Education Archives - Page 4 of 8

SA freight set to triple by 2030 due to costs of other modes

Leave a Comment / Category Management, Education, Logistics / Editor

Escalating road tariffs, increasing driver fees, rising maintenance costs and erratic fuel prices, along with the amount of long distance freight compared with Europe, are set to cause problems for South Africa’s logistics sector, according to Stellenbosch University’s Logistics Barometer. The current 781-million tons of freight moved is likely to triple over the next […]

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5 ways to improve supplier vetting

Leave a Comment / Education, Supplier Selection / Editor

Every day, supply chain management professionals are faced with the task of facilitating a credible and transparent networking business environment, one from which corruption, fraud, dishonesty and non-compliance are absent. “Businesses should never jeopardise the integrity and credibility of their supply chain management processes, even in their early start-up days,” advises Rudi Kruger, general

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10 Challenges that will transform global sourcing

Leave a Comment / Education, Procurement Strategy / Editor

Many challenges in the next 10 years have the potential to disrupt the dynamics of supply chains. Organisations that begin adapting to the new procurement landscape today will be poised to seize a competitive edge in the decade ahead. 1. Risk: By 2025, procurement risk management will move away from emphasising compliance to adopting

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The role of procurement – Reviewing the latest BEE Codes

Leave a Comment / BEE, Education, Procurement Strategy, Procurement Training / Editor

The role of procurement, much like finance, has fundamentally changed in organisations operating in the market today. The subtle, but significant nuances that underpin the changes in legislation and policy relating to Broad-Based Black Economic Empowerment (B-BBEE) and localisation, as captured within the Industrial Policy Action Plan (IPAP 7) and, more recently, the Agricultural

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Business-ready suppliers showcased at ABSA’s ED event

Leave a Comment / Education, Enterprise Development, Supply Chain Management SCM / Editor

Suppliers met with decision makers, black-owned and black-woman-owned businesses at the Barclays Africa inaugural Supplier Diversity Day hosted by Barclays Africa Sourcing and Enterprise Development in April 2015. The Supplier Diversity Day aimed to showcase diverse small and medium sized suppliers with potential to participate in sourcing opportunities over the next 6 to 12

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5 rules of deploying a successful procurement system

Leave a Comment / e-Procurement, Education, Procurement Strategy, Professional Development / Editor

According to Gartner, North American companies recently spent $1.4-billion (R16.8-billion) per annum on sourcing and procurement applications. For their investment companies seek two fundamental benefits: lowering costs for the goods and services they purchase; and making their employees more productive. However, are these companies receiving their money’s worth? A survey conducted by the Topline

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Supplier Development: New B-BBEE Codes forcing us to think outside the box

Leave a Comment / BEE, Education, Supplier Management / Editor

The new supplier development (SD) rules bring about changes to what was the norm for many years. While it was easy for companies to finance smaller businesses to earn points on their BEE scorecard without taking real responsibility for developing the supplier, the New Codes force companies to think outside the box and contribute

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Professional ethics – a key to effective procurement and supply

Leave a Comment / Education, Enterprise Development, Professional Development / Editor

A code of ethics helps to clarify a profession’s values, provides a point of reference for decision making and can be used as a framework for discipline. Most codes of ethics are principle-based, providing guiding principles on which professional judgement and decisions should be based, rather than prescribing a rigid system of rules, says

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Taking the sting out of procurement’s performance review

Leave a Comment / Education, Professional Development / Editor

Speaking to SmartProcurement, Tech-Pro has come up with a guideline on how to prepare for your performance review and minimise shocks or surprises. This is by no means a definitive rule book, rather it is a blueprint of some steps one can follow to get the most out of the performance review process. The

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How do supply chains perform against change management elements?

Leave a Comment / Education, Procurement Strategy, Supplier Management, Supply Chain Management SCM / Editor

In a recent survey, 36% of respondents confirmed that there is a controlled process to manage change in their supply chains. The remaining 64% said their companies react to change either when required to respond to market needs or when they see little or no development potential in their supply chains. The results of

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