In this second article of a 3-part series, Marijn Overvest, founder of Netherlands-based company, Procurement Tactics, continues to unpack a wealth of advice for industry professionals to use in their planning for 2024. We pick up at Number 4 of 11 trends in procurement, predicted by experts for the coming year. Trend 4. Procurement forecasting […]
Procurement Trends for 2024 According to Experts Read More »
The Oxalys South Africa Procurement Survey, now in its 3rd edition, aims to offer unique perspectives and tactics for strengthening resilience in procurement operations, addressing the ever-changing requirements of businesses. The survey delves into crucial aspects like performance management, inclusivity, and digital transformation. Notably, this year’s edition includes a dedicated section that focuses on public
Towards resilient and robust procurement teams – 2023 Annual Procurement Survey Read More »
EcoVadis released its second-annual Carbon Action Report with fresh findings from its Carbon Action Module (CAM), covering 2022 and 2023. This report analyses year-over-year findings from the CAM and delves into how the collaborative journey between buyers and suppliers is accelerating, showcasing the carbon maturity journey across diverse industries. Bridging the Climate Ambition-Action Gap Launched
Supply Chain Emissions Reductions Accelerating as Companies Reassess in Year Two Read More »
Senior Group Category Manager at Endeavour Mining in Abidjan, Côte d’Ivoire, Balla Niambele, MBA, examines how mining can underpin the development of sustainable industries in West Africa, placing emphasis on the significance of local content and procurement, and the challenges and opportunities that come with these. West Africa’s economic growth and development have long been
Creating Sustainable Industries in West Africa via Local Content & Procurement Read More »
In this 3-part series, Marijn Overvest, founder of Netherlands-based company, Procurement Tactics, believes that in 2024, procurement will elevate business. In this article and over the next two issues of SmartProcurement News, he will take us through predictions and advice collected from procurement experts globally, to help professionals in the industry navigate the immediate future.
11 Procurement Trends For 2024 According to Experts Read More »
It is “imperative” that procurement is at the heart of AI adoption, the World Economic Forum (WEF) has warned in a report published earlier this year. Unpacking the report here, is reporter with Supply Management magazine at Haymarket Business Media, Will Phillips, MA. Procurement is a “key enabler” in the adoption of artificial intelligence, and
Why procurement will be the ‘key enabler’ for AI adoption Read More »
Global thought leader in supply chain, change management, procurement, management and edtech, Mike Mortson, fears that supply chain leaders are becoming lazy. By this, he explains, he doesn’t mean that they are lazy in terms of getting their day-to-day tasks done, but in making the strategic improvements necessary to create more robust and resilient supply
Catastrophic Supply Chain Disasters made worse by laziness Read More »
Infrastructure development will be a vital tool in stimulating provincial economic growth in the Western Cape over the next 12 years, strategically leveraging procurement to optimise the impact, says Provincial Minister of Infrastructure, Minister Tertuis Simmers. Speaking at SmartProcurement’s 10th Annual Western Cape Procurement Conference last month, Mr Simmers told his audience of procurement specialists
Procurement Key in Development of Infrastructure Read More »
Preparing for a negotiation is critical to success. Though not intended as a substitute for learning, preparing this checklist from Next Level Purchasing can steer your negotiation preparation for great results. Do you follow these steps? Identify the primary supplier to negotiate with. Identify your second-best option in case you cannot reach agreement with your
Can a Negotiation Checklist Improve your Results? Read More »
Proposals can contain a lot of information and are the basis on which procurement decisions are made. Therefore, you must evaluate them carefully for compliance with your requirements. So what does a compliant proposal look like? The following checklist, from Next Level Purchasing, can simplify your proposal evaluations and ensure that a supplier is worthy
20 Tips for getting compliant proposals from suppliers Read More »
