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
Articles in category: Open Innovation
Do you believe that your suppliers think it is worth the time and effort to bring you the innovations you are looking for to grow your business in a sustainable way? Procurement can be a key driver if the right resources, processes, incentives and metrics are established. Are you ready to engage your suppliers to unlock the value from them?(Read Full Article)
Closer Relationship With Suppliers
Increased competition, higher consumer expectations and shifting attitudes towards the environmental and social impact of products and services means that today, the development time is compressed, and the expected lifetime of a product is becoming ever ...
[This Day]Promoters of the SmartCity Innovation Hub technology project have promised to create 50,000 direct employments in the next five years. The hub is designed to promote economic diversification and to move the country towards a knowledge-based economy.
The project is a bold move to bring together technology, government and society in ways that promote the culture of innovation and the competitiveness between allied businesses and knowledge-based institutions.(Read Full Article)
In February 2015, MarketSqr Supply Network will be presenting the inaugural Procurement Africa e-Conference, themed “Procurement without Borders”.(Read Full Article)
Clorox is one of the leading practitioners of open innovation. Not many people really know this, but it becomes obvious, when you interact with Clorox people and listen to their presentations.
Navin Kunde, Business Networks Leader at Clorox, recently gave a great presentation at the Open Innovation Summit in Chicago. The presentation, which he has given me permission to share with you, focused on three key takeaways.
1) Focus on fewer partners who can deliver deeper, more effective relationships that drive business results(Read Full Article)
The ITC assists enterprises in exploring new markets and entering value chains(Read Full Article)
If you're in some parts of South Africa, power outages will no longer prevent you from accessing your much needed cash. BusinessTech has reported that ATM Solutions, a company that provides and operates retail ATMs, has installed what it believes to be the first solar powered ATMs in South Africa at a number of sites in Mpumalanga.(Read Full Article)
If you are not the top priority for your supplier you may be at the back end of the queue if they run out of capacity. Thus getting fired by your supplier!
Listening to supplier opinion can deliver great benefit to any organisation. Product or process improvements, design changes or new materials can be the result from opening up to suppliers.(Read Full Article)
[New Era]Windhoek -Minister of Finance, Saara Kuugongelwa-Amadhila, yesterday said Namibia needs to ensure that regulatory frameworks and supervisory practices give sufficient space to encourage competition and innovation to promote formal financial sector participation by individuals and small and medium enterprises (SMEs).(Read Full Article)
The Aspen Institute and Institute Trustee Anne Welsh McNulty today announced Rejane Woodroffe and the Bulungula Incubator (BI) as the recipient of the seventh annual John P. McNulty Prize. The $100,000 prize recognizes the spirit of innovation and excellence of private sector leaders who use entrepreneurial methods to address important global social issues. Rejane and BI are being honored for their pioneering work on rural development in South Africa.
"One thing the McNulty Prize looks for are imaginative solutions to pressing problems that can be replicated elsewhere(Read Full Article)
Public service innovators gathered at Emperor's Palace, in Kempton Park, on Friday evening to be honoured for their innovations.
The 12th Public Sector Innovation Awards featured among others innovations that improve service delivery, use Information Communication and Technology (ICT) for effective service delivery and innovations that enhance internal systems of government.
Minister of Public Service and Administration, Collins Chabane, told innovators gathered at the awards ceremony that their innovations dispel the myth that public servants are lazy and incompetent people who can't come up with creations to improve service delivery.(Read Full Article)
Brics countries must continue to embrace innovation as a key driver for economic growth, delegates at the 3rd Annual innovaBRICS & Beyond Conference taking place in London heard on Monday, 27 October.(Read Full Article)
Bill & Melinda Gates Foundation and Grand Challenge Partners Commit to Innovation with New Investments in Breakthrough Science
Seattle — A consortium of partners including Brazil, Canada, India, Norway, South Africa, the United Kingdom and the United States will fund a new phase of Grand Challenge initiatives.
At an event in Seattle commemorating the tenth anniversary of Grand Challenges, a group of international partners today announced three new initiatives aimed at creating breakthroughs in science.
