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Leadership profile: Sese Chasakara – South African Reserve Bank

  This month SmartProcurement profiles Sese Chasakara, Chief Procurement Officer at the South African Reserve Bank Full name: Sese Chasakara Position: Chief Procurement Officer Your organisation’s procurement expenditure: Sizable Who does P & SM report to: Group CFO Hear from Sese Chasakara at the Smart Procurement World Conference in September. He will be a panellist […]

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Changing behaviours in sourcing – Q&A with Salesforce and Oracle’s former CPO

  CPO of VSP Global Greg Tennyson 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 to discuss sourcing’s ever-evolving relationship with business – he talks culture, Moolah (the spend-it-like-its-yours monster) and how CPOs can work with the pace of change at an organisation

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How can procurement prepare SMEs to engage with corporates?

  “They won’t even talk to me, now” David said with a sigh, and to punctuate his mood, spread his hands on the desk in front of him in resignation. David is a small supplier that was selected to participate in a corporate enterprise supplier development (ESD) programme. Following the completion of the 12-month contract,

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Building collaboration frameworks in supply chains

  Supply chain management concerns itself with recognising, acknowledging and managing key business linkages and relationships. To achieve this, collaboration is the order of the day. But while collaboration is an admirable business objective, it can prove difficult to attain. To reach it, it is important to have a strategic framework to establish and improve

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Blockchain’s impact on procurement and procurement professionals

Is your procurement team ready for Blockchain? Michael Shaw, Chairperson of the American Council of Sourcing and Procurement Executives, explains in this month’s SmartProcurement, that Blockchain – more commonly referred to as the Internet of Value, or Internet of Trust – will mature in five to seven years.

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Procurement is about to get smarter, faster and more efficient

  A ‘cognitive procurement’ solution is set to redefine the source-to-settle process. The solution delivers intelligence from procurement data – together with predictive insights from unstructured information – to help make decisions in supplier management, contracts and sourcing activities.

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Supplier transformation initiative in engineering and manufacturing to be introduced

  A transformation initiative for small businesses in engineering and manufacturing, the Empowered Engineering and Manufacturing Initiative (EEMI), will be launched in September. The initiative is a collaboration between Smart Procurement World, the Absa Enterprise and Supplier Development Expo and the Steel and Engineering Industries Federation of Southern Africa (SEIFSA). The initiative is positioned as

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9 success factors for implementing a procurement transformation project

  More South African organisations are starting to recognise the value that procurement transformation initiatives bring to the bottom line. Successful procurement transformation projects reposition the source-to-pay process for success, across the entire organisation. The entire source-to-pay process is made efficient and highly collaborative, providing organisations with a competitive advantage. Procurement transformation can be defined

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What is procurement’s future in the 4th Industrial Revolution?

  The fourth Industrial Revolution, characterised by a fusion of technologies that is blurring the Iines between the physical, digital and biological spheres, builds on the digital revolution (known as the Third Industrial Revolution) that has been occurring since the 1950’s, said the World Economic Forum. ‘4IR’ has seen the emergence of technologies in procurement,

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