1. All Articles

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    1. Nuclear vendor workshops will allow potential suppliers to strut their stuff

      Explore BDlive (20 hours, 22 min ago)

      Nuclear vendor workshops will allow potential suppliers to strut their stuff

      COUNTRIES wanting to sell their nuclear technology will be able to parade their wares in a pre-procurement workshop to be hosted by the Department of Energy that will include representatives from other state entities.

      On Sunday, the Department of Energy issued a statement saying the first of these workshops would begin with Russia and would take place before the end of October.

      According to the statement, the vendor parade workshops entailed vendor countries presenting their nuclear technology offerings.

      (Read Full Article)

      Mentions:   Russia   South Korea   Japan

    2. Let Your Suppliers Complain

      Explore Procurement Leaders Network (23 hours, 5 min ago)

      Let Your Suppliers Complain

      As uncomfortable as it may be, procurement needs to hear from unhappy suppliers. In fact, giving suppliers the opportunity to complain or otherwise rate the way they are treated is a vital part of effective supplier relationship management (SRM).

      Procurement Leaders, citing news stories in other media, reported last week that suppliers to giant UK food retailer Tesco are unhappy with the company’s organization and certain business practices, branding the firm as leaderless and difficult to work with. It’s a stunning indictment, all the more so since it turns the table on the usual paradigm of buyers complaining ...

      (Read Full Article)

      Mentions:   Tesco   Dell   KPMG

    3. Platinum stock above ground remains a puzzle

      Explore BDlive (Oct 20 2014)

      Platinum stock above ground remains a puzzle

      Investors are unlikely to rush back into platinum any time soon after a minimal price reaction to its biggest supply shock highlighted a major problem: no one knows how much metal exists above ground or, more importantly, who holds it.

      Analysts predicted a surging market as a record five-month labour stoppage in top producer SA wiped out more than 1-million ounces of output worth $1.28bn. Yet platinum, used mostly in automotive catalytic converters which clean up exhaust emissions, also failed to react to a 2.4-million ounce accumulation of metal into exchange-traded funds since 2010. The metal has lost ...

      (Read Full Article)

      Mentions:   Reuters   London   Russia

    4. 5 Essential Tips For Staying Safe Online

      Explore Technology News and Analysis (Oct 17 2014)

      5 Essential Tips For Staying Safe Online

      The security of the internet is an on-going concern. Whether you're online for fun, or you're conducting business, there are all manner of pitfalls you may encounter. Issues such as viruses and malware are now widely known about, but these are far from being the only security issues to concern yourself with.

      (Read Full Article)

    5. Visibility: What Does It Mean for CPOs? (Part I)

      Explore cporising.com (Oct 17 2014)

      The modern procurement executive and Chief Procurement Officer often lists “improve visibility” on their corporate to-do list nearly everyday. For some organizations, this goal is often a pipe dream or something they “feel” they should be doing in the greater scheme of supply management. However, top-tier CPOs realize that improving visibility isn’t a simple goal on a list crowded with other objectives: it’s a formidable, real target that must be achieved in order for procurement to drive true value across the greater enterprise.

      (Read Full Article)

    6. New ideas for improving contract management | by Wessel Pieters

      Explore MarketSqr Blog (Oct 16 2014)

      New ideas for improving contract management | by Wessel Pieters

      Contracts are an age-old method to organise the framework for transactions between parties. Usually a contract is about the exchange of goods and services and the remuneration thereof. This contract is usually in writing, signed and acknowledge by the parties.

      (Read Full Article)

      Mentions:   Russia   China

    7. Hollard’s procurement upheaval pays off | by Kate Ferreira

      Explore MarketSqr Blog (Oct 16 2014)

      Hollard’s procurement upheaval pays off | by Kate Ferreira

      In March 2012, Hollard Insurance hosted a procurement conference with a primary focus on supplier management and cost controls. It was the start of their own reworked procurement strategy (officially launched in April 2012), designed and developed to ensure best service and to curb costs during the insurance claim settlement process. Now, a little over two years down the line, the procurement policy is paying off, says Arie de Ridder, Head of Claims for Hollard Broker Markets.

      (Read Full Article)

      Mentions:   South Africa

    8. Crafting Performance-Based Contracts | by Tim Cummins

      Explore MarketSqr Blog (Oct 16 2014)

      Crafting Performance-Based Contracts | by Tim Cummins

      There is growing evidence that the form and design of a contract has substantial impact on the results achieved. The evidence ranges from studies on major projects, which often suffer from use of the wrong contract model, to more focused investigation of the behavioural impact of specific terms, such as the liability or indemnity provisions.

