The clue to the answer may appear to be contained in the job title. The narrow, traditional view of a chief procurement officer (CPO) is that they organise the buying of stuff – even if it is not stuff at all, but services – in a timely, efficient, and cost effective manner. The problem […]
What should CFOs expect from CPOs? Read More »
Gordon Donovan, procurement and supply chain manager, discusses the term ‘procurement agility’, and the ways in which procurement organisations can become more agile in their activities. In this month’s SmartProcurement he gives some practical takeaways for procurement professionals to consider when applying in their own environments.
What does procurement agility mean in 2017? Read More »
There are numerous articles talking about the value that remains untapped within the supply chain, if only buyer and supplier could collaborate. But what does it mean to collaborate? wonders Mike Robertson, CEO of POD Procurement.
Supplier collaboration? You must be joking! Read More »
Most say that savings are just one component of this value proposition and that we need to look outside of savings into other areas of value, like stimulating innovation, supporting the organisation’s corporate social responsibility goals and reducing risk throughout the supply chain. Everyone agrees with these articles and, as we map out KPIs for
What if procurement savings didn’t matter? Read More »
When purchasing materials the same routines are used on each occasion, even if each and every one of these purchases is unique. So why do we need supply chain policies or procedures? asks Muddassir Ahmed, Divisional Supply Chain Manager at Eaton.
10 things you should consider before writing any supply chain policy Read More »
Is the financial year-end getting the better of you? Are suppliers unco-operative? Are you late with their payments? Are you over budget and struggling to balance the books? If any of the above scenarios apply to you, take heart in knowing that you’re not alone. Balancing inconsistent supply chain management practices with increasing costs
Expense reconciliation: tips to improve your process Read More »
“Procurement fraud happens within the entire value chain of organisations. Because decisions are made on every level, some procurement officials get a chance to manipulate the system, and accept bribes,” says Lebogang Letsoalo, Director at Sincpoint Pty Ltd.
Procurement fraud – why does it continue to thrive? Read More »
In this month’s SmartProcurement, Crest Advisory Africa’s Nico Snyman outlines a case-study on supply chain risk assessment. Crest Advisory Africa (CAA) recently performed an Online Supply Chain Risk Assessment (OSCRA) on a site within the Gauteng area for a leader in the construction environment who works with a number of value chains and supply chain
Case study: Supply chain risk assessment Read More »
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by a further 1.6 points to 52.5 index points in February, after a 4.2-point rise in January. The second consecutive improvement in the PMI and the broad-based nature of the uptick across the key subcomponents is a positive sign that the manufacturing sector started the
PMI continues gains in February Read More »
