one could have predicted that schools and universities would close, companies

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16 tried-and-tested tips on running productive meetings remotely

By Michael Healy, Supply Chain Partner The outbreak of COVID-19 has forced companies to get creative about how they connect and meet with customers and teams. Working with cloud applications allows us to workshop, design and configure systems remotely. With apps like Zoom and Microsoft Teams, working remotely can be easy and cost effective. But

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March PMI improves, but quarterly performance weakest since 2009

During Quarter 1 of 2020, the seasonally-adjusted Absa Purchasing Managers’ Index (PMI) experienced its weakest quarterly performance since 2009. The PMI averaged at 45.9 index points, compared with 47.6 in Quarter 4 of 2019. The weak quarterly outcome was despite the PMI improving to 48.1 index points in March 2020, from 44.3 index points in

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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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Procurement perspectives: justifying consultancy fees

Procurement perspectives: justifying consultancy fees

By Stephen Bauld One might wonder why, as a consultant for over a decade, I would write about overpriced consultants. Being in this industry, I often hear stories about the high costs incurred when securing consulting services; these stories are widespread and frequent. Indeed, it is surprising how many consultants are so sensitive to this

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Procurement,Distribution,Purchase,Cooperation,Concept

Procurement Gold: Unleashing the real power of your supply chain

The human element will make or break your supply chain career. Procurious Founder Tania Seary reveals the human strengths that artificial intelligence (AI) will never replace and how to leverage this competitive advantage. There comes a time when you forget why you ever started I will never forget my first meeting as a procurement executive

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