27 May 2020

Post-COVID-19 cost savings in the mining and manufacturing industries

With cost pressures likely to mount up as we recover from COVID-19, mining and manufacturing companies must find alternative methods to reduce total cost of ownership relating to product procurement and product consumption. “A product information management (PIM) system can help”, says Isak Marais, CEO, DigiTeams, which specialises in bespoke digital transformation within the mining,

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COVID-19 | How can procurement drive organisational strategy in the face of turbulence and vulnerability?

By Mediacy Mudekwa Just a few months ago, none of us would have imagined that our world would come to a standstill. The very things we have always taken for granted are now nearly impossible to do. Travel, gatherings or even a visit to your favourite restaurant may be many days away. As some governments

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PMI sub-components tank: manufacturing during April lockdown at near standstill

The Business Activity Index of the Absa Purchasing Managers’ Index (PMI) survey crashed to an all-time low of a mere 5.1 index points in April 2020. The decline means that manufacturing output came to a near standstill during the nationwide lockdown, with almost all respondents reporting a decline in activity compared to the previous month.

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