The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 52.2 index points in June from 54.8 in May. However, the headline PMI masks a worrying deterioration in demand and activity during the month. The business activity index signalled a contraction in output for a third consecutive month. Indeed, the average level for the second […]
Absa Purchasing Managers’ Index (PMI) June 2022 Read More »
Procurement is very old school. So, how do we drive change? If you are looking for a recipe, diversity is the first step, embracing the very thing that makes us human – our differences and emotional connection through purpose and values. This is the future of work across global supply chains because diversity, equity, and
Diversity, Equity, and Inclusion in Procurement Read More »
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 4.1 index points to reach 54.8 in May 2022. A month-on-month rebound was expected after the PMI lost more than 9 points the previous month as devastating flooding in KwaZulu-Natal and intense load-shedding hurt output and demand in April. However, the index did not recover
Purchasing Managers’ Index (PMI) May 2022 Read More »
This month SmartProcurement profiles Lerato Sebata, Category Manager: Marketing & Communications; and Intermediaries, with the Liberty Group, South Africa. Full name: Lerato Sebata Position: Category Manager Your organisation’s procurement expenditure: N/A Who does P & SM report to?: Chief Specialist: Category & Supplier Relationship Management Private sector or public sector?: Private sector
Procurement Leader: Lerato Sebata Read More »
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell sharply to 50.7 index points in April 2022. This is the lowest level of the PMI since July 2021 when unprecedented looting and rioting shook local production and demand. As was the case then, the decline in the headline PMI was due to a sharp drop
Absa Purchasing Managers’ Index April 2022 Read More »
With the breadth of challenges facing humanity, each new year gives us the collective opportunity to reflect on the progress we’ve made toward creating a more sustainable future for all. Lazar Armianov, EcoVadis Regional Sales Director, Northern Europe, Middle East and Africa, points out that those of us in the procurement space have a significant role
How You Can Help Accelerate the Sustainable Transition in the New Year Read More »
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased for a third consecutive month to reach 60.0 in March, up from 58.6 in February. The sustained improvement in the headline PMI bodes well for the continued recovery of the manufacturing sector after it was dealt a blow in the third quarter of last year. Indeed,
Absa Purchasing Managers’ Index March 2022 Read More »
Johannesburg Enterprise and Supplier Development expert and internationally-recognised thought leader on entrepreneurship, Hepsy Mkungo, spells out the commonalities and differences between small businesses and entrepreneurs that procurement specialists should know about. While both entrepreneurs and small business owners devote a huge amount of commitment and effort into their operations, there is a fundamental distinction between
Entrepreneurs & small business suppliers: Different but equal Read More »
Procurement specialists can fight fraud and corruption if they stand united, says South Africa’s Lerato Sebata, who is passionate about accomplishing a profession that is ethical, respectful and effective. It is International Fraud Awareness Week, and, as experts in the procurement industry, we play a pivotal role in reducing fraud by taking a strong stance
Getting ethics back into procurement! Read More »
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) recovered from December’s loss of momentum and rose to 57.1 index points in January 2022, following a dip to 54.1 in December 2021. The current level is in line with November’s reading, but above the average recorded in the fourth quarter of 2021 and reflects a strong
Absa Purchasing Managers’ Index January 2022 Read More »
