The Treasury is rethinking the draft preferential procurement regulations it published in June, and there is a possibility the revised version could claw back some of the more generous provisions for enhanced black economic empowerment. “The latest revision of the regulations is expected to be submitted to Finance Minister Pravin Gordhan in September and […]
Public Preferential Procurement regulations being revised Read More »
It is a question Bill Michels is often asked by CEOs. His answer: "let the organisation’s expenditure steer your decision."
Centralised or decentralised procurement structure? Read More »
The procurement function is at an inflection point. At many leading companies, the role of procurement has been transformed in profound ways that make the procurement organization a linchpin of enterprise strategy. Meanwhile, many procurement groups continue to struggle for influence – in large part because they remain trapped by paradigms that, while still
Reinventing procurement: 5 ways to turn crises into prospects using supply chain levers Read More »
Online trading platfrom, the Business World, is listing more than 100 business contracts a day. Aimed at developing small suppliers and linking them with business opportunities, Business World has vetted and registered more than 10 000 companies. “Registrer on the portal at no cost until the end of 2016,” says Petra Rees, Managing Director
Trading portal links small suppliers with procurement functions Read More »
Eskom failed to follow its own supply chain policies, the PFMA and Section 217 of the Constitution when making pre-payments to the Gupta’s Tegeta exploration and resources to secure coal supply, said Corruption Watch in a statement. “We are concerned about the nature and scale of procurement irregularities at Eskom,” said Corruption Watch’s executive
Failed supply chain policies led to Eskom’s Tegeta payments – Corruption Watch Read More »
Gauteng Provincial Treasury will assist suppliers and small businesses to register on the Central Supplier Database (CSD) next week at SmartProcurementWorld. On 14 September 2016, Treasury will be available at The Absa Enterprise Supplier Development Expo Open Day, co-hosted at Smart Procurement World. A key feature of the CSD is that government procurement officials
Absa bank, in partnership with the Department of Economic Development and Tourism, launched a business skills programme in June 2016 to equip small suppliers with the necessary skills and knowledge to grow and sustain their businesses. The two-day programme aims to reach at least 1 000 small suppliers and, will run across the province
Food safety is a priority throughout the whole supply chain. From manufacturer, its suppliers and logistics service providers, to a retailer and ultimately the end-user, critical care needs to be applied to ensure that food safety and hygiene are not compromised. But, how best to manage food safety across the global supply chain while
Food safety reliant on efficient and transparent supply chain systems Read More »
Almost a third of UK retailers are considering changing suppliers and 28% are thinking about sourcing from different countries following Brexit, according to a report.
Brexit – 28%of UK retailers considering sourcing from different countries Read More »
The seasonally adjusted Barclays Purchasing Managers’ index (PMI) declined by 6.2 index points to reach 46.3 in August 2016. The magnitude of the drop was somewhat surprising after the PMI remained above the neutral 50-point mark during the preceding five months, said the Bureau for Economic Research (BER).
PMI down in 2 consecutive months Read More »
