Commentary

Inaugural procurement conference attracts 260 professionals

The SmartProcurement World 2010 Conference brought 260 procurement and supply chain professionals from business and public sectors to Gallagher Convention Centre in November. SmartProcurement World (SPW) is a newly launched umbrella event hosting SmartProcurement’s annual SmartSourcing Conference and Public Sector Supply Chain Summit. Cees Bruggemans, Chief Economist of FNB, opened the plenary session and was […]

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What Pravin’s budget speech means for Procurement

Minister of Finance Pravin Gordhan outlined in his October budget speech some of government’s plans to amended poor procurement practices and combat fraud and corruption.Here follow the extracts from his speech as it relates to Public Sector procurement: 1) “We will be increasing the monitoring capability of government, aimed at early detection of fraud. Departments

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SA’s jobless could reach 45,5% by 2020

Estimates suggest that the number of jobless South Africans will increase from 6,2-million in 2010 to 16,8-million in 2020, consistent with an increase in the narrow unemployment rate from 25,3% to 45,5%, Loane Sharp, a director at Adcorp, tells SmartProcurement. The projected figure of 16,8-million in 2020 includes 5,2-million students aged between 15 and 24

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Fellowship number six makes for a claimed world first

Supply chain expert Dr. Douglas Boateng, a SmartProcurement Editorial board member, has accomplished a world first by being elected to his sixth concurrent fellowship. To date Dr. Boateng is the only known supply chain strategy authority in the world to be concurrently conferred with six elected fellowships from the world’s thought leading and foremost professional

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A difficult time for the construction industry – Enter Procurement

“Contest for tenders (in the construction industry) has become exceptionally fierce since the middle of last year” says Cees Bruggemans, Chief Economist at FNB, in his weekly economic comment column. He notes that “never before have so many civil contractors experienced lower volumes of work as in 2010. Although construction activity contracted at a somewhat

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Electric vehicle could spell the end of large portions of the auto supply chain

Aside from the ‘obviously disrupted’, namely the oil industry, when you analyse the effect that electric vehicles (EVs) will have on the extended automotive supply chain, it is probably in the interest of 50% of these suppliers that electric cars do not become widely adopted, writes Bernie van Niekerk, Publishing Editor of SmartProcurement and CEO

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Benchmark index analytics and modelling – a buyer’s checklist

Alan Low, of Purchasing Index (PI), tells SmartProcurement what managers should be asking when they review the marketplace and choose an expenditure modeling solution for their business. “As I write this article a double dip recession in the USA and parts of Europe hangs in the balance and the recent memory of 2008/9 sits in

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LPG price regulation may spell tough times for suppliers

While government’s regulation of Liquefied Petroleum Gas (LPG) should mean lower prices for energy buyers, there are concerns about the impact this will have on suppliers. It is anticipated that smaller players in the sector will find it difficult to adjust. Service levels may be influenced negatively as smaller businesses try and find ways to

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