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
- Presentations: 7 ways to connect with your audience | by Paul du Toit
- Leadership in a time of flux | by Kate Ferreira
- Trends in Supply Chain Management - what do they mean for you? | by Elaine Porteous
- Government of Ghana follows the e-procurement route
- Our world is changing - are you in or out? | by Dr Gerhard van Rensburg
- Traditional or agile: resilient supply chains in manufacturing | by Elaine Porteous
- Bespoke embarks on transformation journey | by Kate Ferreira
- Inaugural procurement e-conference announced | by Kate Ferreira
- Women entrepreneurs: networks and diversity matter | by Kate Ferreira
- Are your key suppliers managing you? | by Elaine Porteous
Pretoria - South African and Indian companies should take advantage of the growth and economic development in each other’s countries, says Trade and Industry Deputy Minister Mzwandile Masina.
“There are great opportunities offered by both countries to be explored in manufacturing, agriculture and infrastructure development. Telengana, as a new state, has a massive infrastructure plan that our companies could take part in and collaborate with the local Indian companies,” said the Deputy Minister.
The use of social media to promote and market the outcomes of innovation (products and services) is widespread. This is not the objective of this post as I want to focus on how people working with innovation can use social media in their efforts to create these products and services and to further develop their innovation capabilities.
Some facts on LinkedIn:(Read Full Article)
Is formal legislation the way to bring down payment terms that stretch beyond 60 days, and what role should procurement play?
As a business community, what can or should we be doing about the length of payment terms? Over the last few months there have been a number of stories to hit the headlines criticising the likes of Diageo, Mars and Mondelez over plans to increase their supplier payment terms.
TOTAL government spending has been reduced by R25bn, or one percent of the projected budgets in the 2015-16 and 2016-17 financial years.
In addition, government has placed R45bn in an unallocated reserve for 2017-18 to serve as a buffer against fiscal or economic shocks.
The 2015 Budget Review says the bulk of the budget reductions have been on goods and services, which at R200bn in 2016-17 is more than 5% lower than projected in the 2014 budget.(Read Full Article)
Energy Minister Tina Joemat-Pettersson confirmed on Tuesday that 77 bids were received by the August 18, 2014, submission deadline for the fourth bid window under government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) and that, with the evaluation process complete, an announcement of the preferred bidders was “imminent”.(Read Full Article)
Burma, Cambodia and Bangladesh have topped an index of the world's lowest labour costs. Businesses with supply chains and operations in Burma, Bangladesh and Cambodia are benefiting from the world’s lowest labour costs, according to a new global ranking.(Read Full Article)
As part of Spend Matters focus on Talent this month we are contributing a series of articles relating to the subject of recruitment and retention of outstanding procurement professionals.A great recruitment strategy actually starts with the retention of your best people. Why? Retaining, developing and promoting your best people sends a very positive message to the market that your department is a great place to work. Conversely an organisation wi...(Read Full Article)
The news is dominated by geopolitical events from around the world — the spread of Ebola, the conflict in Syria, the unrest in Ferguson, ISIS and just about anything that happens in North Korea. As procurement spreads across more and more geographical boundaries, organisations are being exposed to more and more geopolitical risk. In order to ensure the safety of their company, CPOs and Procurement Directors must proactively consider the implications of these events on the running of their businesses(Read Full Article)
In a blog published by the Bertelsmann Transformation Index, China expert Christian Goebel speaks about Xi Jinping’s anti-corruption campaign and how it is helping transform China from collectivist one-party rule to a one-person authoritarian system. In Transparency International’s latest Corruption Perceptions Index (CPI), China is among the countries with the largest decline in points, despite a […](Read Full Article)
The marketing function has evolved significantly over the years, so much so that it is difficult to pinpoint the moving target that is its focus during any point in time. However, as company brands shift towards new consumers and markets, and outward messaging is delivered by fresh and exciting means, the ultimate goal of marketing will never truly be altered: drive more business and drive more individuals towards the enterprise’s products and services.
The world of meetings and events management, like its “showrunner” in marketing, has also experienced dramatic changes over the past few years.(Read Full Article)
Global companies are wasting more than $30 billion (£20 billion) a year because they do not share information about suppliers, according to business information provider Achilles.(Read Full Article)
TELKOM and Cell C both face significant upheaval in the short term — much more so than their rivals MTN and Vodacom.
How the two companies adapt to the changing market will have a dramatic impact on South Africa’s telecoms sector and, ultimately, on the services that consumers receive and the prices they pay.
