Vice-president of supply chain management in the ARC Advisory Group, based in Charlottesville, Virginia, USA, Steve Banker, spoke to two industry leaders on the subject of supply chain risk management best practices last year, namely Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Theissen, the managing director at targetP! …
Industry Experts Interviewed on Best SC Risk Practices Read More »
Proposals can contain a lot of information and are the basis on which procurement decisions are made. Therefore, you must evaluate them carefully for compliance with your requirements. So what does a compliant proposal look like? The following checklist, from Next Level Purchasing, can simplify your proposal evaluations and ensure that a supplier is worthy …
20 Tips for getting compliant proposals from suppliers Read More »
As businesses move further into the twenty-first century, the traditional procure-to-pay process will become increasingly outdated. In the coming decades, warns Dooka South Africa, companies will need to completely re-envision their procure-to-pay (P2P) process if they want to remain competitive. This article explores what the future of P2P will look like in 20 years, examining …
Several questions arise when it comes to negotiating. As one goes into a negotiation, there is one striking question that one needs to ask oneself: “Is the price the only subject for negotiation?” Ronald Mlalazi (MCIPS), Managing Director of Commerce Edge South Africa, discusses here the need for procurement professionals not to limit their negotiations …
By Teigan Margetts, Manager / Consultant at Red Hero Group In procurement, we innovate. We conquer digital transformations. We handle worldwide disruptions. But some of our processes? They’re holding us back, and here’s why… Hear more international insights around overhauling procurement at the upcoming Smart Procurement World Indaba in September 2021. Michael Pleuger, a business …
3 Procurement processes that are overdue for an overhaul Read More »
As an unprecedented 2020 trickled into 2021, it has become abundantly clear that competent and proficient supply chain management is a major catalyst when it comes to sustainable economic growth. With this in mind, the IMM Graduate School has added two new, cutting-edge supply chain management qualifications to their offering: a Higher Certificate in Supply …
With Halloween just past, it is time to consider whether your boss is scarier than your average ghoul or if your career is in the grip of a scary, old-world Chief Procurement Officer (CPO) and thus doomed to wither… Tania Seary, Founding Chairman of three companies specialising in the development of the procurement profession – …
Irrespective of what you think about the way in which private- and public-sector procurement is conducted, the ultimate objective is the same. Creating ‘value for money’ is the most commonly used term among purchasing individuals. Government procurement expert, Stephen Bauld, has spent half his career working with private-sector organisations and the other half working with …
Procurement perspectives: a procurement career pursuit is worth it Read More »
Three ways in which collaboration can create procurement transformation Procurement has been trying to make changes to its processes, priorities and brand identity for years. Our suppliers want us to be more open to contact and implore us to conceptualise out-of-the-box ideas. Our internal stakeholders want us to move faster and let their input play …
The Millennial Generation represents one of the greatest potential influences and challenges to managing talent in the next year or two. Hackett’s 2016 Procurement Key Issues study revealed that talent management remains one of the top-three critical or major areas of focus for virtually all procurement organisations. The two perennial favourites, category management and strategic …
Planning procurement’s response to the Millennial Generation Read More »
