It is “imperative” that procurement is at the heart of AI adoption, the World Economic Forum (WEF) has warned in a report published earlier this year. Unpacking the report here, is reporter with Supply Management magazine at Haymarket Business Media, Will Phillips, MA. Procurement is a “key enabler” in the adoption of artificial intelligence, and …
Why procurement will be the ‘key enabler’ for AI adoption Read More »
One significant factor that can impact an organisation’s ability to attract and retain top talent is the length of the recruitment process, writes Talent Manager at Pretoria-based supply chain recruitment specialist company, Planned Talent, Megan Rogers. Throughout my career as a recruiter, I have seen many of my clients lose top talent due to a …
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 …
Creating Sustainable Industries in West Africa via Local Content & Procurement Read More »
In this 3-part series, Marijn Overvest, founder of Netherlands-based company, Procurement Tactics, believes that in 2024, procurement will elevate business. In this article and over the next two issues of SmartProcurement News, he will take us through predictions and advice collected from procurement experts globally, to help professionals in the industry navigate the immediate future. …
11 Procurement Trends For 2024 According to Experts Read More »
Africa’s pharmaceutical sector is in the midst of a significant transformation, writes Head of Supply Chain at Kimberly-Clark in Nigeria, Adenike Onasoga. With over 70% of medicines consumed on the continent being imported, this sits at $14 billion. It’s evident that this poses a huge threat to the continent, given the various global disruptions in …
After ending the third quarter on a downbeat note, the Absa Purchasing Managers’ Index (PMI) also had a poor start to the fourth quarter. The headline index dropped further to 45.4 index points in October, from an upwardly revised 46.21 during September. In terms of the major subindices of the headline PMI, the biggest drag …
Artificial Intelligence (AI) in procurement is growing in popularity due to the advancements in technology, writes Karen Bonifacio, SEO Specialist/ Content Writer at Procurement Tactics, in Utrecht, Netherlands. In this article, she answers key questions: what is AI and how does it change the procurement industry? Artificial intelligence is integrated into every device that is …
Pre-Commercial Procurement (PCP) is a new procurement method that is gaining popularity in Africa. Here, COO of Commerce Edge in Johannesburg, Debbie Tagg, unpacks the concept and the advantages it brings. PCP involves a phased approach where several companies are invited to compete for a contract to carry out research and development activities to develop …
Pre Commercial Procurement (PCP) Taking off in Africa Read More »
In today’s career driven society, getting an edge or a handle on your career often means turning to career coaching and mentorship to help get you on the right track, writes executive coach, leadership & talent strategist and founder / managing director of People Shop in Cape Town, Chantal Kading. The word “career” comes from …
Nurturing Success through Career Coaching and Mentorship Read More »
Conditions in the SA manufacturing sector deteriorated at the end of the third quarter. This is according to the seasonally adjusted Absa Purchasing Managers’ Index (PMI), which declined by 4.3 points in September to 45.4. The soft reading for the headline PMI was driven by very weak demand and constrained production. In terms of the former, September saw …
Absa Purchasing Managers’ Index (PMI) September 2023 Read More »
