Legal / Contract Archives - Smart Procurement

SA misses renewables procurement deadline at Kusile

Leave a Comment / Compliance / Legal, Featured, Legal / Contract, Public Sector Procurement, Sourcing Strategy, Tender Management / By Bernie van Niekerk

Electricity Minister Kgosientsho Ramokgopa has welcomed the earlier-than-expected return of Kusile Unit 3 coal-fired generation, but has also acknowledged that government simultaneously failed to meet its end of September deadline for the release of the next public procurement round for renewable energy, reports Creamer Media’s Editor, Terence Creamer in Engineering News. Eskom confirmed on September …

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11 Procurement Trends For 2024 According to Experts

Leave a Comment / AI, e-Procurement, Leadership and People, Legal / Contract, Procurement Strategy, Recent, Risk Management, Sourcing Strategy, SRM Supplier Relationship Management, Strategic Sourcing, Supplier Management, Technology / By Bernie van Niekerk

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. …

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Anticipating and Preventing Supply Risks to Avoid Supply Chain Disasters

Leave a Comment / Contract Management, Don't miss, Legal / Contract, Risk Management, Supplier Management, Supply Chain Management SCM / By Bernie van Niekerk

Jan-Henner Theissen, founder and managing director of procurement advisory firm, targetP! in Berlin, writes here about Supply Chain Risk Management, specifically, anticipating and preventing risks in your supply chain and creating a competitive advantage for your company. Contract management has evolved substantially since vendor management first started and now it is a fully-working part …

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Automating bid submission and evaluation

Getting the Final Leg of SCM Automation Right – Bid Submission and Evaluation

Leave a Comment / Contract Management, Don't miss, e-Procurement, Legal / Contract, Sourcing Strategy, Strategic Sourcing, Supplier Management, Supply Chain Management SCM, Technology, Tender Management / By Bernie van Niekerk

Despite the adoption of automation in supply chain management (SCM) to enhance efficiency and productivity, numerous businesses continue to receive and evaluate bids manually. In fact some companies still have a darkroom dedicated to storing old bid responses, says Director and Business Development Head at Wema Software Solutions in Pretoria, David Gitonga. The aspiration to …

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Automating Quote Sourcing a Wise Move

Leave a Comment / Contract Management, Don't miss, e-Procurement, Legal / Contract, Sourcing Strategy, Strategic Sourcing, Technology, Tender Management / By Bernie van Niekerk

The success or failure of a company in today’s competitive business climate often hinges on how quickly and accurately it can obtain bids. Businesses can benefit greatly from automating quote sourcing, reminds Director and Business Development Head at Wema Software Solutions in Pretoria, David Gitonga. In this article, he delves into the merits, features and …

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Update On Panama Canal Drought – Increased Transportation & Cost Risk

Leave a Comment / Category Management, Don't miss, Legal / Contract, Logistics, Risk Management, Supplier Management, Supply Chain Management SCM / By Bernie van Niekerk

Jan-Henner Theissen, founder and managing director of procurement advisory firm, targetP! in Berlin, warns that the drought in the Panama Canal showed no signs of improvement at the time of publication at the end of August. Due to the drought, transit capacity has been adjusted which means further delays and costs should be expected. His …

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SCM Managers warned of prolonged Panama drought

Leave a Comment / Category Management, Don't miss, Information technology, Legal / Contract, Risk Management, Supplier Management, Supply Chain Management SCM / By Bernie van Niekerk

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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Procurement Fraud Continues to Thrive

Leave a Comment / Compliance / Legal, Leadership and People, Legal / Contract, Procurement Leaders, Public Sector Procurement, Risk Management, Sourcing Strategy / By Bernie van Niekerk

Procurement fraud happens within the entire value chain of organisations, says Lebogang Letsoalo, director at Sincpoint Pty Ltd. The reason for so many procurement officials getting the chance to manipulate systems and accept bribes, is because decisions are made on every level. Letsoalo tells SmartProcurement that – from an economic perspective – we need to …

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South Africa’s Public Procurement Bill – Quo Vadis?

Leave a Comment / Compliance / Legal, Don't miss, Legal / Contract, Public Sector Procurement, Sourcing Strategy / By Bernie van Niekerk

South Africa will soon get the chance to provide input on the Public Procurement Bill through Parliament’s portfolio committee. Discussing the implications of the process ahead is Johannesburg-based director, coach, consultant and Supply Chain Management practitioner, Shaun Scott. The Public Procurement Bill has officially been a “Draft Bill” since February 2020 and formally a “Bill” …

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Speaking of Contracts

Leave a Comment / Compliance / Legal, Contract Management, Legal / Contract / By Bernie van Niekerk

Managing Director of Commerce Edge, Ronald Mlalazi, presents a short and crisp tutorial on Contractual Terms, part of the CIPS Curriculum for CIPS Level 4. https://commerce-edge.com/tools-tips/tips-on-contractual-terms/

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