Sourcing Strategy 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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Creating Sustainable Industries in West Africa via Local Content & Procurement

Leave a Comment / Category Management, Featured, Information technology, Leadership and People, Procurement Strategy, Sourcing Strategy, Supplier Management, Supply Chain Management SCM, Sustainable Procurement / By Bernie van Niekerk

Senior Group Category Manager at Endeavour Mining in Abidjan, Côte d’Ivoire, Balla Niambele, MBA, examines how mining can underpin the development of sustainable industries in West Africa, placing emphasis on the significance of local content and procurement, and the challenges and opportunities that come with these. West Africa’s economic growth and development have long been …

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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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The Imperative of Backward Integration and Strategic Sourcing in Africa’s Pharmaceutical Sector

Leave a Comment / Category Management, Enterprise Development, Global Sourcing, Health Procurement, Leadership and People, Logistics, Low Cost Sourcing, Procurement Leaders, Professional Development, Recent, Sourcing Strategy, SRM Supplier Relationship Management, Strategic Sourcing, Supplier Management, Supply Chain Management SCM / By Bernie van Niekerk

Africa’s pharmaceutical sector is in the midst of a significant transformation, writes Head of Supply Chain at Kimberly-Clark in Nigeria, Adenike Onasoga. With over 70% of medicines consumed on the continent being imported, this sits at $14 billion. It’s evident that this poses a huge threat to the continent, given the various global disruptions in …

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Pre Commercial Procurement (PCP) Taking off in Africa

Leave a Comment / Don't miss, Leadership and People, Professional Development, Public Sector Procurement, Sourcing Strategy / By Bernie van Niekerk

Pre-Commercial Procurement (PCP) is a new procurement method that is gaining popularity in Africa. Here, COO of Commerce Edge in Johannesburg, Debbie Tagg, unpacks the concept and the advantages it brings. PCP involves a phased approach where several companies are invited to compete for a contract to carry out research and development activities to develop …

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Fostering innovation at the Sourcing Stage for Large Contracts

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

Fostering innovation in the sourcing stage in Africa is essential for the continent’s economic development. Innovation can lead to new products and services, improved efficiency and increased productivity. It can also help to create jobs and boost economic growth. In this article, our Staff Writer discusses crucial considerations for less developed countries. Challenges There are …

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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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A New Approach to Public Procurement

Leave a Comment / Don't miss, Public Sector Procurement, Sourcing Strategy, Supplier Management, Supplier Partnerships / By Bernie van Niekerk

Public procurement is a vital component of government operations and plays a crucial role in promoting innovation, supported in the public sector by the development of international regulations and guidelines. Procurement innovation involves the use of innovative techniques and methods in the procurement process to achieve better results and promote efficiency. Our Staff Writer provides …

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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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Procurement Price Tracker that can Monitor 4.3 Billion Prices

Leave a Comment / Category Management, Information technology, Leadership and People, Professional Development, Sourcing Strategy, Strategic Sourcing / By Monique

Procurement Tactics, a leading innovator in the procurement industry, has announced the launch of its groundbreaking Price Tracker tool, empowering procurement professionals to track prices of any web page with ease and precision. It allows you to enter any URL from the web, and the price tracker will scrape that page every 24 hours to …

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