Global Sourcing

Pharmaceuticals in Africa

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

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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Catastrophic supply chain disasters

Catastrophic Supply Chain Disasters made worse by laziness

Global thought leader in supply chain, change management, procurement, management and edtech, Mike Mortson, fears that supply chain leaders are becoming lazy. By this, he explains, he doesn’t mean that they are lazy in terms of getting their day-to-day tasks done, but in making the strategic improvements necessary to create more robust and resilient supply …

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How Chat GPT can improve SCM

How CHAT GPT can improve Sourcing and Supplier Management

In our first article, CHAT GPT made some bold claims regarding its ability to support and enhance procurement processes. In this short video, Bernie van Niekerk, Editor of SmartProcurement, delves deeper into Chat GPT capabilities and through a conversation with this AI, illustrates its amazing abilities to support procurement processes and professionals. https://commerce-edge.com/tools-tips/practical-examples-of-utilizing-chatgpt-in-the-procurement-process/

Procure to Pay

What P2P Will Look Like in the Future

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businesses move further into the twenty-first century, the traditional procure-to-pay process will become increasingly outdated.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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Maritime transport costs

Maritime transport costs hit developing countries hard

In a globalised economy, inflation no longer has any borders, points out Professor Mustapha El Khayat, Professor Emeritus, President of AMLOG, Université Hassan II Mohammedia, and AMLOG, France, Vice president of FAAL, as well as the author of several transport logistics publications. In this article he makes the case for the cost of maritime transport …

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glocalisation has arrived

Think global, act local – glocalisation has arrived

Global megatrends affecting supply chains was the topic that kicked off the Glocalisation-themed Smart Procurement World Indaba 2022 last month. Held at Gallagher Estate in Gauteng, the annual indaba is the largest procurement conference in South Africa, and was opened by keynote speaker and futurist, Dr Marcell Vollmer, CEO of the Prospitalia Group based in …

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VUCA - What does it mean for procurement

VUCA – what does it mean for procurement?

The acronym VUCA has been around for a while and is particularly relevant to those of us who are aiming to survive and thrive in the procurement world. Discussing this at the Smart Procurement World Indaba 2022 were panel members Deon Mocke, Chief Procurement Officer AVI Ltd; Melita Ntsane, Head of Procurement, CBRE; and Jeannine …

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ESG sustainability

What do ESG and sustainability mean for procurement?

Sustainable procurement involves incorporating Environmental, Social and Governance (ESG) principles into procurement processes and policies, Matjale Matsaung, Global Sustainable Procurement Expert & Managing Director, Sechaba Bauen, told delegates at the Smart Procurement World Indaba 2022. The aim is to ensure that business with suppliers is conducted in a manner that aligns with corporate social responsibility …

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Sustainable Procurement Pledge

Happy birthday to the Sustainable Procurement Pledge!

SmartProcurementWorld congratulates the Sustainable Procurement Pledge (SPP) on its third birthday this month, and on the substantial impact it has made on the industry in its short existence. SPP is an international bottom-up and non-profit organisation for procurement practitioners, academics and professionals, creating and growing knowledge on responsible sourcing practices and empowering people in procurement. …

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Social Procurement

First-hand Report on Social Procurement Talks at Davos

UK-based Peter Smith, Managing Director at Procurement Excellence Ltd. reports that “unfortunately, my invite to this week’s World Economic Forum from Obama, Bill, and my other billionaire / political leader friends did not materialise.” But he did get invited to tune in virtually to a panel discussion held at Davos with Yunus Social Business (YSB), …

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