Legal / Contract Archives - Page 2 of 37

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 / 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 / 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 / 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 / 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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Can a Negotiation Checklist Improve your Results?

Leave a Comment / Leadership and People, Legal / Contract, Negotiation, Procurement Strategy, SRM Supplier Relationship Management, Supplier Management / Bernie van Niekerk

Preparing for a negotiation is critical to success. Though not intended as a substitute for learning, preparing this checklist from Next Level Purchasing can steer your negotiation preparation for great results. Do you follow these steps? Identify the primary supplier to negotiate with. Identify your second-best option in case you cannot reach agreement with your

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20 Tips for getting compliant proposals from suppliers

Leave a Comment / Education, Leadership and People, Legal / Contract, Procurement Strategy, Procurement Training, Risk Management, Tender Management / Bernie van Niekerk

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

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BBBEE Commission releases study on improving ESD

Leave a Comment / BEE, Don't miss, Education, Enterprise Development, Leadership and People, Legal / Contract, Supplier Management / Bernie van Niekerk

The need for investment and facilitation in assisting SMMEs with pre-investment and post-investment support, is growing, says National Director – Business Consulting, ESG and Energy & Natural Resources, Yugen Pillay. Commenting on the enterprise and supplier development (ESD) research report released last month by the Commission for Broad-Based Black Economic Empowerment (BBBEE Commission), he said

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Negotiating with consultants – know the pitfalls

Leave a Comment / Contract Management, Don't miss, Legal / Contract, Negotiation, Sourcing Strategy, Strategic Sourcing / Bernie van Niekerk

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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Less Risks, More Opportunities with Sustainability

Leave a Comment / Education, Leadership and People, Legal / Contract, Risk Management, Sourcing Strategy, Sustainable Procurement / Bernie van Niekerk

We live in an era of continuous and expanding growth: Producing, procuring, distributing, trading, consuming, and other economic activities improve people’s quality of life, upgrade communities, and allow nations to thrive. However, says Oumaima Ben Amor, Sustainability Consultant at Our Hiraya in Australia, we tend to forget that the economy and society are embedded into

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What P2P Will Look Like in the Future

Leave a Comment / AI, Compliance / Legal, Global Sourcing, Leadership and People, Legal / Contract, Procurement Training, Sourcing Strategy, Supplier Management, Supply Chain Management SCM, Technology / Bernie van Niekerk

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

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