Editors note: We thought it might be useful to procurement professionals to get some INSIDE INFORMATION FROM THE OTHER SIDE. This article is written by a consultancy specialising in advising sales people to deal with procurement. Enjoy!: “It has been said over the past couple of years that procurement departments are becoming increasingly powerful. They […]
Sales perspective: 5 tips on how to deal with procurement Read More »
Smart Procurement World is bringing its regional conference to the Free State. Partnering with the Free State Department of Economic, Small Business Development, Tourism and Environmental Affairs (DESTEA) has enabled Smart Procurement World to take its procurement and supply chain indaba into its fourth South African province. Since beginning in Gauteng in 2009, Smart Procurement
Free State welcomes Smart Procurement World Read More »
The seasonally-adjusted Purchasing Managers’ Index (PMI) declined to 46.2 index points in February 2019, down from 49.9 in January. “Despite the decline, the average recorded during the first two months of Quarter 1 of 2019 is slightly above the average seen in Quarter 4 of 2018”, noted the Bureau for Economic Research (BER) in its
February 2019 PMI down Read More »
Having more data generated in the last two years than in the history of mankind is an opportunity to recognise how analytics is a source of competitive advantage. Sammeli Sammalkorpi, Co-founder of procurement analytics solutions provider Sievo, shares some key points from a lecture presented at the London Business School.
Where the world of procurement is heading Read More »
Elaine Porteous clears up some common misconceptions about the ways in which procurement organisations can be structured as well as demystifies some of the associated jargon… Starting a new job can be both stressful and exhilarating. The people are different, the location is strange and the way they work is peculiar to that enterprise. There
Understanding the shape and cut of procurement organisations Read More »
The primary task of procurement is to provide the ‘right’ inputs for an organisation’s processes. The ‘right’ inputs are traditionally described as follows: – Inputs of the ‘right quality‘ – Delivered in the ‘right quantity‘ – To the ‘right place‘ – At the ‘right time‘ – For the ‘right price‘ These are often called the
The five rights of procurement Read More »
Direct feedback from frequent corporate travellers can be a powerful tool in the arsenal of a corporate travel procurement manager in their efforts to achieve better compliance and engagement, and to reduce the human cost of frequent travel. FCM Travel Solutions South Africa GM Nicole Adonis unpacks the importance of traveller feedback as a performance
Blockchain hype has spread like wildfire… “But it’s time for a reality check”, says Bertrand Maltaverne, Solutions Consultant, who helps organisations to digitally transform their procurement practices. Don’t — Don’t — Don’t — Don’t believe the hype Don’t Believe the Hype is a song by Public Enemy that dates back to 1988 and (if loosely
Blockchain will not save the world (at least not this year…) Read More »
It is now apparent that procurement can deliver an extensive value proposition in addition to traditional savings and compliance. Procurement has the potential to be a revenue centre, empower suppliers’ product innovation, manage risks, contribute to customer satisfaction and so much more. Traditional procurement strategy that pragmatically concentrates on return on investment (ROI) and the
The management of procurement value Read More »
If a municipality intends to explore the possibilities around effective and efficient procurement by adopting a more strategic approach, then it must place emphasis on taking proactive measures to improve the purchasing function. “It is not sufficient to rely on only those measures that would prevent things from going wrong; it would be time well
Procurement perspectives: exploring a more efficient procurement process Read More »
