2 June 2016

University students aim to clean up govt procurement

  Four University of Johannesburg students, thinking that government’s Central Supplier Database (CSD) is not the only answer to the problem of tender fraud, have designed a system that aims to curb tender corruption in the state’s procurement system. Recognising tender fraud ias a real problem in African governments, the students, calling themselves “Kriterion”, developed […]

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Too many suppliers, so little time…

  Does this sound like you or one of your colleagues? “The problem is that there are so many suppliers, compounded by many procurement professionals being spread thin. Often, initially procurement has less specialist knowledge about a market than do their stakeholders. The consequence is procurement only being engaged late in the process, then spending

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Suppliers financing customers – responsible, sustainable?

  In April Rio Tinto announced that it would reverse a decision to extend payment terms for suppliers. One of the world’s biggest miners, it had planned to double its payment terms in a move that would have forced its suppliers to wait up to 90 days to be paid. Rio Tinto is not alone

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Lack of skills might NOT be hampering SA’s supply chains – survey

  A lack of supply chain skills has not hampered performance of South African organisations, found Barloworld Logistics’ Supplychainforesight Survey 2016. However, this is contrary to perceptions in previous years’ surveys where skills were identified as a major inhibitor to growth and sustainability. The disparity in results may be attributed to skills development initiatives whose

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Wasteful spending at metros balloons

  MOST of the country’s big cities have increased their "fruitless and wasteful" spending in the last financial year, despite some of them receiving kudos from international rating agencies. Nelson Mandela Bay metro was the worst offender, according to auditor-general Kimi Makwetu’s 2014-15 local government audit report, released on Wednesday.Managerial capacity at the country’s metros

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SA procurement should share the US’s concern about interest rate risks

  Talk of interest rate hikes in the United States has got some of that country’s procurement professionals worried. However, if figures like 25 basis points are keeping them awake at night, should South African procurement be proportionately more worried to the tune of 200-300 basis points? SA rates have increased 125 points in the

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Thieves using 3D printers to disguise cargo security breaches

  South Africa’s import- and transport-heavy supply chains could be at increased risk of theft as thieves have learned to use 3D printers to replicate the security devices used to seal cargo containers, according to global security organisation G4S. 3-D scanners allow thieves to make counterfeit copies of devices such as ISO 17712 high-security cargo

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PMI recovers to realistic level after April’s “overstated high”

  The Purchasing Managers’ Index (PMI) lost some of the ground it gained in April, falling back to 51.9 index points in May – a decrease of 3 index points from April’s 54.9 index points. Despite the drop, the headline PMI managed to remain above the neutral 50-point mark for a third straight month. As

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