This anniversary event, attended by scientists and researchers from around the world, celebrates a decade of progress since the Bill & Melinda Gates Foundation's launch of the initial Grand Challenges in Global Health initiative. This original US$450 million research initiative was created to ...(Read Full Article)
Many companies around the world know the benefits of open innovation and crowdsourcing with speed and diversity being the most important ones.
The combination of the two can enable companies that are successful with open innovation to bring better products and services to market faster than their competitors. This is a position that every CEO craves for as this can help develop strong and sustainable competitive advantages.(Read Full Article)
At Novozymes, an industrial bio-tech company, internal crowdsourcing is an important means to engage the employees in the creative process. The crowdsourcing campaigns have proved to be very successful with high engagement levels and many qualified proposals, some of which even led to patent applications. This is what we have experienced of do’s and don’ts when it comes to achieving successful crowdsourcing.
How Crowdsourcing Becomes an Innovation Engine – 6 Rules to Follow(Read Full Article)
The challenge of ensuring adequate, nutrient-rich food for an expanding global population is a daunting one, especially given constraints on key resources like water and agricultural land.
As it stands, the two leading approaches to enriching and enlarging the world's food supply are genetic engineering and industrial processing with additives and chemicals. Now, a third solution is emerging: vertical farming.
Academic studies have found that locally cultivated vertical farms - stacked greenhouses that use artificial light to grow crops - can provide considerable savings, which could then be passed along to consumers. But questions about such farms' fundamental economics, especially for ...(Read Full Article)
Nissan has said that its new Y62 Patrol, now redesigned with an unprecedented zest and ergonomics, has returned with a futuristic look that stands out for its unique combination of the most recent technologies and new design DNA.
The auto maker noted that the new Y62 Patrol, assembled in Nigeria by Stallion NMN plant in Lagos, epitomises Nissan's tagline: 'Innovation that excites.'
It also noted that President Goodluck Jonathan had acknowledged the beauty and adroitness of the made-in-Nigeria Y62 Patrol when he, in company of some government officials, took delivery of the Patrol in Abuja on Democracy Day(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)
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)
Science and Technology Deputy Minister Zanele kaMagwaza-Msibi says her department will invest more in research and innovation to ensure that the country produces more scientists and engineers.
Speaking to SAnews shortly after briefing Parliament's Portfolio Committee on Science and Technology on Wednesday, the deputy minister said these areas needed special attention to ensure that the country moves towards improving the lives of people by investing in the knowledge economy.(Read Full Article)
Africa has the most youthful population in the world, with estimates suggesting young people make up 60 to 70 per cent of the total population, but too few have access to jobs. Unemployment among graduates is becoming one of the most serious problems facing youth in the continent.
One major factor contributing to graduate unemployment is the defective education system, which focuses too much on theoretical teaching. There is next-to none of the practical training needed to either be employed in the job market, or become self-employed(Read Full Article)
THE envisaged mobile devices boom in Africa is increasing and mobile technology is a catalyst for both business improvement and innovation, a technology expert projected.
Jon Schmidt, global vice president for Mobile Sales and Solutions at SAP, said mobility is changing how the world operates. He pointed out the predicted growth of mobile devices, from 2,5 billion today to 50 billion by 2020.
Schmidt added that the two main benefits that mobility had shown was an average of 84 percent productivity gains in the workforce and 74 percent gains in revenue.(Read Full Article)
We all have a lot to learn from the new generation of companies that have come out of the Silicon Valley revolution. Many of these entrepreneurial lessons have been codified in books, the new bibles for innovation — not just for entrepreneurs but also for managers looking to create new and innovative innovation businesses inside existing corporations.(Read Full Article)
Those are the key ingredients for innovation in the financial services industry according to Rick Smyers, VP for Accelerated Innovation at Fidelity Investments.
Smyers was giving a talk at the Front End of Innovation conference, where I asked him about his views on the differences and similarities between the financials services industry and other industries such as cars, medtech and fast-moving-consumer-goods.(Read Full Article)
The 50th issue of Procurement Leaders is a good occasion to reflect on what has shaped the purchasing function in the last decade and consider what could lie in store for us over the next ten years.
First, we have seen a dramatic improvement in the professionalism and calibre of people working in purchasing. They have helped move the function from something of a shadow function to one that is now considered primary in many businesses.
This is good news for both the business and the function because of the fact that purchasing manages and negotiates between 50% to ...(Read Full Article)