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New International SCM qualifications launched

New International SCM qualifications launched

As an unprecedented 2020 trickled into 2021, it has become abundantly clear that competent and proficient supply chain management is a major catalyst when it comes to sustainable economic growth. With this in mind, the IMM Graduate School has added two new, cutting-edge supply chain management qualifications to their offering: a Higher Certificate in Supply […]

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Sales trends for 2021: procurement needs to be solutions salespeople too

Sales trends for 2021: procurement needs to be solutions salespeople too

“One of the sales trends for 2021 is procurement needs to be solutions salespeople too,” says By Sue Barrett, Founder and CEO of www.barrett.com.au and www.salesessentials.com Times are, indeed, changing with the procurement function becoming increasingly important as a conduit, an orchestrator if you will, for the co-creation of value with suppliers and internal stakeholders

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Perfect delivery: the new rules for survival, innovation and growth

Perfect delivery: the new rules for survival, innovation and growth

By Steve Banker, Vice President: SCM, ARC Advisory Group Customer loyalty begins with excellent service and timely delivery. Companies have come under pressure to unify their buying experience across channels, capture orders easily, and deliver them rapidly and accurately. When it comes to gauging the loyalty of an organisation’s customer relationships, the net promoter score

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PMI: December

PMI: December decline suggests manufacturing growth/recovery levelling off

The seasonally-adjusted Absa Purchasing Managers’ Index (PMI) declined further to 50.3 index points in December 2020, down from 52.6 in November. This is the lowest level since July 2020. The reading just above 50 index points suggests that growth is levelling off in the manufacturing sector after solid month-on-month gains were recorded in the wake

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PMI push eases in November – manufacturing recovering, but needs greater demand

The Absa Purchasing Managers’ Index (PMI) declined to 52.6 index points in November from the solid 60.9 points recorded in October. The decline comes after three consecutive upward moves and brings the index to the lowest level since July 2020. While still signalling an improvement in business conditions, the drop suggests that the manufacturing sector’s

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Procurement perspectives: leadership in procurement is vital to organisations

By Stephen Bauld The COVID-19 pandemic looks like it is entering the next phase. We could be looking at a long time before we get back to the new normal and leadership in procurement will help to shape the wellbeing of organisations moving forward. The argument that organisations need to begin now to train their

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PMI climbing, but manufacturing levels still below pre-pandemic levels

Following a robust increase in August 2020, the Absa Purchasing Managers’ Index (PMI) ticked up further to 58.3 index points in September. The shift to a lower lockdown level mid-month likely drove the further improvement in business conditions in the local manufacturing sector. However, the Bureau for Economic Research (BER) cautioned that the fact that

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How can Procurement best align with Finance right now? A CFO perspective

Right now, as the COVID-19 pandemic takes its toll on jobs, consumer spending and the global economy, many businesses are scrambling to adjust to a new financial reality. They are also coming to terms with the fact that the path to recovery remains long and mostly uncertain. Experts, including Deloitte, predict that the United States

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Reinventing procurement: the case for new operating models

In late July, Digital Procurement World (DPW) brought together some of the world’s most progressive chief procurement officers (CPOs) for a virtual roundtable discussion on how the ever-changing digital environment can help procurement challenge the status quo and design operating models that deliver both innovation and value. Matthias Gutzmann, Founder of DPW, gives us the

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