Contract Management

Supply chain risks

Anticipating and Preventing Supply Risks to Avoid Supply Chain Disasters

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

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

Automating Quote Sourcing a Wise Move

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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Negotiating with consultants

Negotiating with consultants – know the pitfalls

In the indirect category of procurement, one of the tricky negotiations is with consultants. In many cases, they are brought in at high levels of the organisation for their specific expertise. Often they have already been awarded the contract and are ready to start the assignment. If this has happened to you, read on.  Bill

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Time for an overhaul

3 Procurement processes that are overdue for an overhaul

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

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Perfect delivery: the new rules for survival, innovation and growth

Perfect delivery: the new rules for survival, innovation and growth

By Steve Banker, Vice President: SCM, ARC Advisory Group Customer loyalty begins with excellent service and timely delivery. Companies have come under pressure to unify their buying experience across channels, capture orders easily, and deliver them rapidly and accurately. When it comes to gauging the loyalty of an organisation’s customer relationships, the net promoter score

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Improve contract compliance by thinking like sales…not procurement

By Kelly (McCarthy) Barner Call us crazy but we reckon Procurement would be better off looking at the Contract Management process the same way sales does… If you’re anything like me as a procurement practitioner, you think of our end-to-end process in a linear fashion. It usually starts with spend analysis or some other source

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Procurement in a pandemic: top tips for tricky issues

By Amy Ryburn and Lisette Hood, from commercial and public law firm Buddle Findlay Procuring organisations (buyers) are currently grappling with a number of tricky issues arising from the COVID-19 pandemic, including issues relating to both live and planned procurement processes. Buyers who are facing significant uncertainty, or who are without the resources to effectively

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