There’s a lot going on. The changing and challenging times we currently face are probably greater than they’ve ever been. What is the implication for procurement? What do we need to keep abreast of and continually work on? Duncan Brock, Director of the Chartered Institute of Procurement and Supply, offered his insights during his opening […]
What is affecting procurement? Where is the profession going? Read More »
The majority of CPOs are still reporting three levels down from the CEO. Enrico Rizzon, Partner, Procurement & Analytics, A.T. Kearney Australia outlines how procurement can build a strong business case! Procurement leaders in large corporations face a tough business environment. Facing low growth, disruption, increased competitive pressures from well-funded private equity firms and
How to train your CEO to get what procurement needs Read More »
Agencies working – or hoping to work – on major corporate accounts in the advertising, marketing and communications industry can no longer ignore or misunderstand procurement departments and their importance in winning both government and corporate clients. Johanna McDowell, Independent Agency Search & Selection Company (IAS) managing director, warns that the B-BBEE Amended Codes
Influence of procurement departments on marketers Read More »
Corporates that adopt a silo approach and view the procurement process merely as a method of obtaining goods and services to fulfil an internal need, have missed a trick. An effective procurement strategy can create considerable business value through process optimisation across each department, and achieve better cost reductions. According to research from global
Six tips to create a world-class procurement strategy Read More »
The problem of short-term focus is especially serious when dealing with long-duration procurement, for instance, in the case of a building. Stephen Bauld, a government procurement expert, unpacks the need for long-term thinking in the public sector.
Short-term focus on long-duration procurement Read More »
Recent studies by Stats SA indicate that the face of poverty in South Africa remains black, female and that of children below the age of 17. Furthermore, more than one in every two SA citizens can be officially classified as poor, said Gauteng Finance MEC Barbara Creecy at the Smart Procurement World conference in
Gauteng uplifting SMMEs through procurement Read More »
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 0.9 index points to 44.9 in September 2017. Despite the second straight improvement, the index remained well below the neutral 50-point mark for a fourth month. Encouragingly, the rise was supported by the key subcomponents, with four out of five increasing compared with August.
September PMI up, but still subdued Read More »
Trump labels it protectionism. The UK calls it Brexit. Other countries talk about local economic and manufacturing support. But whatever you call it, how do we continue to source effectively when traditional procurement is being disrupted along with almost every other industry or profession? By grasping procurement’s burning platforms and taking them as opportunities,
Procurement will find its value-add by grasping burning platforms Read More »
Greg Tennyson is the CPO of VSP Global, where he leads transformative change. He is the former VP and CPO (source-to-settle and expense-to-settle) at Salesforce and Oracle. Greg sat down with ScoutRFP. In part 2 of the conversation, Greg unpacks three ways companies can work to change sourcing behaviours – and gain street cred
Gaining sourcing street cred – Q&A with Salesforce and Oracle’s former CPO Read More »
In our third consecutive quarter of negative growth, it’s becoming all too clear that South Africa is well and truly facing some tough economic times ahead, and businesses are already beginning to suffer. According to Statistics South Africa, weak manufacturing and trade sectors led the recession, with falls of 3.7% and 5.9% respectively in
Small suppliers for big impact: optimising your supply chain in a turbulent economy Read More »
