A survey by the South African Chamber of Commerce and Industry (Sacci) in September found that late payment, in effect, later than 30 days, by government entities, temporarily constrained the revenue stream and operations of about 60% of the small businesses surveyed, said Sacci CEO Neren Rau. While a lower-than-expected number of small businesses were […]
Govt’s late payment cause 10% of SMEs to shut down or downscale Read More »
The PMI’s decline to a level similar to September 2009 indicates that the manufacturing sector is under pressure from falling demand in export markets, said Andre Coetzee, MD of the Chartered Institute of Purchasing and Supply (CIPS) Africa. Released on Monday, the seasonally adjusted Kagiso purchasing managers index (PMI) fell four index points in September
PMI’s 3-year low indicates pressure on manufacturing Read More »
Volatile commodity markets, tight financial markets and cautious consumers are making their influence felt along supply chains. In addition, environmental issues, product safety incidents, critical part shortages, ethics violations and other supply risks have a negative effect on companies’ reputations and business fortunes. With this being the current landscape in which Chief Procurement Officers (CPOs)
November Re-Think of traditional procurement Read More »