      (Read Full Article)

      Mentions:   Germany   Southern Africa

    9. Clampdown On Slavery In Supply Chains - Five Key Tactics

      Explore Procurement Leaders Network (Oct 16 2014)

      Clampdown On Slavery In Supply Chains - Five Key Tactics

      At the start of 2014, independent research showed that less than 50% of large UK businesses were regularly auditing their Tier 1 suppliers on whether they used slave labourers. That figure fell to 36% at Tier 2. Since then, we have seen multi-national buyers advance significantly their efforts to address slavery within their supply chains.

      (Read Full Article)

      Mentions:   USA

    10. Waterberg coal miners collaborate on resources

      Explore BDlive (Oct 16 2014)

      Waterberg coal miners collaborate on resources

      THE three most advanced coal companies in the Waterberg region — Exxaro, Resource Generation (Resgen) and Waterberg Coal Company — are working together with Sasol to develop the area’s coal resources most efficiently and sustainably to avoid some of the problems that have evolved in the Mpumalanga coal fields, Exxaro executive for business development Ernst Venter said on Wednesday.

      Mr Venter, who was answering questions at Wednesday’s Fossil Fuel Foundation Waterberg coal conference in Lephalale, said he was confident the mines would together be producing about 30-million tons a year of coal for export within the next 20 years.

      (Read Full Article)

      Mentions:   Transnet   Sasol   Eskom

    11. Get to grips with Contract Management | by Kate Ferreira

      Explore MarketSqr Blog (Oct 15 2014)

      Get to grips with Contract Management | by Kate Ferreira

      The upcoming contract management event – organised by Bespoke and the International Association of Contract and Commercial Management (IACCM) – promises to deliver international leading practice knowledge on contract management and supplier relationship management, with two experienced international speakers presenting at the event.

      (Read Full Article)

      Mentions:   Gartner   South Africa   Johannesburg

    12. Global A.T. Kearney Study Reveals New Procurement Trends

      Explore Supply Chain Management Review (Oct 15 2014)

      Leading company procurement organizations reap double the measurable cost reduction versus other companies, while also driving competitive advantage through supplier-driven innovation and risk management. While procurement organizations for leading companies have continued their upward trajectory, most companies only sustained the gains they made between 2008 and 2011.

      These findings were reported in a study released today by A.T. Kearney titled “Procurement Powered Business Performance: Assessment of Excellence in Procurement (AEP) Study 2014.” This year’s AEP is the eighth edition in a series that started in 1992.

      .

      (Read Full Article)

      Mentions:   A.T. Kearney

    13. Coega announces OEM complex for Nelson Mandela Bay

      Explore Polity.org.za (Oct 15 2014)

      Coega announces OEM complex for Nelson Mandela Bay

      The Coega Development Corporation (CDC), operator of the Coega Industrial Development Zone (IDZ), announced today it will establish a Multi Original Equipment Manufacturers (OEM) complex for the automotive assembly and components manufacturing sectors in Zone 2 of its industrial estate in Nelson Mandela Bay, South Africa.

      The state-owned entity has earmarked 306 hectares of land for automotive manufacturing industrial activity through its recently unveiled five year strategic plan, which will embrace an OEM industrial clustering approach.

      The Multi-OEM complex will house vehicle assembly halls and shared service infrastructures. First, second, and third tier automotive component suppliers will all be brought ...

      (Read Full Article)

      Mentions:   Volkswagen   General Motors   Africa

    14. Zurich Forum 2014: The Role of Big Data

      Explore Procurement Leaders Network (Oct 15 2014)

      The Procurement Leaders Zurich 2014 Forum panel discusses the role and benefit of using big data within procurement.

      Big data has many definitions, ranging from “unstructured” to “a lot of data” but the panel discussion on this very subject at the Procurement Leaders Zurich Forum defined it as “the moment when you have so many data points and systems that you cannot put it into one single system anymore”. So far, most of big data analytics has been seen on the sales side although we are increasingly seeing procurement applying it within their own function.

       Here are some trends on ...

      (Read Full Article)

    15. Mick Davis' X2 Resources now sitting on nigh-$5bn war chest

      Explore MiningWeekly.com (Oct 15 2014)

      Mick Davis'  X2 Resources now sitting on nigh-$5bn war chest

      Old Xstrata recollections were reignited on Tuesday as former Xstrata CEO Mick Davis announced that his new X2 Resources had garnered in another $1-billion to take the incipient mining company towards financial reserves of close on $5-billion. A number of new investors have taken the X2 total up to $4.8-billion of committed and conditional equity capital, the new company said in a media release.

