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    1. The Compliance Management Checklist, Part I

      Explore cporising.com (Jul 29 2014)

      Welcome to the first article in a five-part series that will focus on how procurement, finance, and other professionals effectively build a “compliance management” checklist that addresses multiple avenues of spend management and the compliance ramifications behind strategic spend categories. The first four articles will highlight the dozen items that should be included in an [...]

      (Read Full Article)

    2. Numsa agrees to wage deal to end four-week strike

      Explore BDlive (Jul 28 2014)

      Numsa agrees to wage deal to end four-week strike

      THE National Union of Metalworkers of SA (Numsa) said on Monday that its members had unanimously accepted a wage settlement offer in the metals and engineering sectors, ending a four-week strike that has crippled some manufacturers.

      Some 220,000 Numsa members who have been on strike since July 1 will begin to return to work on Tuesday, after agreeing to a three-year wage deal giving its lowest-paid members increases of up to 10%.

      Speaking at a briefing at the union’s headquarters in downtown Johannesburg on Monday, Numsa general-secretary Irvin Jim said the union had also agreed with employers on ...

      (Read Full Article)

      Mentions:   Reuters   South Africa

    3. Exxaro to buy Total Coal South Africa

      Explore BDlive (Jul 28 2014)

      Exxaro to buy Total Coal South Africa

      EXXARO Resources, South Africa’s fourth-biggest coal producer and the biggest supplier of coal to Eskom, has agreed to buy Total Coal South Africa, South Africa’s fifth-largest coal producer and the owner of two main operating complexes near Witbank for a total of $472m, it said on Monday.

      The deal would be funded from Exxaro’s existing corporate debt facilities, it said. Exxaro’s shares gained 1.4% to R143.19 immediately after the announcement.

      (Read Full Article)

      Mentions:   South Africa   Eskom

    4. Johnson Controls appoints Michael Bartschat as its first CPO to develop 'world-class global procurement function'

      Explore supplymanagement.com (Jul 28 2014)

      Industrial firm Johnson Controls has appointed Michael Bartschat as its first chief procurement officer.

      The company said Bartschat will “optimise cost and value” of purchased materials, products and services. There will also be a focus on supporting the company's ongoing transformation to a "true multi-industrial through operational and manufacturing excellence across its business units”.

      (Read Full Article)

    5. Former Boeing Procurement Officer Pleads Guilty to Fraud

      Explore cporising.com (Jul 28 2014)

      Ten days ago, former Boeing procurement officer, Deon Anderson, 47 of St. Louis, MO, pled guilty to three counts of federal procurement fraud, including taking bribes in exchange for competitive information and setting a pricing scheme for that information. Between November 2009 and February 2013, Anderson conspired with William Boozer, 59, owner of Globe Dynamics International, which produces machine parts and complex components for aircraft, to sell confidential information about competitors’ bids on purchasing contracts from Boeing. The two used a coding system via phone calls and emails to set prices for competitive information. Boozer used that information to win ...

      (Read Full Article)

      Mentions:   IBM   Washington   Boeing

    6. Millennials to shake-up procurement

      Explore Procurement Leaders Network (Jul 28 2014)

      Talent management continues to be a major priority and challenge for procurement. Virtually every company is exploring ways to recruit and train staff. An interesting description of one superb effort -that at ABB - provides suggestions others may well look to adopt.

       The effort at recruitment may be getting stronger. A recent report says that 63% of procurement and supply chain employers surveyed will increase hiring this year, and that, indeed, junior staff are in demand. No definition of "junior," but presumably they are very young. And that raises a point worth considering.

      (Read Full Article)

      Mentions:   Tim Minahan

    7. SA, Angola boost trade ties

      Explore SA News (Jul 27 2014)

      South African businesses have been called on to take advantage of opportunities in Angola.

      A South African business delegation is in Angola at the Feira Internacional de Angola (FILDA) trade exhibition in Luanda.

      “Energy, water, construction materials, telecommunications, chemicals, mining and distribution are all projects where foreign investment is needed,” said Joao Rocha of Termat Comecio Geral, a company that is on a mission to attract and promote South African goods and services in Angola.

      Rocha was addressing the South African business delegation at FILDA on Sunday. The delegation of 27 representatives is participating in FILDA with the assistance of ...

      (Read Full Article)

      Mentions:   Brazil   China   Angola

    8. Anglo to refocus on assets that offer best value

      Explore BDlive (Jul 25 2014)

      Anglo to refocus on assets that offer best value

      ANGLO American’s underlying operating profit for the interim period fell 10% to $2.9bn and the group’s net debt deepened to $11.5bn, forcing the company to hold its dividend steady.

