Many companies are looking at ways to implement AI solutions into their core business, but how many are looking into ways to maximise the power of AI for their travel programme. Wings Global Travel is leading in many of the fields of AI and will be introducing AI tools in 2024. To help companies understand […]
The Transformative Power of AI in Corporate Travel Procurement Read More »
Congested ports and serious shortages during the Covid-19 pandemic and subsequent lockdowns might be a distant memory in many of the world’s trading hubs, but in South Africa, it is looming over many industries post-festive season and beyond. In this piece, Broll Property Group (Pty) Ltd.’s Risk Management Director, Jason Griessel unpacks to SmartProcurement, the
Interrupted Supply Chain Infrastructure: Global Supply Risk or Opportunity? Read More »
In South Africa, the efficient functioning of ports is crucial for the export of fruits, a vital sector for the economy. Recently, Transnet Port Terminals (TPT) provided an update on the status of port equipment, shedding light on the challenges faced and the strategies being pursued for recovery. Additionally, insights from the Fresh Produce Exporters
Navigating Port Challenges: The Path Forward for South Africa’s Port Infrastructure Read More »
In an ever-evolving global landscape, 2024 is expected to pose unique challenges and opportunities for the logistics industry. According to the World Economic Forum’s Global Risks Report 20241, we are witnessing the emergence of a dual crisis of climate and conflict. Our increasingly fractured world must contend with an unstable global order, more extreme weather
A Comprehensive Guide to Overcoming Supply Chain Risks in 2024 Read More »
The IPPO has announced the extension of the submission deadline for Bid Window Seven (BW7) of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) to May 30th. This extension allows for the inclusion of grid-connection quotes and a curtailment addendum recently published by Eskom, SmartProcurement heard from Engineering News. In accordance with feedback received
Dr Faith Mashele, Faculty Member at GIBS Business School in Johannesburg, South Africa, elucidates the transition from the conventional emphasis on cost reduction in Procurement to recognising the significance of interpersonal connections and narratives in the professional sphere. As she informs SmartProcurement, this shift is articulated via her individual odyssey, transitioning from corporate positions as
Transforming Procurement and Business through Storytelling Read More »
Within the dynamic landscape of commerce, procurement assumes a pivotal role, serving as the catalyst which propels supply chain efficacy and economical operations. MJ Bronkhorst, Managing Director of Oxalys South Africa, outlines how procurement encapsulates the methodologies of sourcing, acquisition, and administration of indispensable goods and services crucial for organisational functionalities. Nonetheless, embedded within this
An Analysis of Key Procurement Best Practices Read More »
Effective procurement procedures like strategic sourcing and category management are crucial for businesses, vice chair of CIPS Dubai and vice president of Chartered Buying in the UAE, Faiq Ali Khan, tells SmartProcurement, especially in cases where businesses aim to maximise their resources and maintain a competitive edge in the complex arena of business today. If
Difference Between Strategic Sourcing and Category Management Read More »
Instances of ship assaults in the Red Sea have significantly impeded global maritime transportation, resulting in a 40% decline in trade flow through the Suez Canal. Dr Subhash Makhija, Chief Executive Officer and Co-Founder of GEP, in New Jersey, USA, tells SmartProcurement that enterprises on a global scale are compelled to adjust their tactics, encompassing
Navigating The Red Sea Crisis: What You Should Be Doing Read More »
Companies are confident that the worst of two key disruptors of recent times, the pandemic and the energy crisis, are behind them. However, business interruption remains a key concern as firms are challenged to build resilience and diversify supply chains in a rapidly changing world. Business interruption (BI) ranks second in the Allianz Risk Barometer, behind the closely linked peril of cyber. It
Business interruption (incl. supply chain disruption) Read More »
