Supply chain management and procurement are no strangers to cross-functional teams. Many a procurement activity to find value in a market is supported by the efforts of cross-functional teams, comprising all sorts of individuals. However, the success of a cross-functional team depends on certain factors. Sandeep Kashyap, Founder and CEO of ProofHub, a project management …
8 key benefits of cross-functional team collaboration Read More »
What can can delegates expect from th from 3rd Annual Smart Procurement World Western Cape conference being held from March 1-3 2016? Mediacy Mudekwa, SmartProcurementWorld Content Manager, tells us that: “The summit will deliver big ideas regarding the function of procurement as a strategic partner to the organisation, what is the value that procurement can add? …
Expectations high for 3rd Annual Smart Procurement World Western Cape Read More »
The Department of Economic Development (DED) is finalising a partnership that will pump R650-million procurement expenditure into various townships across Gauteng, said Gauteng MEC for Economic Development, Environment, Agriculture and Rural Development, Lebogang Maile. The partnership is spearheaded by retailer MassMart and will see the establishment of 500 retail shops within Gauteng townships. The …
One of procurement’s generic objectives is to achieve the best fit through the procurement of materials of the right quality, in the right quantity, at the right time, at the right price, from the right source. Consequently project managers and procurement professionals are on the forefront to achieve project objectives, Ronald Mlalazi (MCIPS), Eduction Manager …
How can procurement influence suppliers to deliver projects on time, on budget? Read More »
Part 8 of a ten-part series that examines key operational aspects of the so-called “Purchase to Pay” value chain by Independent Contributor, Peter Alkema – Head: Purchase to Pay at ABSA “The request was authorised, the Purchasing Order (PO) was created and communicated to the supplier, and now the goods or services are expected to …
World Class Operational Procurement: Where’s my stuff? Read More »
Clever suppliers will plan to introduce risks after you’ve entered a into contract or started a project. As part of a “foot in the door” strategy, they might be the lowest bidder initially but with a deliberate plan for increasing costs once the “Balance of Power has shifted”. A good example of this is in …
Avoid, reduce or pass the buck on procurement risk… (Part 1) Read More »
There’s a “slight” difference between being notorious and famous… Succesful procurement projects can lead to being famous for the right reasons. But being notorious for spectacular project failures, leads to fame of the unwanted kind. Statistically, the chances are better that your procurement project would lead to notoriety. Look at some of these figures: Project …
Famous or Notorious? Why Procurement Projects Fail Read More »
