SmartProcurement is a niche online communications and media service for procurement & supply practioners across all sectors of commerce & industry and, in both the private & public domains. As a member of the Commerce Edge Procurement Coaching and Training Group ( since 1998), we are assured to provide you with cutting edge content, […]
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Cabinet has approved the codes of good practice on broad based black economic empowerment and they are expected to be gazetted early next year, according to the Department of Trade and Industry’s deputy director general Lionel October.
BEE Codes approved by cabinet – small suppliers excluded. Read More »
Since it was launched three months ago, 463 procurement professionals have joined our Procurementtips.com forum. Vigorous debate (sometimes international) has commenced over posts such : “What do procurement professionals get paid?”, “The use of Purchasing Cards in government” and “Selling procurement to the organisation”. Below is a collection of links pointing to the most popular
Procurement Professionals happy with Pay. Read More »
Purchasing Index is launching its international Procuretrak service locally, aimed at benchmarking Procurement leading practices in increasing detail. The attached graph compares the amount of spend controlled by purchasing to best in class companies. Alan Low, Managing Director at Purchasing Index told Smart Procurement that” “Updated reports every 6 months, incorporating participating members’ own information,
New procurement best practices Benchmark Service launched Read More »
At the time of publication, the South African cabinet had (AT LAST!) approved the final revised form of the Codes of Good Practice on Black Economic Empowerment (the Codes). Whilst going through a number of incarnations, periods of public commentary and reviews, the final form still holds the potential to yield its fair share of
Supplier BEE Self Assessment – Will verification be done away with? Read More »
While some businesses spend millions every year on basic office groceries such as coffee, tea, cleaning materials and other everyday commodities, very few manage their spend on these essential items effectively. “It’s easy for anyone in the organisation – from a driver or messenger to the chairman’s personal assistant – to quickly go to the
Case Study: e-Procurement brings expenditure on office groceries under control Read More »
E-Procurement technology has assisted South Africa’s largest private healthcare network Netcare to cut the time to procure CAPEX items from 3 months to as little as three weeks. The company’s Buynet solution (Powered by local provider mymarket.com) is now used by more than 3500 users, 250 suppliers and 43 sites. The company processes as many
Netcare e-procurement cuts CAPEX cycle time by 66% Read More »
Does your company buy from non-BEE suppliers when a BEE supplier could have been used? Cape Town based CCI-Growthcon have developed an innovative approach to ensure maximum utilisation of BEE suppliers based on their description based spend analysis software – available monthly on a bureau basis. According to Marc Silberbauer of CCI-Growthcon “On a monthly
BEE procurement compliance “Bureau” service launched Read More »
In organisations in which executives with approval authority are often out of the office, e-Procurement functionality is extended to enable the executive to approve a purchase request via SMS. Says Arthur Benting, IT manager at MWEB CommerceZone, a hosted e-Procurement solutions provider, “It won’t matter if the executive is out of the country or without
Using SMS’s to control the procurement process and boost governance Read More »
The South African economy in all its diversity, presents BEE Verification Agencies with a reality that differs substantially from the corporate standard envisioned by the authors of the BBBEE Codes of Good Practice. “This is not to say that Verification is critically affected, or that adherence to the codes becomes impossible, but rather that both
Current procurement systems and practices will fail BEE verification requirements. Read More »
