The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 48.6 index points in November 2017. This was the fourth consecutive increase and brought the index to its best level since May 2017. However, the PMI remained stuck below the neutral 50-point mark for a sixth straight month, suggesting that the sector still faces headwinds.
PMI sustains rally for 4th consecutive month Read More »
Bound by the challenges of reducing costs, managing supplier risks and ensuring financial and regulatory changes in policies, chief procurement officers (CPOs) have a tall order. Sarah George, ERP/EPM Cloud Applications Business Development and Product Strategy Manager at Oracle, unpacks the changing digital face of the procurement office, in this month’s SmartProcurement.
The changing face of the procurement office – a digital revolution 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. In part 3 of the conversation with ScoutRFP, Greg talks tech and “self-service sourcing” in the final segment on changing sourcing behaviours.
Corporates, suppliers and travel management companies (TMCs) need to work together to help improve transparency and reduce the impact of fragmentation on costs and efficiencies. What is fragmentation? It’s when staff try to book travel within their travel policy but are forced to access different sites to source that travel other than the company’s preferred
Is fragmentation in corporate travel playing havoc with your policy? Read More »
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) continued its upward trend in October 2017, rising by 2.9 points to reach 47.8. This was the third consecutive increase and brought the index to its best level since May 2017. Nonetheless, the PMI remained stuck below the neutral 50-point mark.
October sees 5 major PMI subcomponents increase 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 »
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 »
Economic woes, political uncertainty and digital disruption might trouble your CEO, but it should delight the CPO. After all, procurement can perform best on a burning platform, says Guy Strafford, Chief Client Officer, Proxima Group.
Procurement shines brightest on a burning platform Read More »
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) improved to 44 index points in August, after slumping to its lowest level since 2009 in July (42.9 points). The improvement was broad based, with four of the five major subcomponents increasing in August. However, despite ticking higher, the key sub-indices remained below the neutral 50-point
August PMI improves from July slump Read More »
• 57% of Sub-Saharan professionals received a salary increase in the last 12 months• In a change from 2016, when the private sector reported the highest average salaries, last year’s top performer was the charity/not-for-profit sector• Men earn more than women at more senior levels, especially at advanced professional level where the pay gap
MCIPS-qualified professionals in Sub-Saharan Africa earn 38% more Read More »
