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, Supply Chain Management, Transport & Logistics
Procurement People: Careers, Leadership, People on the move, Talent Management
- Women entrepreneurs: networks and diversity matter | by Kate Ferreira
- Are your key suppliers managing you? | by Elaine Porteous
- The roots of our effective and ineffective behaviours | by Dr Gerhard van Rensburg
- Is category management delivering sustainable savings? | by Mark Webb
- Procurement’s night of celebration | by Kate Ferreira
- Skip these tender traps | by Kate Ferreira
- 7 scary moments when building e-sourcing projects | by IASTA blog
- Can we have more understanding workplaces? | by Dr Gerhard van Rensburg
- Getting fired as a customer
- New ideas for improving contract management | by Wessel Pieters
Taking the long view on environmental sustainability can seem somewhat remote from the day job of most people working on the front lines of procurement and supply chain. However, embedding this thinking into business strategy and management has never been more important to improving resilience and competitive advantage. Labour productivity and cost has improved over the past decades thanks to ICT, mechanisation and moving production to low-cost countries.(Read Full Article)
The poll of 330 purchasers of the technology by research organisation Gartner found 60 per cent said high acquisition costs had delayed their adoption of the technology “While the technology is already in use across a wide range of manufacturing verticals from medical to aerospace, costs remain the primary concern for buyers," said Pete Basiliere, research director at Gartner.(Read Full Article)
The world of complex spend management can often frustrate the typical procurement executive, as each category that encompasses this area has its own distinct set of capabilities, competencies, solutions, and yes, even performance metrics.
Events management is an arena that has evolved tremendously over the past few years, with organizations treating corporate events (in all of its forms, such an incentive, customer / client, revenue-generating, etc.) more as “engagements” than one-shot live meetings(Read Full Article)
There’s a right way and a wrong way to do everything. Bullying suppliers into slashing their prices, as alleged in this report last week, is the wrong way to control costs. While the report concerns a UK company in the retailing industry, the practice of bullying is in no way restricted to that industry or country. US automotive manufacturers were notorious in the past for their hardball tactics with suppliers, though today they see the value of collaboration. Some miners in North America were bringing heavy pressure on suppliers to slash prices last summer.(Read Full Article)
Financial problems at Eskom have pushed the government to look into selling stakes in state companies to free up funds to update the utility and ease power blackouts.
President Jacob Zuma's ANC has long been reluctant to sell company stakes to ease the strain on the budget, for fear of upsetting powerful labour union allies who say this would cause job losses.
But state-owned Eskom urgently needs 250 billion rand to upgrade its infrastructure and this has left the ANC, managing a national debt of 50 percent of GDP, with little choice but to rethink the state ownership model ...(Read Full Article)
South Africa has suffered its worst power shortages in six years this month due to creaking power plants and emergency maintenance. Eskom is facing a $20-billion funding shortfall over the next four years, forcing the government to consider selling state assets to bail out the utility.
The government announced on Thursday that it would launch a private sector-led coal-fired power plant programme by January 2015, which should add 2 500 MW of generation capacity to the grid.(Read Full Article)
The government’s substantial infrastructure programme outlined in the National Development Plan is expected to drive demand for steel over the next decade, says Department of Trade and Industry Deputy Minister Mzwandile Masina. He told over 250 delegates to the Organisation for Economic Cooperation and Development (OECD)/South Africa Workshop on Steelmaking Raw Materials, in Cape Town, that he expected steel demand, both upstream and downstream, to grow between 6% and 10% a over the next decade.(Read Full Article)
The Department of Mineral Resources would like to warn members of the public against an organised syndicate (s) scamming unsuspecting members of the public and claiming to act on behalf of the department.
One of the ways in which the syndicate operates is by requesting quotations for various goods and services from potential service providers, locally and abroad.(Read Full Article)
At the end of November, the local chapter of WEConnect – a global voluntary organisation of women-owned enterprises – held an event to celebrate their first full year of presence in SA, and the guests of honour where budding women business owners.(Read Full Article)
If you feel that one of your key suppliers has put you on the back burner, he probably has. We depend on our suppliers to stay in business and we need to manage those relationships that really matter, and actively. We usually categorise key suppliers in leading organisations and assess them according to various criteria: how much we spend with them and how critical it would be if they failed.
