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
- Bespoke supplier development event presents ‘new ideas and thinking’ | by Ahmed Patel
- CLM: Solving the challenge of visibility and access
- Thinking about TCO? Context is everything | by Dion de Gruchy
- Fleet procurement – A holistic approach
- ‘Sledgehammer approach’ not the only solution | by Dr Gerhard van Rensburg
- A community model for local content and supplier development | by Gareth Palmer
- IASTA-Bespoke partnership: Turning intelligence into wisdom | by Olwethu Bogoshi
- Towards a positive change of heart in leadership culture | by Gerhard van Rensburg
- New contributing editor for Bespoke Procurement Bulletin
- Mobile strategies for agile supply chains | by Dave Tootill
A recent article in The Economist, citing the work of Ryan Raffaelli at Harvard Business School, points to what it calls a “paradox” in the aftermath of disruptive innovation. Some old technologies, after being rendered obsolete by better and cheaper alternatives (indeed even after whole industries based on them have been decimated), manage to “re-emerge” to the point that they sustain healthy businesses. Think mechanical Swiss watches, now enjoying strong sales.(Read Full Article)
Relationship management is the primary skill missing from procurement teams, according to a survey.
More than half (60.3 per cent) of the 120 purchasing professionals surveyed by ProcureCon Europe, cited it as a skills gap in their organisation, followed by risk analysis (51.7 per cent), and supply chain analysis (39.7 per cent).
The poll emphasised the importance of building relationships in order to achieve sustainable success, not only internally with stakeholders but also externally with suppliers.
Roger Davies, group head of procurement at Marks & Spencer, told the survey that relationship management and influencing skills were core to ...(Read Full Article)
CONSTRUCTION group Murray & Roberts (M&R) believes that by 2020 it will have established its oil, gas and energy services, CEO Henry Laas said on the release of full-year results to June on Wednesday.
Group revenue of R36bn was slightly up from R34.2bn in the year to June last year. Diluted earnings per share rose 25% to 305c. A dividend of 50c per share was declared. None was declared in the comparable period.
However, the order book shrank from R46.1bn to R40.9bn.(Read Full Article)
Buyers have backed the use of charters that set out the “rules of engagement” in supplier relationships, according to a survey.
The SM Jury voted by eight to four in favour of charters, with members saying they promoted ethical behaviour and improved supplier relations.
Cristian Martin, procurement and contracts officer at the Commonwealth Secretariat, said: “It is important for suppliers to understand what standards your process is aligned to; everyone understands what everyone’s rights are. If you are not aligning to a standard, a charter would help suppliers understand your process better.”(Read Full Article)
Embracing the digital revolution is unavoidable for businesses. It has brought great advantages with it too, such as anytime, anywhere communications and the storage of vital and personal information for use in our work and personal lives. It has also provided greater flexibility in where and how we work and communicate, making things much easier for us. However,(Read Full Article)
The Veeder-Root Company has acquired FuelQuest, Inc. Located in Houston, Texas, FuelQuest is the recognized Software as a Service (SaaS) provider for retail and commercial fueling logistics applications. With over 15 years of experience in logistics software development and analytics, FuelQuest will combine with Veeder-Root's Insite360 Fuel business to provide a best in class, end-to-end solution for controlling wet stock from rack to nozzle.
The acquisition demonstrates Veeder-Root's commitment to supporting retail and commercial fueling customers' desire for increased control of their fuel purchases, deliveries, variance, flow, compliance and managed maintenance needs.(Read Full Article)
While effective supply chain risk management programmes recognise things don’t always go according to plan, they also aid businesses build a more resilient operation in response.
The risks of supply chain disruptions aren’t limited to first tier suppliers and customers. The ability to access information from every part of the trading network in real-time can help businesses identify and anticipate risks, as well as inform the range of decisions needed to mitigate them. That visibility fuels the approach behind collaborative planning and execution.
Here are three ways to improve risk management across a company and its trading partner ...(Read Full Article)
It means that the hundreds of thousands of farms that supply Nestlé with its dairy, meat, poultry and eggs will have to comply with tighter animal welfare standards. Nestlé said it is the first major food company to form an international partnership with an animal welfare NGO.(Read Full Article)
DISTELL Group has earmarked more than R500m for investments into various African countries and it will partly fund the war chest through a cost saving and supply chain efficiency programme, the liquor group said on Monday.
Meanwhile, it announced that group revenue from Africa outside South Africa grew 20% in its year to June, helping overall revenue rise 12.8% to R17.7bn.
The weaker rand and the first full contribution from Scotch whisky business Burn Stewart Distillers, bought last year, also boosted revenue.(Read Full Article)
Every year, the Manpower Group, a human resources consultancy, conducts a worldwide “Talent Shortage Survey.” Last year, 35% of 38,000 employers reported difficulty filling jobs due to lack of available talent; in the U.S., 39% of employers did. But the idea of a “skills gap” as identified in this and other surveys has been widely criticized.(Read Full Article)
The Gauteng Department of Health has suspended its Chief Financial Officer (CFO), Ndoda Biyela, pending an internal investigation, the department said on Monday.
According to the department’s communications head, Prince Hamnca, Biyela was suspended following allegations of irregularities relating to procurement processes in the department. “An investigation is underway to test the veracity of the allegations,” Hamnca said.
He said Biyela has been suspended with full pay, pending the outcome of this process.
