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Vendor base

Vendor database optimisation: Are you doing it right?

One of the primary components of any procurement function’s strategy is, or should be, to ensure that the company has an optimised vendor base. This is aimed at achieving a more cost effective and high-quality supply chain. Most companies therefore go through a vendor rationalisation process at some stage and continually review vendor categories to […]

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Gauteng uplifting SMMEs through procurement

  Recent studies by Stats SA indicate that the face of poverty in South Africa remains black, female and that of children below the age of 17. Furthermore, more than one in every two SA citizens can be officially classified as poor, said Gauteng Finance MEC Barbara Creecy at the Smart Procurement World conference in

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Overpricing is where government’s real leakage sits, says Treasury’s Kenneth Brown

It is South Africa’s equivalent to the proverbial $640 Pentagon toilet seat — a paper binding machine that the government buys from its suppliers for the rand equivalent of almost $2,000, about 13 times what it should cost. Chief Procurement Officer Kenneth Brown cited the binding machine as an example of the massive waste that

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CPO website to make government SCM more accessible

  The Office of the Chief Procurement Officer (OCPO) has launched a website to assist government officials and personnel of state-owned enterprises to create tenders, and to provide guidance to suppliers bidding for tenders. The website forms part of the OCPO’s objective of minimising procurement-related corruption in government while, at the same time, making government’s

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Tips for supply-ready SME businesses

  For entrepreneurs who are running a small business that is ready to become a supplier to big corporates, in this month’s SmartProcurement, Tursuis Ruiters, Financial Mentor at The Hope Factory, offers useful tips that procurement professionals might want to share with ED suppliers to prepare them to be “Supply Ready”. Corporates are looking for

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A commerce network – building a bridge from both sides

  The photo alongside of the construction of iconic Sydney Harbour Bridge got James Marland, Vice President of Network Strategy for Ariba, an SAP Company, thinking. Work began on the landmark structure in 1925, and the construction work moved steadily inwards until it finally met in the middle five years later. While you won’t find

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Drivers supporting procurement from black-owned SMMEs outweigh constraints

  The on-going sustainable development of black-owned small, medium and micro enterprises (BSMMEs) is imperative to secure the future economic growth of South Africa. We have seen how past actions have limited what should be a free-market economy and left BSMMEs facing a number of challenges when it comes to getting a business off the

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SA’s enterprise potential: new book launched by Absa

  With over 12-million South Africans directly relying on them for their livelihood, enterprises play a vital role in the economy and their importance as an engine to drive economic growth, in turn leading to employment creation, must be recognised, says Sisa Ntshona, Head of Absa Enterprise Development, Business Banking Africa, in this month’s SmartProcurement.

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Bridging the expectations gap between SMEs and banks to facilitate finance

  Finding a solution to the perceived “shortage” of ready finance available to local start-ups, could involve assisting entrepreneurs to better understand the role of money in their businesses, and giving them the means to manage it appropriately. If SMEs have viable operating models in place prior to approaching finance institutions, and can clearly define

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