Let’s start with Telkom. This week, South Africa’s fixed-line operator announced its biggest restructuring in years.(Read Full Article)
Has your procurement organisation recently looked at the ratio of different age generations that it is made of? Recent research by Procurement Leaders (The 2015 Trend Report) reveals that succession planning is a real challenge for today’s CPOs. But, understanding which generations are represented on your team and what their idiosyncrasies are will not only help with succession planning or wider talent management.
Research by Barclays found that 33% of the current UK workforce are baby boomers (those born between 1945 and 1960).(Read Full Article)
A job for life is something that many people find quite scary, especially in a modern world that is characterised by freedom of movement and job flexibility. But can a career in purchasing really be a job for life?
In this guest post, Electrolux’s Gregoire Letort reflects on a career in procurement: the opportunities it presents and the skills that make for a successful procurement leader.
Johannesburg - Sibanye Gold, the biggest producer of the metal in South Africa, intends to become energy-independent “over the next few years” as Eskom struggles to supply the economy with enough power.(Read Full Article)
When we as procurement people look internally and attempt to analyse the performance and effectiveness of our own function – ‘spend under management’ is normally the metric we turn to and I’m not convinced this is a smart move.
I’m not going to argue that a procurement team that actively manages a large part of its spend is not positioning itself for success, that logic is sound. But, I do feel the spend under management metric (in its current interpretation) is a little misleading.(Read Full Article)
THE AILING SA Post Office (Sapo) faces new looming challenges that would be another blow to business and jobs in South Africa.
Efforts to stabilise the entity could be derailed by the latest threats and demands by the Communication Workers Union (CWU).
Aubrey Tshabalala, the CWU general secretary, yesterday threatened that the union would embark on a total shutdown of the post office due to the closure of some of its branches countrywide and the loss of jobs as a result.(Read Full Article)
Be honest – to what degree are you really collaborating with your trading partners? Are you sharing information with a few companies? Working together to develop new products and services? Or sharing knowledge to solve problems and boost customer satisfaction? Supply chain collaboration is a hot topic today. As explored by The Economist Intelligence Unit in a recent paper, “No Business Is an Island: How companies collaborate with trading partners ...(Read Full Article)
I recently wrote on the importance of technological expertise to financial services procurement, both now and in the future, but there’s another big question that needs addressing: what about expertise among the supply base?(Read Full Article)
With technology picking up the slack left by an ever-shrinking branch footprint, demand for third-party banking applications as a way of cutting cost and stripping complexity is expected to grow. It’s procurement’s place to consider how these service providers are contributing to organisational value, beyond fiscal metrics.
STATE-owned power company Eskom added "strategic considerations" in the last stage of the negotiation process for its R4.3bn nuclear power tender, which were not in the original bid criteria, US-Japanese nuclear company Westinghouse told the Johannesburg High Court on Tuesday.
They included the bidder having to be the original equipment manufacturer of the steam generators to be replaced, lawyers representing the company in its fight to have the tender reviewed argued.
According to Westinghouse, Eskom included additional requirements for bidders "at the last minute", which tipped the result of the tender in the favour of Areva.(Read Full Article)
- The Communication Workers Union will embark on mass action against Telkom's imminent retrenchments, it said on Wednesday.
"We shall use anything at our disposal, including but not limited to unleashing the organised might of our members through rolling mass action to register our dissatisfaction, and force the hand of an irresponsible, inconsiderate and intransigent Telkom management," the union said in a statement.
The union called on Telkom to withdraw all retrenchment notices sent to affected workers. "Unilateral decision-making by Telkom management from their air-conditioned ivory towers can no longer be tolerated."(Read Full Article)
The ability to connect with an audience is critical in getting your key message and the content of your presentation across. It is so important that it must be considered a make or break factor. If you hook the audience from the start, you have immediately increased your chances of keeping them engaged.(Read Full Article)
Telkom’s chief procurement officer Ian Russell took up the mantel a year ago, at a time of great change for the telecommunications giant. Facing industry disruptions and aggressive competition, Telkom is looking to improve its offerings and provide better customer care – all while meeting ambitious cost savings goals. Enter a revamped procurement strategy to the rescue.(Read Full Article)
Trusted researchers, global think tanks and leading corporates all regularly predict expected trends across international supply chains. Hitachi Consulting identified six key trends, The University of Tennessee found ten and Gartner distilled them into three trends.