After ending the third quarter on a downbeat note, the Absa Purchasing Managers’ Index (PMI) also had a poor start to the fourth quarter. The headline index dropped further to 45.4 index points in October, from an upwardly revised 46.21 during September. In terms of the major subindices of the headline PMI, the biggest drag […]
Absa Purchasing Managers’ Index October 2023 Read More »
It is “imperative” that procurement is at the heart of AI adoption, the World Economic Forum (WEF) has warned in a report published earlier this year. Unpacking the report here, is reporter with Supply Management magazine at Haymarket Business Media, Will Phillips, MA. Procurement is a “key enabler” in the adoption of artificial intelligence, and
Why procurement will be the ‘key enabler’ for AI adoption Read More »
Artificial Intelligence (AI) in procurement is growing in popularity due to the advancements in technology, writes Karen Bonifacio, SEO Specialist/ Content Writer at Procurement Tactics, in Utrecht, Netherlands. In this article, she answers key questions: what is AI and how does it change the procurement industry? Artificial intelligence is integrated into every device that is
AI Use Cases to Supercharge Procurement Read More »
Pre-Commercial Procurement (PCP) is a new procurement method that is gaining popularity in Africa. Here, COO of Commerce Edge in Johannesburg, Debbie Tagg, unpacks the concept and the advantages it brings. PCP involves a phased approach where several companies are invited to compete for a contract to carry out research and development activities to develop
Pre Commercial Procurement (PCP) Taking off in Africa Read More »
In today’s career driven society, getting an edge or a handle on your career often means turning to career coaching and mentorship to help get you on the right track, writes executive coach, leadership & talent strategist and founder / managing director of People Shop in Cape Town, Chantal Kading. The word “career” comes from
Nurturing Success through Career Coaching and Mentorship Read More »
Conditions in the SA manufacturing sector deteriorated at the end of the third quarter. This is according to the seasonally adjusted Absa Purchasing Managers’ Index (PMI), which declined by 4.3 points in September to 45.4. The soft reading for the headline PMI was driven by very weak demand and constrained production. In terms of the former, September saw
Absa Purchasing Managers’ Index (PMI) September 2023 Read More »
In this interview, Debbie Tagg of SmartProcurement speaks to Jothi David, Vice President of Indirect Spend at Massmart. Jothi is a business leader in her own right, with a proven track record in leading business transformation and setting up business transformation Centre of Excellence and Procurement functions for blue-chip companies across telecoms, financial services, retail and FMCG. She excels at creating
Talking to Jothi David Read More »
Procurement Tactics, a leading innovator in the procurement industry, has announced the launch of its groundbreaking Price Tracker tool, empowering procurement professionals to track prices of any web page with ease and precision. It allows you to enter any URL from the web, and the price tracker will scrape that page every 24 hours to
Procurement Price Tracker that can Monitor 4.3 Billion Prices Read More »
Do you know of someone or yourself have been recently promoted? Share the good news!
Movers and Shakers in Procurement Read More »
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) improved somewhat in August, rising by 2.4 points to 49.7, i.e., to just below the key 50-point mark. The increase in the headline PMI was driven by the business activity index, which jumped by almost 12 points to 50. This follows a large decline of almost 11
Absa Purchasing Managers’ Index August 2023 Read More »
