Author name: bernievn

Only 30% of promised Procurement savings actually achieved – Time to cut the budget?

“How an organisation measures procurement savings is usually a topic of considerable debate. Of equal interest is “How does Procurement influence / make the savings happen?” says Alan Low of Purchasing Index. “Savings that are promised but not actually realised are becoming increasingly “hot” topics for senior management (and for Procurement).” He mentions a recent […]

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Home-grown technology offers fix for government spending woes

Inadequate or ineffective financial controls have been a serious problem in many national and provincial government departments, with the Auditor General repeatedly highlighting problems of overspending, inappropriate or fruitless spending and underspending. The solution, according to Fraxion MD Stanton Jandrell, is to automate the financial management process as far as possible to enforce compliance without

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CEC acquires local World Class procurement training provider

Commerce Edge, a provider of World Class Procurement training solutions, has sold a majority stake in its South African business to CEC (Cutting Edge Commerce), a leading BEE supplier of Procurement information, analysis and consulting services… “The deal improves Seta Accredited Commerce Edge’s BEE (Black Economic Empowerment) rating (the company is now a level 4

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Spend management beyond the obvious: implementing best practice

“Organisations that want to get control of their spending need to move away from an accounting mindset to one that understands where spending starts: in the heads, and on the desks, of ordinary managers and employees,” Stanton Jandrell, CEO of Fraxion, told Smart Procurement. “Almost every organisation that spends money – from businesses through government

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Do’s and don’ts when developing Office Automation tenders

“By rights, the issuing of a tender should mean the company is serious about placing orders – after all, respondents approach tenders with a belief that the company has realised a pressing need for the equipment, system and or services in question,” Billy Bell of Bell Output Strategies told Smart Procurement. “However, in many instances

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Updated: Generous BEE compliancy allowances for Small Business

With the release of the final BEE Codes of Good practice=, the government has listened to small and medium business concerns about their difficulty in becoming compliant Johan Giliomee of NERA tells Smart Procurement. “Their biggest complaint has been that they do not always have the resources and money to become compliant and that a

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Taming travel expenses? Boost your compliance!

Although travel expenses account for a significant – and rising – portion of a business’ s operating expenses, it remains one of the most difficult to manage or control. This results in unnecessary costs, says Warren Tanner-Ellis, general manager, Travel Management Solutions at MWEB CommerceZone, a provider of hosted e-Procurement solutions and services. “These costs

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Local e-Procurement provider grows to 100 000 procurement transactions a month

E-Procurement as a solution in the South African marketplace is steadily gaining ground, growing not only in transaction value, but also in transactions volume and the number of suppliers, Philip Katz, Managing Director of e-Procurement provider mymarket.com told Smart Procurement. Reflecting back on the early 2000’s when e-Procurement started out in South Africa he says:

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True cost of Staff Recruitment exposed

If you asked your Human Resources Department how much staff recruitment really costs your organisation the real cost can be much higher than imagined. Elaine Porteous, an Independent Procurement Consultant tells Smart Procurement that there are many costly “hassle factors” both internally and externally that are usually not accounted for. She says the following issues

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Lonmin Platinum uses Description-based Spend Analysis software to Support Strategic Sourcing

Lonmin Platinum’s Procurement Centre of Excellence has moved away from manual spend analysis efforts, using spreadsheets, to an automated solution using CCI-Growthcon’s Description Based Spend Analysis (DBSA) software. Tony Davey (Head of the Lonmin Platinum, Procurement Centre of Excellence) explains that “we are being placed under increased pressure to obtain good quality products and services

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