Invoicing & Payment,
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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
- Suppliers Are Key to Disruptive Innovation, Study Finds
- Strengthening regional bonds - CIPS Africa MD Interview | by Kate Ferreira
- Shifting mindsets - an interview with Clover's CPO | by Kate Ferreira
- Setting Standards for Mining Sourcing - Anglo American Initiative | by Kate Ferreira
- Calculating Procurement Savings – Strategic Procurement | by Dion de Gruchy
- From Being a Problem Fixer to Being a Community Builder | by Dr Gerhard van Rensburg
- 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
- SA 2015 Budget in the Spotlight - Impact on Procurement | by Kate Ferreira
As a research analyst, I am studying things that are incredibly difficult to measure. The topics may sound easy, but they are not. In my research, I answer questions like: The answer to these questions requires the analysis of many factors. As a student of the social sciences, on this blog, I want to continually share insights to drive new levels of thinking. While each technology provider wants the endorsement of their approach, I remain independent.(Read Full Article)
DA: Geordin Hill-Lewis says irrational new tender policy only serves ANC’s narrow-based re-enrichment scheme
The proposed amendments to the Preferential Procurement Regulations which govern the tender process to be followed by government are irrational and ought to be scrapped. I will today write to the Minister of Finance, Nhlanhla Nene, requesting him to withdraw the amendments with immediate effect.(Read Full Article)
A series of supply chain events for suppliers wanting to get involved with the £1 billion Tidal Lagoon infrastructure project in Swansea has launched. The “awareness events” are aimed at introducing Welsh construction and advanced manufacturing businesses to tier one delivery partners of the scheme by Tidal Lagoon Swansea Bay, and for suppliers to understand what opportunities are available. The Swansea Bay Tidal Lagoon project is being developed by Tidal Lagoon Power.(Read Full Article)
GOVERNMENT tenders up to R10m will in future be evaluated only 50% on price and 50% in terms of black economic and women’s empowerment and other criteria, say draft regulations published for comment by the Treasury last week. The amendment to the regulations under the Preferential Procurement Policy Framework Act of 2000 has been an intense lobbying point for black business since they were first passed in 2011.(Read Full Article)
THE government and black business want to see a new wave of black economic empowerment (BEE) and are pulling the levers to get it started. But as the pressure ratchets up, the old debates are sure to arise: must firms continuously do new deals to maintain their ownership levels? Is BEE about redress and redistribution or about transformation? And what is the endgame for BEE in the economy? A new assertive phase of BEE kicked off on May 1.(Read Full Article)
Exclusive research among global sourcing & procurement executives finds an increasing focus on Supplier-Enabled Innovation (SEI).
Procurement is a key enabler of corporate innovation thanks to the connectivity it enjoys with suppliers and key business stakeholders. These are the findings of Procurement Leaders research announced on Monday.(Read Full Article)
If there was any doubt that managing the supply chain is also an exercise in managing risk, just ask someone who works in procurement – particularly the world of direct procurement. These professionals patrol the front lines of the manufacturer-supplier relationship, overseeing their company’s purchasing activity, executing purchase orders, and working with multiple stakeholders to ensure the right materials make it to the right place at an optimal cost.(Read Full Article)
Enforcing strict expense management policies is essential for companies looking to save on expenses but runs the risk of making employees feel disenfranchised and micromanaged. Companies that use technology to monitor staff spend can achieve better expense management without damaging employees’ trust. Matt Goss, managing director – Australia & New Zealand, Concur, said, “Businesses need to keep a close eye on expense-related issues such as taxes, labour regulations and return on investment.(Read Full Article)
An approach by an SAA director requesting that Bidvest transfers 30% of its aircraft-toilet-cleaning subsidiary business to an SAA-nominated black-owned small business has been politely but firmly kicked into touch.
This seems to be a very similar request to that from Eskom to a number of service providers reported recently which may indicate a strategy from South African SoE's.(Read Full Article)
Like category managers, suppliers need to have “eyes on” many different internal and external variables in order to maintain operations and keep serving their markets. Common market trends that the two must monitor include commodity levels, price fluctuations, commodity supply and demand, recent or future innovations, governmental regulations, and all associated risks, like legal, political, natural, reputational, etc.(Read Full Article)
Why should a CPO take advice from a Marketer?
The crux of Inbound Marketing is investment: genuinely understanding and caring about the needs of your target, and working to solve their problems and empower them.
Inbound marketing works because investment nurtures long-term relationships.
And it’s crucial procurement learn from this mentality, because too often vendors are treated as disposable rather than as partners worth investing in.
