In a globalised economy, inflation no longer has any borders, points out Professor Mustapha El Khayat, Professor Emeritus, President of AMLOG, Université Hassan II Mohammedia, and AMLOG, France, Vice president of FAAL, as well as the author of several transport logistics publications. In this article he makes the case for the cost of maritime transport […]
Maritime transport costs hit developing countries hard Read More »
Innovating your supply chain process with a procurement marketplace is no longer optional, it is essential. In this article provided by Dooka South Africa, the case for digitisation in supply chain is shown to be irrefutable. The business world is often slow to warm to new ideas, especially when they disrupt processes that have existed
B2B Marketplaces Here To Stay Read More »
Where are you on your digital journey, and what barriers do you need to overcome within your organisations? Lubos Libiak, Customer & Delivery Executive at Cirtuo in the Czech Republic, shares with SmartProcurement his concern that many organisations have the budgets available, yet they’re still unable to advance on their digital journey. Businesses in Africa
Obstacles on the road to procurement digitisation Read More »
The digital transformation of procurement is well underway, and any organisation that is clinging to analogue procurement in today’s digital world, is in danger of extinction, warn experts. This was one of the key messages from the procurement maestros who shared their insights with over 150 IT and professionals who gathered online for the third
Digitalise Procurement or Risk Extinction Read More »
If any department needs 20/20 vision, it’s procurement. But most of us are buying blind, without the information we need at our fingertips. Top executive at Sievo, Finland-based global leaders in procurement analytics, Sammeli Sammalkorpi, says A1 technology is the answer.
Procurement is buying blind Read More »
By Jasmiina Toikka, Head of Content Marketing, Sievo Category Management (CM) is a strategic approach to procurement where organisations group together similar areas of external spend to identify consolidation opportunities and create added business value. Approaches like this were originally designed for project-based sourcing of goods and services. Category management has grown to include much
What is category management? Updated definitions and best practices Read More »
By Sarah Scudder, President and Chief Revenue Officer, Real Sourcing Network Tail spend presents a classic Catch-22 for sourcing and supply chain professionals: bringing tail spend under professional management can produce direct cost savings, but it can also lead to higher indirect procurement costs…
How print e-sourcing helps solve the tail spend Catch-22 Read More »
By Sarah Scudder, President and Chief Revenue Officer, Real Sourcing Network Every year, companies spend billions on packaging for their products. According to a recent research report by Smithers, the value of the global packaging market was $917-billion in 2019. It will grow to $1.05-trillion by 2024. The cost of packaging depends greatly on the
E-Commerce growth makes effective packaging procurement critical Read More »
By Moses Manuel, Lecturer in Business, Legal and Development Studies, and Founder of Zerite Network Purchasing and supply management is not an entirely new concept to most people. Take a look at the first part, purchasing: we all undertake purchasing, be it data for your mobile phone, food, clothes, etc. Purchasing and supply management is
Purchasing and supply management: the important difference that you must know Read More »
By Bill Huber, Partner: Digital Platforms and Sourcing, Information Services Group One of the most common questions enterprises ask about software spend is whether they should benchmark the discounts they receive from software publishers. Whether they are buying from Microsoft, Oracle, SAP, ServiceNow, IBM or others, the presumption is that a higher discount is better,
The fallacy of discounts in software negotiations Read More »