SHAFT Sinkers is putting a deal in place to recapitalise the company after a heavy drain on its balance sheet from a legal battle and a five-month platinum strike in SA, but the deal has cost it its chairman and a nonexecutive director.
Chairman Stephen Oke resigned with immediate effect on Friday, as did nonexecutive director Roger Williams.
No reason was given in Friday’s statement outlining the financing transaction to raise up to £9.2m in an issue of convertible notes representing 78% of shares if they were all converted.(Read Full Article)
The internet has become as ubiquitous as air. You’re connected at home via Wi-Fi, then you go out and stop by a cafe to grab a quick morning coffee and check your Facebook, then you come to the office, get all serious and send business mail to your colleagues. The internet gives us great freedom. But with that freedom comes great dangers and great responsibility -- you are responsible for protecting yourself on the web.(Read Full Article)
JSE-listed construction and engineering firm Group Five has been awarded a R4bn engineering, procurement and construction contract by Ghanaian energy group Cenpower Generation.
It will design and build a 350MW gas-and oil-fired combined-cycle power plant in the Tema industrial zone in Ghana.
The deal is still subject to certain conditions and will proceed to commercial and financial closure over the coming weeks. Once this has happened, the group will receive a notice to proceed.(Read Full Article)
Procurement has a role in delivering value and smart cost reduction is about buying the products and services you need at a competitive price without exposing your business to risk or failure. If you are value driven, it goes beyond getting what is just cheaper, because cheaper in some industries could mean disaster. There’s a lot more to being a category manager than being a buyer – they need to take account of the consequences of their actions and recommendations.(Read Full Article)
EXXARO Resources, South Africa’s fourth-largest coal producer and the biggest supplier of coal to Eskom, said trading conditions during the past six months were challenging as the average price of export coal dropped more than expected.
The company, which released its results on Thursday, said export volumes for the six months ended June 2014 increased by 43% to 2.7-million tonnes compared with the year-earlier period.
"Demand in the domestic market for metallurgical, power station and steam coal, however, was lower than in the corresponding period," it said.(Read Full Article)
ESKOM, under newly appointed CEO Tshediso Matona — currently the director-general of the Department of Public Enterprises — will be more tightly controlled by the department in future.
Not only will Mr Matona want to improve on what he says was Eskom’s failure to account properly, but he will have to ensure that the utility complies with a proposed bill that the department is working on.
The Government Shareholder Management Bill, which the department hopes to submit to Parliament by the end of the fiscal year, will set the legislative framework in which all state-owned companies will have to function.(Read Full Article)
THE Cabinet decided on Wednesday to appoint Department of Public Enterprises director-general Tshediso Matona as the new CEO of Eskom.
Mr Matona will take up his new position from September 1. Eskom has been under the stewardship of acting CEO Collin Matjila since April.
In making the announcement, Public Enterprises Minister Lynne Brown said she had “absolute faith” in Mr Matona who brought with him a wealth of experience and was conversant with the challenges facing Eskom.(Read Full Article)
Public Service and Administration Minister Collins Chabane says the public sector must challenge itself to be creative and embrace innovation as a new way of doing government business more smartly.
Speaking at the Centre for Public Service Conference at the Westin Hotel in Cape Town, the Minister said this was because the public service needed to move to a space where crucial government deliverables such as education, health, provision of water and sanitation, among others, are done more effectively, efficiently and quicker.(Read Full Article)
The head buyer at Telkom has said he will be working with core suppliers in a “collegiate” way to cut costs by “as much as possible”.
Ian Russell, who has been CPO at the South African telecoms firm for six months, said in the past the company had “tactical and transactional” relationships with suppliers but he wants to treat them “more thoughtfully and carefully”.
In the last financial year Telkom spent R17 billion (£961 million) with around 2,400 suppliers, but 80 per cent of that spend was with 23 suppliers. Total revenues in the period were R32.5 billion ...(Read Full Article)
SAP has announced a seven-year plan to up-skill local African talent and drive sustainable innovation and growth in Africa.
With more than 1,300 customers across the continent, SAP is already enabling African businesses and governments of all sizes to grow, scale and globalise, as well as make the transition to a networked, technology-driven innovative economy.
As part of this commitment, SAP Africa is now taking responsibility for SAP operations across 51 African countries, including Morocco, Algeria and Tunisia and Mauritania.(Read Full Article)
World-class procurement organizations outperform their peers by striving to providing unique value beyond cost reduction, including becoming a trusted advisor to the business, driving supplier innovation, and focusing on risk management, according to new research from The Hackett Group, Inc.(Read Full Article)
According to The Hackett Group’s research, world-class procurement organizations now operate at nearly 20 percent lower cost as a percentage of spend than typical companies. They also have 27 percent fewer employees.
World-class procurement organizations now generate purchased cost savings equal to more than 9x the cost of procurement, according to The Hackett Group’s research.
I find it ironic that many organizations today look at supply chain risk from a unilateral perspective. The impact of natural disasters have repeatedly raised questions on organizations’ preparedness to tackle supply chain disruptions. Companies today look for geographical presence and spread of their key suppliers to ensure business continuity. But is that all a company should do to mitigate risk?(Read Full Article)
As companies pursue growth in an environment where operations risk is pervasive, and where supply chain risk has become a top priority, a robust risk management capability is key to designing and operating supply chains. A recent Accenture study of senior executives found that the majority believe supply chain risk management is important or very important.(Read Full Article)