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Post-COVID-19 cost savings in the mining and manufacturing industries

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With cost pressures likely to mount up as we recover from COVID-19, mining and manufacturing companies must find alternative methods to reduce total cost of ownership relating to product procurement and product consumption. “A product information management (PIM) system can help”, says Isak Marais, CEO, DigiTeams, which specialises in bespoke digital transformation within the mining, …

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P-cards can ‘doctor’ your headache payment areas

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  After implementing a P-card programme to replace petty cash, and if the programme is working well, clients often ask: “where do we go from here?” Anita Carolus, Nedbank Corporate Card National Sales Manager, suggests that clients investigate all their payment processes and expand their P-card programmes into their ‘headache’ processes or problem areas. This …

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E-tolling: logistics industry needs less emotion, more transformation

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Although e-tolling will affect the logistics industry in a number of ways, the spotlight is almost inevitably on the increased operational costs this will produce.   For logistics companies, however, the reality is that e-tolling could prove beneficial, says Cobus Rossouw, President of SAPICS. Less than 10% of urban traffic is for freight movement, and …

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Transport’s contribution to logistics costs reaches 9-year high

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The vulnerability of South Africa’s transport costs to a volatile cost driver – the price of crude oil – and South Africa’s entrenched dependence on road transport does not bode well for the economy, according to the 9th State of Logistics survey for South Africa 2012. The contribution of transport costs to overall logistics costs …

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Stores Optimisation – Hidden Costs of Holding Spares

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All too often companies have no idea of the value of spares in their stores. This problem lies not only with small businesses; some of the largest companies in South Africa have little idea of the value and content of their stores, as the stores stock has been built up over a number of years. …

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Tackling uncontrolled maintenance, repair and operations expenditure

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Maintenance, repair and operations (MRO) expenditure can incorporate a multitude of different commodities, depending on the organisation and industry. Normally such expenditure includes those commodities that are not direct material inputs to actual products, but are rather associated with ‘keeping organisations and machines running’. Unfortunately the category is often neglected due to its complexity, its …

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Powerful, next generation spend analysis service launched

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Purchasing Index (PI) is has announce the launch of a groundbreaking new spend analysis service, Spendtrak™, a next-generation technology that transforms spend analysis from “nice-to-have” to “must-have”. At a fraction of the cost of most older technologies, Spendtrak™ will immediately demonstrate superior value for money” Alan Low, Managing Director of PI, explained to SmartProcurement. “Spendtrak™ …

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Managed Print Services Provide a Professional Approach to Procuring Output Devices

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The domain of Output Devices (copiers, faxes, scanners and multi-purpose devices) – usually referred to as ‘office equipment’ – is often an area of much controversy as it is serviced by many different companies with often divergent agendas and sales philosophies.  When examining the advent of Managed Print Services (MPS) in South Africa, one notices …

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Courier Services Benchmarking Shows Up Rate Discrepancies

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  “Courier Services is a surprisingly complex spend category to manage as the devil (and delivery of savings!) is in the detail,” benchmarker Purchasing Index (PI) MD Alan Low, told SmartProcurement. ” We regularly benchmarks domestic courier rates across organisations from a variety of industry sectors… and Rates from courier companies vary dramatically.”  The charts …

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Outsourcing Management of Print can lead to 30% cost savings

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  “The world-wide trend in commodity spend management is to either appoint speciality managers internally, or to outsource the spend to a credible third party service provider”, Gary Davies, Managing Director of Print Outsource International (POINT), told SmartProcurement in a recent interview.  In the industry, this specialist outsourced service is neatly captioned “Print Management”.  Furthermore, …

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