Invoicing & Payment,
Spend Analysis & Benchmarking,
Supplier Relationship Management,
B2B Social Media: Online Supply Communities, Open Innovation, SM B2B Marketing, SM Customer Driven Support
Industry Groups: Construction, Defence & Aerospace, Education, Financial Services, Healthcare, Manufacturing & Automotive, Public Sector, Resources, Retail & CPG/FMCG, Utilities
Categories / Commodities: Business Travel, Capital Equipment, Construction & Building, Electronic & High Tech, Fuels & Lubricants, Managed Print Services, Marketing & Advertising, Metals & Minerals, Office Suppliers, Services Procurement, Transport & Logistics
Procurement People: Careers, Leadership, People on the move, Talent Management
- How to successfully implement a procurement transformation project | by Chimae Goncalves
- Tansforming procurement - it's all about people | by Elaine Porteous
- Can stress actually be your friend? | by Sharon King
- Be More Than A Customer To Your Suppliers.
- 5 Ways to build Effective Supplier Relationships
- Information Sharing And Trust The Key To Building Valuable Supplier Relationships
- Can you put the spring back into a non-performers step? | by Sharon King
- Break the deadlock in negotiations | by Andrew C. Hillman
- Five common pitfalls in procurement negotiations | by Elaine Porteous
- Few lessons learned from horsemeat scandal | by Susie Carter
More South African organisations are starting to recognise the value that procurement transformation initiatives bring to the bottom line. Transformed procurement departments provide organisations with a competitive advantage in that the entire source-to-pay process is efficient and highly collaborative.(Read Full Article)
Transforming any procurement function usually includes documenting the “As-Is” situation and, using various tools, identifying the “To-Be” ideal. This required transformation process is more than some lightly scheduled improvements and fixes, it often requires a major overhaul of systems and processes as well as the introduction of new technologies.(Read Full Article)
For decades, certain health experts have turned stress into a public health enemy, yet new research suggests that stress may only be bad for you if you believe that to be the case. In other words, we are going back to what ancient wisdom has known for centuries, that stress is a matter of perception.(Read Full Article)
Two thirds of transport firms globally believe fares and freight charges will rise over the next five years, according to a survey. But the study, conducted by Norton Rose Fulbright, also found a growing proportion – almost a quarter, compared with 17 per cent in 2010 – expected charges to stay the same.
I have spent much time in developing countries in which the concepts of innovation and in particular innovation management are still very immature. However, it was not until today where I attended a conference – and a hands-on workshop on developing new businesses – that I realized I need to pay even more attention to the different levels of innovation height and ambitions in different markets.
The more mature the market is, the more advanced you can be in your innovation thinking.(Read Full Article)
Zambian Government is implementing various strategies to ensure Micro Small and Medium Enterprises (MSMEs) progressively migrate to large-scale enterprises, President Michael Sata has said. Mr Sata said on his Facebook wall yesterday that some of the initiatives to help the migration of MSMEs were the full implementation of preferential procurement as provided under the Citizens’ Economic Empowerment Act, linking the MSMEs to the export market.(Read Full Article)
It’s accepted wisdom that to pay suppliers promptly, that is on time according to agreed terms, is fair. It astonishes me when businesses – and it seems that big businesses are the worse culprits – deliberately fail to pay on time and seem to think that this is a legitimate business practice. But it is equally astonishing to see small businesses failing to help themselves when their customers pay late.(Read Full Article)
Are managers particularly concerned about the impacts of climate change on their businesses? If we believe the results of a recent MIT Sloan and BCG survey, the answer is no. But it may not be that dire.
First the sobering survey results: Only 27% of respondents agreed strongly that climate change is a risk to their business — which is frightening when you think about what that says about companies’ level of readiness for the significant changes that are upon us already (extreme weather, disruptions to operations and supply chains, and the changing expectations of customers and employees). Additionally, only 11 ...(Read Full Article)
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)
JOHANNESBURG (miningweekly.com) – At present, countries are so focused on the immediate challenges of energy security and energy access that the environmental impact associated with addressing these challenges is mostly ignored, Mac Consulting principal consultant Dave Collins said on Tuesday.(Read Full Article)
The government’s infrastructure programme is helping combat the effects of the recession and sparking new investment deals, says Economic Development Minister Ebrahim Patel.