      (Read Full Article)

      Mentions:   London   Africa   South Africa

    16. The Dark Side of Efficient Markets

      Explore HBR Blog Network (Oct 15 2014)

      It is generally accepted that efficiency represents the optimal, aspirational state for any market. Efficient markets, which feature many buyers and sellers and perfect information flowing between them, determine the “right price” and hence allocate society’s resources optimally.

      Those are indeed positive features. But every good thing is like a face caressed by the sun. The rays that light and warm the face automatically cast a dark shadow behind it. The shadow of an efficient market is increased price volatility — quite the opposite of what we expect from efficient markets.

      Think about how markets evolve. We’ll take the ...

      (Read Full Article)

    17. Queen approves CIPS Chartered Status

      Explore supplymanagement.com (Oct 15 2014)

      Queen approves CIPS Chartered Status

      Her Majesty’s Privy Council agreed the recently proposed changes to the CIPS Charter and Bye-Laws. CIPS members voted in favour of name change and introduction of Chartered Status.

      (Read Full Article)

      Mentions:   Balfour Beatty   CIPS   David Noble

    18. Develop A Mindset For Innovation Or Get Left Behind

      Explore Procurement Leaders Network (Oct 14 2014)

      Develop A Mindset For Innovation Or Get Left Behind

      Innovation may require investment and progressive thinking but it gets the attention of the business and is a crucial step in maintaining a competitive procurement function.

      Today the procurement function faces a longer list of tougher challenges than ever before. Long gone are the days when a CPO could get cost savings targets signed-off and then put his or her feet up.

      (Read Full Article)

      Mentions:   Unilever   Zurich

    19. Advisers appointed for Gautrain extension feasibility study

      Explore Engineering News (Oct 14 2014)

      Advisers appointed for Gautrain extension feasibility study

      Gauteng MEC for Roads and Transport Dr Ismail Vadi on Tuesday announced the appointment of a consortium of transaction advisers to conduct the feasibility study (FS) for the proposed extensions to the Gautrain rail system.

      The SMEC Consortium comprised SMEC South Africa, DLA Cliffe Dekker Hofmeyr and Deloitte – consultants with proficiencies in public–private partnership (PPP) procurement processes; rail design and planning; socioeconomic impact studies; and legal and financial planning.

      (Read Full Article)

      Mentions:   South Africa   Gauteng

    20. Car parts suppliers probed for collusion

      Explore BDlive (Oct 13 2014)

      Car parts suppliers probed for collusion

      More than 80 automotive component manufacturers under investigation for allegedly colluding to fix prices and dividing the market for the past 14 years

      (Read Full Article)

      Mentions:   Reuters   Toyota   General Motors

    21. Five tips: How procurement can use big data effectively

      Explore supplymanagement.com (Oct 13 2014)

      Five tips: How procurement can use big data effectively

      Five tips: How procurement can use big data effectively http://t.co/r0Fhpj11Sv

      (Read Full Article)

    22. Dti gazettes B-BBEE codes of good practice

      Explore SA News (Oct 13 2014)

      Dti gazettes B-BBEE codes of good practice

      Trade and Industry Minister Rob Davies has gazetted the second phase of the Amended Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice for public comment.

      (Read Full Article)

      Mentions:   Department of Trade and Industry   Pretoria   Rob Davies

    23. Opposition parties call for state bail-out of Post Office

      Explore BDlive (Oct 13 2014)

      Opposition parties call for state bail-out of Post Office

      Opposition political parties believe the government must provide financial assistance to the South African Post Office (Sapo), a sharp departure from their usual stance that there should be no further bail-outs for state-owned companies.Both the Democratic Alliance (DA) and the Freedom Front Plus (FF+) say that the withdrawal of the government subsidy for Sapo for it to fulfil its universal service obligations — particularly in unprofitable rural areas — has contributed to its financial malaise. But they stressed that mismanagement and corruption have also played a part and had to be dealt with

      (Read Full Article)

      Mentions:   Parliament   Cape Town   Democratic Alliance

    24. Carmakers keeping calm and carrying on

      Explore BDlive (Oct 12 2014)

      Carmakers keeping calm and carrying on

      NATIONAL Union of Metalworkers of SA boss Irvin Jim has had some incredibly rude things to say about South African automobile manufacturers, but National Association of Automobile Manufacturers boss Dr Johan van Zyl says more things unite than divide them.

      The two bosses met on Monday in a bid to prevent the next round of wage talks in 2016 degenerating into a repeat of the violence and strike action that paralysed the car industry earlier this year.

      “The meeting was to look at the future of our industry and to find better ways of conducting collective bargaining,” says Van Zyl ...

      (Read Full Article)

      Mentions:   Africa   Asia   South Africa

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