1. Recent Articles

    1. Say Hello to the Selfie Supply Chain

      Explore Supply Chain Nation (Oct 23 2014)

      Say Hello to the Selfie Supply Chain

      Twenty years ago, Joseph Pine published a book titled “Mass Customization.” This was followed by a Harvard Business Review article, similar McKinsey articles, and various related movements, including agile manufacturing, which was promoted and promulgated by such individuals as Rick Dove and institutions such as the Iacocca Institute at Lehigh University. This movement was focused around manufacturing; the thesis was that the days of mass production were over and that the new world would operate with lot sizes of one while at the same time achieving the leverage advantages of mass production.

      (Read Full Article)

      Comment Mentions:   Apple

    2. New Presidential BEE Advisory Council appointed

      Explore SA News (Oct 23 2014)

      Pretoria – President Jacob Zuma has appointed new members of the Presidential Black Economic Empowerment (BEE) Advisory Council.

      (Read Full Article)

      Comment Mentions:   Africa   South Africa   Jacob Zuma

    3. Govt to table procurement review in November

      Explore Polity.org.za (Oct 22 2014)

      Govt to table procurement review in November

      Government’s plans for reining in the country’s public procurement would be outlined in the Public Procurement Review, which will be published next month.

      Finance Minister Nhlanhla Nene told Parliament on Wednesday that the document would “clearly” outline the reforms to be implemented within the next five years.

      This emerged as the 2014 Medium-Term Budget Policy Statement (MTBPS) revealed that government’s modernisation of its procurement systems had gained traction with the pilot expected to start at selected provinces and large national departments within the next few months.

      The design of a national price-referencing mechanism had also been completed ...

      (Read Full Article)

      Comment

    4. Government proposes new framework for state-owned companies

      Explore SA News (Oct 22 2014)

      Government has proposed a new framework for funding state-owned companies, which will include closer monitoring of such entities.

      In the Medium Term Budget Policy Statement (MTBPS) tabled in Parliament on Wednesday, National Treasury has said that state-owned companies and public entities play important roles in realising government’s economic and social mandate.

      These entities need to be financially sound and operationally effective, contributing to development without draining the fiscus.

      “Government is proposing a new framework for funding state-owned companies that will distinguish purely commercial activities from the costs of exercising their developmental mandate,” said National Treasury in the MTBPS.

      (Read Full Article)

      Comment Mentions:   Eskom   National Treasury   Cape Town

    5. Money-laundering: too important to leave to the experts alone

      Explore space for transparency (Oct 21 2014)

      Money-laundering: too important to leave to the experts alone

      Starting tomorrow a group of government officials and experts belonging to the world’s leading anti-money laundering organisation – the Financial Action Task Force (FATF) – will be meeting in Paris. On the agenda is the adoption of a document on an issue that has major implications for the fight against crime, corruption and tax evasion around the world.

      It’s a shame nobody outside of this small circle of experts from governments and international organisations has had a chance to see the document before it comes out.

      According to the FATF website, at its upcoming plenary meeting the organisation will adopt ...

      (Read Full Article)

      Comment Mentions:   Paris

    6. DA: Dr Dion George says cut wasteful expenditure, not the budget

      Explore Polity.org.za (Oct 21 2014)

      DA: Dr Dion George says cut wasteful expenditure, not the budget

      The South African economy is stuck in first gear. Slow economic growth, high levels of unemployment and high inflation is likely to continue for some time.

      With South Africa facing such difficult economic circumstances, it is expected that in his Medium Term Budget Policy Statement on Wednesday, the Minister of Finance, Nhlanhla Nene, is going to face significantly reduced revenue in his budget. There is therefore every possibility of cuts to the budget, or a dramatically increased budget deficit.

      We would never have been in our current fiscal situation if government was able to curb wasteful expenditure. The SIU estimates ...

      (Read Full Article)

      Comment Mentions:   IMF   Japan   South Africa

    7. Is Supplier Diversity A Problem Of Data, Policy Or Culture?

      Explore Procurement Leaders Network (Oct 21 2014)

      Is Supplier Diversity A Problem Of Data, Policy Or Culture?

      Though there’s long been plenty of reasons to be sceptical, it’s increasingly reasonable to suggest that supplier diversity is a rising influence in the procurement decision-making process. It used to be asked: ‘Isn’t that a US concern?’, but judging by the caliber and sincerity with which top procurement professionals discussed the topic at last week’s MSDUK Conference in London, that’s gradually becoming a redundant question.

       But the lessons here aren’t just for the UK, where some of these conversations are happening now, they apply to the larger ethos of procurement and how businesses go ...

      (Read Full Article)

      Comment Mentions:   London

    8. PetroSA posts R1.65bn net loss

      Explore fin24.com (Oct 21 2014)

      PetroSA posts R1.65bn net loss

      PetroSA recorded an overall net loss of R1.65bn in the 2013/14 financial year, the company said on Tuesday.

      While the company made an operating profit of R2.2bn, this was against the R3.4bn impairment charge against PetroSA's onshore and offshore assets, spokesperson Thabo Mabaso said in a statement.

      "This is the result of a volatile economic environment, creep in project costs and delays in the feedstock drilling programme (Project Ikhwezi)."  Impairment is the reduction in a company's stated capital.

      Nosizwe Nokwe-Macamo, PetroSA group CEO, said the company had a trying year with the main focus ...

      (Read Full Article)

      Comment Mentions:   Johannesburg   Post Office   Thabo Mabaso

  2. Recent Articles for Social Media in Supply

    1. 5 Essential Tips For Staying Safe Online

      Explore Technology News and Analysis (Oct 17 2014)

      5 Essential Tips For Staying Safe Online

      The security of the internet is an on-going concern. Whether you're online for fun, or you're conducting business, there are all manner of pitfalls you may encounter. Issues such as viruses and malware are now widely known about, but these are far from being the only security issues to concern yourself with.

      (Read Full Article)

      Comment

    2. MarketSqr Supply Community ready to blow you away

      Explore MarketSqr (Oct 1 2014)

      MarketSqr Supply Community ready to blow you away

      In a world where technology rules, simplicity is key. The easier it is to use a piece of technology, the more it will be used.

      We have been working hard to make MarketSqr easier to use and we are really excited to start sharing this information with you.  We will share more detail in the coming days leading to our upgrade next week. 

      The imminent big change to our site also comes with a fresh new look. No more content pages that redirect and confuse you. We hope to bring you a clean cut website that makes navigation and interaction ...

      (Read Full Article)

      Comment Mentions:   MarketSqr

    3. What has WhatsApp's sale told us about stakeholders?

      Explore supplymanagement.com (Mar 10 2014)

      What has WhatsApp's sale told us about stakeholders?

      Facebook’s acquisition of WhatsApp for a reported $19 billion (£11.3 billion) shows how procurement can get involved in high-risk high value projects, such as IT systems and major capital expenditure. Here are three points to inform your thinking: • Cost, price and value. The acquisition price of $19 billion has very little to do with cost because WhatsApp employs about 55 people and charges 69p in the UK for an annual service – it’s free for the first year.

      (Read Full Article)

      Comment

    4. Established Companies, Get Ready for the Collaborative Economy

      Explore HBR Blog Network (Mar 4 2014)

      Established Companies, Get Ready for the Collaborative Economy

      As more and more startups like Airbnb, Etsy and Kickstarter crowd into the space of the collaborative economy, big brands are starting to get in on the action, too.  Staples sells products developed on Quirky; Avis has acquired Zipcar; Walgreens has partnered with TaskRabbit for delivery.

      (Read Full Article)

      Comment Mentions:   Canada

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