He told an infrastructure cluster media briefing that a combination of investment, particularly in energy, transport and logistics, had lifted the investment rate to 19.2% of the gross domestic product (GDP) in the fourth quarter of 2013, compared with 18.9% a year earlier. It had also helped to create jobs.(Read Full Article)
The most common barrier between sole traders or small businesses, and a procurement service which yields them work, is time. Many small firms simply don’t have enough hours in the day to complete questionnaires while simultaneously developing their business and working on tenders.(Read Full Article)
[This Day]The President-General of Association of Market Women and Men in Nigeria and All Progressives Congress (APC) National Leader, Asiwaju Bola Tinubu's daughter, Mrs. Folashade Tinubu-Ojo, at the weekend denied demanding a bribe of N20 million from a set of traders in the state.(Read Full Article)
Manufacturers across Europe and Asia changed down a gear last month.|||
London/Beijing - Manufacturers across Europe and Asia changed down a gear last month as falling demand from abroad hurt Chinese output and European factory growth dipped from January's 2-1/2 year high.
But while the surveys across Asia were more downbeat, data from the euro zone showed output rose in all of the bloc's four biggest economies for the first time in almost three years.(Read Full Article)
With the cost of capital low and corporate bank accounts flush, there may be more mergers this year, say some economists. Procurement will play a big role in these mergers, so it’s good to see what’s involved and how procurement has handled other mergers.(Read Full Article)
The South African finance minister has said public sector procurement should support local industry and black economic development in his budget speech. Pravin Gordhan told parliament a database of local products and black-owned businesses was required to enable the government to support them.(Read Full Article)
Freight and logistics service provider Grindrod had a R10-billion project pipeline planned for sub-Saharan Africa, said Grindrod CEO Alan Olivier on Thursday. He told Engineering News Online that the capital expenditure for some of these projects had already been approved by the Grindrod board – R1.6-billion from 2014 to 2016.
The remaining projects were in various stages of development, and, for example, had either already been costed, or were awaiting regulatory approval or commitment from customers, said Olivier.
All the projects were aimed at creating new or replacement infrastructure in sub-Saharan Africa, allowing Grindrod to better service trade flows on ...(Read Full Article)
There are many skills required to bring about a consistent change in a function, but there are some qualities that leaders share.
In the latest article for our series The Financial CPO, BravoSolution’s Mickey North Rizza notes that reactive thinking is commonplace, but overcoming that and becoming strategic requires a change of mindset.
She writes: "To start this process, procurement must gain a solid understanding of the function’s performance to date, including self-assessment, and more importantly getting honest feedback from key internal and external stakeholders.
State-owned enterprises (SOEs) will account for R404.5 billion of public capital expenditure in the next three fiscal years. Expenditure on public sector infrastructure as a whole is projected to reach R847.3bn in the years to 2016/17. In the past five years, it amounted to R1 trillion.
Capital expenditure by major SOEs will account for R381.9bn of the parastatals’ share in the infrastructure bill, with Transnet, Eskom and the SA National Roads Agency accounting for 90 percent of this amount. Transnet’s capital expenditure will overtake Eskom’s for the first time by 2016/17 as the ...(Read Full Article)
Progress has been made by the Chief Procurement Office, Finance Minister Pravin Gordhan said on Wednesday.
Imperial Holdings, owner of South Africa’s biggest car dealership network, said first-half profit increased 10 percent as sales and operating margin at its logistics unit rose.
Net income for the six months through December gained to 1.73 billion rand, compared with 1.58 billion rand a year ago, the Johannesburg-based company said in a statement today. Sales grew 13 percent to 51.36 billion rand.
Imperial said operating margin at its logistics division rose to 5.3 percent from 4.5 percent in the same period in 2012.(Read Full Article)
President Jacob Zuma has signed a proclamation authorising the Special Investigating Unit (SIU) to investigate a multi-million rand tender, which the Department of Communications awarded to Media Corner.
The proclamation authorises the SIU to investigate the validity of the department awarding the tender to Media Corner to render services in respect of a public awareness campaign, relating to the broadcasting digital migration process project.(Read Full Article)
South Africa’s automotive industry has no chance of achieving the target it agreed with the government of 1 million new car sales and 1.2 million units of production a year by 2020, according to auditing and consulting firm PwC.
Rick Hanna, the PwC global automotive leader, said yesterday that the motor industry faced a number of challenges in achieving the sales target, including the unemployment rate, the weak currency and consumer confidence.
Hanna said PwC forecast about 790 000 light vehicle sales in South Africa by 2020, which was 200 000 short of this target.