      Anglo would sell a number of unspecified assets, CEO Mark Cutifani said on Friday in a statement accompanying the results to end-June. The results showed a swathe of the company’s divisions posting operating losses, with the notable exception of diamonds where Anglo holds an 85% stake in De Beers.

      (Read Full Article)

      Mentions:   Australia   Brazil

    9. Gauteng to pilot ‘transparent, open’ tender bidding model

      Explore Engineering News (Jul 24 2014)

      Gauteng to pilot ‘transparent, open’ tender bidding model

      In support of Gauteng Premier David Makhura’s vision of a “radical transformation” of the provincial public sector, Gauteng MEC for Finance Barbara Creecy announced on Thursday that Provincial Treasury and the provincial Department of Transport (DoT) have agreed to pilot an open, transparent tender application process in the current financial year.

      (Read Full Article)

      Mentions:   Johannesburg

    10. Mining project studies on the up

      Explore MiningWeekly.com (Jul 24 2014)

      The awarding of studies for potential mining projects is on the increase, says DRA CEO Paul Thomson, who spoke to Mining Weekly Online on the eve of his company’s thirtieth anniversary celebrations.

      The head of the 3 000-employee project house, which began in Johannesburg in 1984 in tough economic conditions not dissimilar to those prevailing now, says that DRA is currently in a recruitment phase to meet the increasing tempo of demand for its engineering and project management services.

      (Read Full Article)

      Mentions:   Australia   Africa   Canada

    11. Davies pushes for more local procurement

      Explore Engineering News (Jul 23 2014)

      Davies pushes for more local procurement

      Trade and Industry Minister Dr Rob Davies has assured that the Department of Trade and Industry (DTI) would be “playing its part” in ensuring that government procured 75% of its goods and services from local companies, announcing on Tuesday the next designation of products for government procurement. These included steel, conveyance pipes, transformers, building and construction materials and rail signalling and components.

      (Read Full Article)

      Mentions:   Asian   India   Brazil

    12. Top tips on procuring hotel accommodation

      Explore supplymanagement.com (Jul 23 2014)

      This is the perfect time of year to review sourcing strategies and remember what an important role they play when procuring hotel accommodation. The hotel market is fragmented and highly complex which means that many companies often lack the necessary analysis tools and benchmark information needed to obtain and negotiate an efficient hotel programme.

      (Read Full Article)

    13. Palladium poised for record annual high

      Explore BDlive (Jul 22 2014)

      Palladium poised for record annual high

      Palladium will reach its highest yearly price on record this year and could top that in 2015 as the expectation for lower South African output combines with a recovery in demand and doubts over Russian supply, a Reuters poll showed.

      Palladium, which has averaged $777/oz in the first half, is expected to average $805.50/oz in the full year, up more than 10% from 2013 and its highest since Reuters data began in 1984, a survey of 31 analysts and traders showed.

      (Read Full Article)

      Mentions:   Reuters   London   Russia

    14. Top 20 Supply Chain Management Software Suppliers

      Explore Supply Chain Management Review (Jul 22 2014)

      The market for supply chain management (SCM) software, maintenance and services posted another year of solid growth, generating $8.944 billion in 2013, including applications for procurement software. That represented a nearly 7.4% increase over 2012 revenues, according to Chad Eschinger, vice president of supply chain with research firm Gartner (gartner.com).

      (Read Full Article)

    15. How Do Leading Procurement Professionals Allocate Their Time?

      Explore Procurement Leaders Network (Jul 22 2014)

      How Do Leading Procurement Professionals Allocate Their Time?

      Alongside our usual analysis on key category and organisational plans, we are taking a concerted look at the time management of CPOs. Recent interviews with CPOs reveals, if you read between the lines, that there are many different approaches and concerns that pull CPOs in different directions, but also that, like most of us, procurement executives and managers would be more effective if they could focus their resources on key activities.

      We have seen from other surveys, most noticeably from McKinsey, how CEOs spend their time. Generally, it seems, their responsibilities are divided between many disparate activities, from strategy-setting, to ...

      (Read Full Article)

    16. Minister hints at legislation review for small business

      Explore SA News (Jul 21 2014)

      Small Business Development Minister Lindiwe Zulu has hinted at reviewing legislation and regulations that make it difficult for small businesses to survive.

      The minister says her department will, over the next few months, put a microscope over these regulations to see how they can be improved.

      She said this when she briefed journalists in Pretoria ahead of delivering her department’s budget vote tomorrow.

      “We will do this in consultation with all stakeholders. We will focus on creating an enabling environment for small business to grow and thrive,” she said.

      (Read Full Article)

      Mentions:   South Africa   Cape Town   Jacob Zuma

    17. The Age of Socially-Sourced Talent in CWM

      Explore cporising.com (Jul 21 2014)

      We all may be sick of hearing the phrases “the war on talent” or “the talent wars,” however, the very truth of contemporary contingent workforce management (CWM) dictates that talent is a primary focus for achieving core business objectives through temporary labor.