Inbound Marketing can teach us 3 secrets of building those effective long-term partnerships.(Read Full Article)
“The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn and relearn.” What if we put this into the context of corporate functions and the rise of collaboration and the shared economy? Production / supply chain: Companies learned to make their products and services by themselves; then they unlearned part of this in order to become even better through outsourcing and supply chain systems.(Read Full Article)
The middleman just might be the vanguard of your next innovation strategy. It's time to reimagine the role of supply chains in our creative thinking. The truth is that the suppliers we all depend on are greater than the parts they provide. Supply chains are more than places where orders are fulfilled or materials are assembled. They are untapped sources of innovative potential and growth.(Read Full Article)
The terms "big data" and "analytics" are widely used but often are not clearly defined. The explanations presented in this Supply Chain Quarterly article is the best summary we have seen to help managers understand what these concepts really mean and how they can use them to improve their supply chains.
This is not breaking news but we thought our community will benefit from this information.(Read Full Article)
Further the the article from yesterday on Eskom's plans to take an equity stake in suppliers, the utility also has plans to take over intellectual property (IP) rights developed during the course of any work that its contractors are currently performing on its sites. The startling claims are contained in the minutes of what appeared to be a heated meeting between the power utility and three major industrial suppliers – Actom, Babcock and Steinmuller – that was held at its Megawatt Park headquarters on May 8.(Read Full Article)
THE pain of depressed export coal prices in the coming year will be cushioned for Transnet Freight Rail as it had signed up 95% of its coal volumes on "take or pay" contracts, Transnet group acting CEO Siyabonga Gama said on Tuesday. "We wanted to be at 98% but negotiations were tough," Mr Gama said at a presentation of the group’s results for the year to March.(Read Full Article)
Johannesburg - The cheques are in the mail. Not. If you were waiting for the Post Office to pay you, don’t hold your breath waiting for the cheque: there’s a bit of a cash problem. On Monday Telecommunications and Postal Services Minister Siyabonga Cwele admitted to Parliament that the Post Office has thousands of unpaid suppliers and owed hundreds of millions of rand.(Read Full Article)
UK businesses could be squandering budgets, using risky suppliers and spending without permission due to a lack of collaboration with procurement, according to research. A study published today by Redshift on behalf of Wax Digital questioned over 200 senior decision makers in finance, IT and sales and marketing departments, and concluded there was an “alarming chasm” between their spending behaviour and procurement processes and rules.(Read Full Article)
Johannesburg - Power utility Eskom wants companies that do business with it to issue a 30-percent equity stake to it at no cost. In an unprecedented move, Eskom told a meeting of its boiler-serve contractors in May that the board wanted major industrial suppliers Actom, Babcock and Steinmuller to issue equity of 30-percent to it that would be held by Eskom Enterprises – otherwise known as Rotek, a wholly-owned support service subsidiary of Eskom.(Read Full Article)
LAWYER Paul Muite yesterday asked the Public Procurement Administrative Review Board to reverse the Sh1.2 billion tender to automate revenue collection. He said the Kenya Revenue Authority’s tendering process was unfair. The board is to rule today. Muite said his client Web Fontaine was unfairly denied the tender by Trade Mark East Africa, the company that undertook the procurement process on behalf of KRA and which is the lead financier of the project. The tender was given to Bull SAS.(Read Full Article)
INADEQUATE foreign currency hedging in a contract for locomotives could have forced the Passenger Rail Agency of SA (Prasa) to pay almost R5bn instead of R3.5bn. The lack of hedging also means that the state agency will only procure 70 instead of the 88 Spanish-made locomotives it originally sought. Prasa is procuring 20 diesel and 50 hybrid locomotives from Spanish manufacturer Vossloh Espana, through a consortium, Swifambo Rail Leasing.(Read Full Article)
One of the most interesting aspects of the reports from multiple sources that SciQuest is in play, and that possible suitors include everyone from Oracle and IBM, to Workday is, why now?(Read Full Article)
CONSULTANT engineers in Nigeria have been tasked to get more involved in the procurement process, if their call for transparency and accountability in the implementation of the document would make desired impacts in the country.
This was the view of the president of the Association for Consulting Engineering in Nigeria (ACEN), Dr. Temilola Kehinde, last week during an induction ceremony for its new members. This event was also tied with a lecture on ‘Enhancing the practice of engineering consultancy in Nigeria through an efficient public procurement process’.(Read Full Article)
The amount of people involved in a manual procurement process makes it a difficult operation to control. Without control, visibility around the process is reduced and collaboration between departments becomes non-existent. These are key to preventing errors, improving processes and saving your business from unnecessary loss. So, do you really control the procurement process in your business? No? Well, there is a solution.(Read Full Article)