On 27 June 2020, MarketWatch reported that the global disposable face mask market size was anticipated to reach US$23.81-billion by 2027. On 30 June, Goldman Sachs released an extensive economic analysis of why the wearing of a face mask is a must. By studying the link between coronavirus infections and mask mandates in US states …
Procurement-managed expenditure accounts for an average of 65-75% of many organisations’ outflows. Tough economic situations, therefore, require procurement professionals to continually implement and manage cost reduction programmes. As many organisations continue to search for ways to reduce costs, there should be an agreed and well-defined programme for and by supply chain professionals to cut …
IBM is working with the Zambian government to set up a new medical supply chain pilot project to better manage inventory and delivery of medicines, reports Supply Management. The collaboration with the Zambian Ministry of Health will make 200 life-saving drugs more widely available. According to IBM, the public health sector in Zambia registers …
Zambia managing medical supply chain with ‘cutting-edge technology’ Read More »
Recently on Procurementtips.com (SmartProcurement’s forum for procurement professionals) the following question about forecasting procurement requirements was asked. We received a useful and in depth reply from David van der Walt in Australia: Q: We all know how important forecasts are for us (buyers), to insure accurate flow of items and does indeed have a direct …
Best practices for forecasting procurement requirements Read More »