      It’s no great secret that the CWM industry has been evolving for quite some time; a space that was once an afterthought before the economic downturn of last decade has now become a vital component of the average enterprise. In fact, Ardent’s latest research has discovered that this industry will grow by nearly 30% over the ...

      (Read Full Article)

    18. Striking South African metalworkers lower their wage demand – union

      Explore Polity.org.za (Jul 21 2014)

      Striking South African metalworkers lower their wage demand – union

      Labour unions representing striking South African metalworkers have submitted a lower wage demand to employers, two union representatives said on Sunday, to try to end the walkout battering Africa's most developed economy.

      More than 200 000 metal and engineering workers downed tools at the start of the month demanding wage increases of between 12% to 15% and disrupting the supply of auto components and construction work at two crucial power stations.

      (Read Full Article)

      Mentions:   Reuters   Africa   South Africa

    19. Govt considers legislation to incentivise municipalities – Gordhan

      Explore Polity.org.za (Jul 18 2014)

      Govt considers legislation to incentivise municipalities – Gordhan

      The Department of Cooperative Governance and Traditional Affairs (CoGTA) is considering introducing legislation to incentivise positive behaviour among municipalities, Cooperative Governance and Traditional Affairs Minister Pravin Gordhan said on Thursday.

      Such positive behaviour would include ensuring a minimum maintenance allocation of 7%, undertaking reviews of implementation capabilities and implementing ten-year infrastructure plans on a regional basis, he pointed out during his 2014/15 Budget Vote to Parliament.

      (Read Full Article)

      Mentions:   Parliament   Pravin Gordhan   National Treasury

    20. CPO Rising 2014: Convergence – Top Challenges in 2014

      Explore cporising.com (Jul 18 2014)

      CPO Rising 2014: Convergence – Top Challenges in 2014

      The report presents a comprehensive, industry-wide view into what is happening in the world of procurement and captures the experience, performance, perspective, and intentions of 273 Chief Procurement Officers and other procurement executives. As we do every year, we interview many Chief Procurement Officers (24 procurement leaders in total) to add context to this research effort. The report is available (with registration) from several sponsor sites including hereherehereherehere, or here.

      (Read Full Article)

      Mentions:   Ardent Partners

    21. Are You Doing It Wrong?

      Explore Sourcing Innovation (Jul 18 2014)

      Comprehensive Category Management

      Spot buying individual categories at market lows or evening running reverse auctions at opportune times is not category management. And for that matter, neither is an event that covers the entire category. At this point you probably think that the doctor is losing it a little, because how could it not be category management if you are addressing the whole category?

      (Read Full Article)

    22. Incentivising agency performance

      Explore Procurement Leaders Network (Jul 17 2014)

      One of the hot topics that gets a good deal of airtime at conferences and in the trade press is the use of incentive-based payment methodologies when engaging advertising and media agencies.

       Recently, in the US there has been a lot of noise from search consultants advising agencies to steer clear of incentive-based compensation for various reasons, including measurement and the fairness of the process. I think part of the challenge for search consultants is their lack of a commercial focus that is the bedrock of a good procurement professional.

      (Read Full Article)

    23. Eskom hopes Medupi schedule will weather protracted strike

      Explore BDlive (Jul 17 2014)

      Eskom hopes Medupi schedule will weather protracted strike

      ESKOM has put in place short-term measures to limit the effects of the disruption the labour strike in the metal and engineering sector has caused to the construction of its Medupi power station.

      But the power utility expressed concern on Wednesday that if the three-week-old industrial action persisted it could delay the completion date.

      The commissioning of Medupi, already postponed several times over several years, is critical to easing power supply constraints that have held back South Africa’s economic growth and caused periodic load-shedding.

      (Read Full Article)

      Mentions:   South Africa   Parliament   Eskom

    24. Security industry bill may open sector to small, local firms

      Explore BDlive (Jul 17 2014)

      Security industry bill may open sector to small, local firms

      SMALL security companies are poised to cash in on the possible divestment by the industry’s large players should President Jacob Zuma sign the bill compelling dominant players to cede majority shares to locals.

      The newly formed Progressive Security Providers Association (PSPA) maintains that the signing of the Private Security Industry Regulation Amendment Bill into law would open up an industry "controlled by a small number of foreign and white-owned players".

      Representing 10% of the R50bn sector, the foreign-owned companies, including subsidiaries of major multinationals, have been up in arms over the bill, introduced by former police minister Nathi Mthethwa ...

      (Read Full Article)

      Mentions:   South Africa   Jacob Zuma

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