The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 50.9 in January 2017, up from 46.7 in December 2016. This was the first time since July 2016 that the index edged above the neutral 50-point mark, suggesting that the manufacturing sector started the year on a relatively solid footing. The rise in the headline […]
January PMI up 4.2 points to 50.9 Read More »
Changing jobs or even organisations can be daunting. Managing the change is a strategic process requiring a strong sense of visionary leadership, a clear picture of the objective and reasons and a strong process of communication and involvement. Sanet Shepperson, a Procurement Executive at Cell C, provides a ‘play book’ on how to walk in,
What to do in your first 90 days leading a procurement division Read More »
The seasonally adjusted Barclays Purchasing Managers’ Index (PMI) declined to 46.7 index points in December 2016 from 48.3 in November. This means that the manufacturing PMI remained stuck below the neutral 50-point for a fifth straight month. This is in stark contrast to the sustained upward momentum seen in global PMI figures since mid-2016. In
December PMI down by 1.6 points Read More »
The Purchasing Managers Index (PMI) reversed October’s losses and rose by 2.4 points to 48.3 index points in November, reports the Bureau for Economic Research. Despite the improvement, this was the fourth straight month that the index remained below the neutral 50-point mark, suggesting that factory sector output growth remains under pressure.
PMI up by 2.4 points Read More »
The seasonally adjusted Barclays Purchasing Managers’ Index (PMI) fell by 2.6 index points to 45.9 in October from a downwardly revised 48.5 points in September. The current level is at its worst since January and well below the neutral 50-point mark, which suggests that the manufacturing sector experienced a lacklustre start to Q4 2016.
PMI drops by 2.6 points Read More »
The Purchasing Managers Index (PMI) rose by 3.2 points to reach 49.5 index points in September. However, the September reading, as well as the average for Q3 2016, are below the neutral 50-point mark. The average reading for Q3 is well below the Q2 average, suggesting a slowdown in actual quarter-on-quarter manufacturing production growth
PMI up by 3.2 points Read More »
The seasonally adjusted Barclays Purchasing Managers’ index (PMI) declined by 6.2 index points to reach 46.3 in August 2016. The magnitude of the drop was somewhat surprising after the PMI remained above the neutral 50-point mark during the preceding five months, said the Bureau for Economic Research (BER).
PMI down in 2 consecutive months Read More »
Reducing costs is a common survival strategy for organisations to employ. But, as the economic situation deteriorates, what started as a doing away with coffee, printing paper or non-essential spares becomes organisational restructuring, which may translate into job cuts. Purchasing departments have not been spared the distress of this kind of cost management, yet
SAP functionality can relieve the pinch of your procurement group’s rationalisation Read More »
In preparation for the upcoming G20 summit in China this September, the Shanghai Environmental Protection Bureau (SEPB) issued an order for an estimated 1 000 factories within a 300-km radius of Shanghai to cut down production. This measure was enacted to reduce pollution before world leaders arrive for the event. So how will this
G20 Summit: supply chains disrupted for clear blue skies Read More »
The seasonally adjusted Barclays Purchasing Managers’ Index (PMI) fell by 1.2 index points to 52.5 in July. Despite the slight drop, the current level still signals that the sector experienced a reasonably strong start to Q3 2016 after a robust performance during Q2, reports the Bureau for Economic Research. The PMI remains in line with
PMI down 1.2 points, but began Q3 strong Read More »
