Reputable brands attract good suppliers, valuable partners and strong customers. They enjoy a positive public image and are seen as the benchmark for other players in their respective fields. But it is not only clever marketing and strategic public relations efforts that give prominent brands around the world their position at the top. “A […]
Mitigate supplier risk to safeguard your brand Read More »
Will the company that has reasonable material master data please stand up!? SAP’s material master data, without a doubt, is the bane of any Procurement Manager’s existence. This will also not be news to any manager in purchasing, with most companies despairingly accepting that master data always has and always will be an insurmountable
Procurement’s role in keeping your SAP material master data honest Read More »
Online marketplaces are being used more frequently as part of the procurement function in companies and are a perfect example of how technology is not only enhancing, but also streamlining the way business is done globally. In last month’s SmartProcurement, Anita Carolus-Opperman, Nedbank Corporate Card National Sales Manager, highlighted the new trend of using
Streamlining P-Card purchases with new technologies – Part 2 Read More »
Last month, we started the conversation about the invaluable role that entrepreneurs and SMMEs play in positively impacting families, communities and economies. We also highlighted the need for corporates to become good citizens by contributing to a sustainable SMME sector, and partnering with SMMEs and diversifying their supply chain. “This month we’re looking at funding
Funding models for developing SMMEs – Part 2 Read More »
To curb “unsound” procurement practices that are “slowing down” Zimbabwe’s economic growth a new Procurement Bill would be drafted and tabled in Parliament before the end of the year, President Robert Mugabe announced in his State of the Nation address. The Bill will incorporate COMESA procurement guidelines which emphasise devolution of power to award
Zimbabwe procurement bill to correct procurement practices Read More »
Too little information and awareness is sabotaging small- and medium-sized enterprises (SMEs) which makes it a challenge to receive credit, getting better deals from suppliers, and securing additional funding to help grow their business, says credit advisor Experian SA. “SMEs needed to be aware of what affected their credit profile negatively and positively, and
SMEs told to shapeup Read More »
The seasonally adjusted Barclays Purchasing Managers’ Index (PMI) remained virtually unchanged at 49 index points in September 2015, marginally up from 48.9 in August. The average for the third quarter is 49.8 index points, slightly better than the 49.2 recorded in the second quarter, but still below the neutral 50-point mark. While the headline
Q3 PMI up by 0.6 compared with Q2 Read More »
Imperial has won nine prestigious awards at the 27th annual Logistics Achiever Awards, which recognise supply chain and logistics excellence. The group’s achievements at this year’s event included a coveted Platinum Award, two Gold Awards and four Silver Awards, as well as two “Enviro Awards” for its efforts to green Southern African supply chains.
Imperial wins nine awards at annual Logistics Achiever Awards Read More »
Travel and Entertainment (T&E) is a critical expenditure category for nearly all organisations. Typically, it is the second largest controllable expense after salaries and benefits. In all cases, however, it is no longer regarded as best practice but essential practice for a successful T&E programme to deploy a corporate card, advises Master Card in
Leveraging the efficiencies of payment cards to manage travel Read More »