Working within a a business function that, to the outside is not really that interesting makes it very hard when it comes to securing budget or priority over other competing departments. Purchase to pay is about the least glamorous and least understood back office function that I can think of and so it’s a constant challenge to position P2P as a priority but there’s one tip I’d like to share that I’ve used to get attention and secure budget.(Read Full Article)
You can get far in life if you are efficient. To be efficient is to be well-organised and competent. Other words we use to describe efficiency are “methodical”, “systematic”, “structured”, “well planned”, “logical”, “coherent”, “orderly”, “businesslike” and “productive”. If you demonstrate these types of qualities you are likely to be in high demand in your workplace and you could be promoted to higher positions. You will be the “go-to person” to get things done.
A study of 430 companies conducted by the Italian sustainable procurement organisation Acquisti & Sostenibilità found two thirds of firms define the factors of sustainability across the supply chain. According to the Sustainable Supply Chain Review 2014 , which analysed sustainability reports from businesses in 40 countries worldwide between January and August 2014, 44 per cent of companies provided training for staff in supply chain sustainability.(Read Full Article)
Given that the vast majority of apps will be created by third party suppliers, it’s the procurement team, rather than IT or marketing, that should be asking a number of key questions before any development starts:
Whose I.P?(Read Full Article)
All companies must now take steps to protect themselves online and ensure their supply chain doesn't expose them to cyber-criminals. A recent PwC report found that 81 per cent of large organisations and 60 per cent of small businesses had been the victim of a security breach in the past year. Another troubling finding was that the overall cost of a data breach had increased dramatically since 2013. Security breaches can have an adverse effect on cash flow, profitability and reputation.(Read Full Article)
Lower fuel prices are compounding the longest commodity slump in a generation. Because energy accounts for as much as half the cost to produce food and metals, all sorts of commodities will keep dropping, according to Société Générale (SocGen) and Citigroup.(Read Full Article)
ANGLO American plans to cut its global workforce by 60,000 people to 102,000 by 2017, with restructuring across its range of businesses and commodities as it seeks to drive up profits in a tough global market.
Anglo will know by the end of March next year whether it will list or sell its Rustenburg and Union platinum mines as it focuses on low-cost, high-margin, mechanised assets, removing about 20,000 employees from its books at a stroke.(Read Full Article)
We introduce the idea that there are four primary “pillars” that mark the foundation of the modern strategic sourcing program – spend analysis, sourcing, contract management, and supplier performance management. All four are critical sub-processes of strategic sourcing that, when automated, can elev.ate a sourcing team’s performance and that, when connected, can transform an entire operation(Read Full Article)
A great deal of focus and writing on procurement has been on the relatively simple context of a large and powerful buying organisation, procuring an uncomplicated product or service from an acquiescent supplier. However, things are not as simple as that and real-life procurement is a far more complex issue.(Read Full Article)
SMA Solar Technology South Africa, the market leader for solar inverters will be officially launching their multimillion rand manufacturing facility in Cape Town on Friday, 12 December.
The facility includes a production line and quality test centre for Sunny Central inverters, warehousing as well as the African branch of the renowned SMA Solar Academy training centre.(Read Full Article)
Besides tenders for cruise terminals at the Cape Town and Durban harbours, Transnet National Ports Authority (TNPA) plans to release a series of request for proposals (RFPs) in the coming months for terminal prospects at a number of the country’s commercial ports.(Read Full Article)
There has been some interesting commentary lately in the business press about the desirability of risk insurance for companies as a protection against losses from a variety of hazards. For example, CFO Magazine recently touted the value of risk insurance. Other business-advisory sources mention buying insurance too as one of several risk-management strategies. Getting a risk-insurance policy is an interesting idea, but it occurs to me that firms already have a form of risk insurance: procurement.(Read Full Article)
Acquisition of Dangote Flour Mills hits group’s earnings, heightening ‘desire to make sure we don’t drop catches’, says CEO Peter Matlare.
Mr Matlare concedes that Tiger got it wrong when it came to assessing the competition in Nigeria as well as the country’s "commercial architecture" — or ways of doing business.(Read Full Article)
This week, the Organisation for Economic Cooperation and Development (OECD) published a ground-breaking report that dissects the massive and mostly hidden phenomenon of transnational corruption. Looking at more than 400 bribery cases across 41 countries that amounted to US$13.8 million per bribe, the report gives a glimpse inside the shadowy world of corrupt practices by […](Read Full Article)