Procurement Strategy Archives - Page 35 of 37

What are the South African scenarios in the current climate of economic turmoil?

Leave a Comment / Procurement Strategy / StaffWriter

In last month’s SmartProcurement Newsletter, we reported on the keynote address by internationally acclaimed scenario planner and popular motivational speaker, Clem Sunter, on the topic of “The China Game”. His address was delivered at the 2nd annual SmartProcurement Strategic Sourcing Conference that was held at the Irene Country Lodge in Centurion, Pretoria. This leg of […]

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World Class Operational Procurement: Electronic, XML & Other POs

Leave a Comment / e-Procurement, Procurement Strategy, Technology / StaffWriter

Part 6 of a ten-part series that examines key operational aspects of the so-called “Purchase to Pay” value chain by Independent Contributor, Peter Alkema – Head: Purchase to Pay at ABSA In Part 5 of this article series we looked in detail at the Purchase Order (PO), which is a standard output document used in

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New home grown procurement technology changes the rules of the game

Leave a Comment / Benchmarking, e-Procurement, Procurement Cards, Procurement Strategy, Technology / StaffWriter

63% of organisations researched by The Aberdeen Group placed ‘reduced cost of processing purchase orders and cheque payments’ as their primary goal for implementing a Purchase Card Program”, Julian Curtiss, Managing Director of Transaction Technology Solutions, told SmartProcurement. Figure 1: Top Pressures Driving Purchasing Card Initiatives A further 56% of organisations, as researched in the

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Effective & Efficient IT Procurement… more than hard bargaining.

Leave a Comment / Information technology, Procurement Strategy / StaffWriter

“Organisations spend up to 90% of their Information Technology (IT) budgets on external providers, but sometimes fail to get true value for their spend. This scenario makes the procurement process a critical area in IT as it is essential for organisations to get consistent value for their spent monies”, Deon Basson, MD of 2interact, told

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Powerful, next generation spend analysis service launched

Leave a Comment / MRO, Procurement Strategy, Spend Analysis, Supplier Management, Technology / StaffWriter

Purchasing Index (PI) is has announce the launch of a groundbreaking new spend analysis service, Spendtrak™, a next-generation technology that transforms spend analysis from “nice-to-have” to “must-have”. At a fraction of the cost of most older technologies, Spendtrak™ will immediately demonstrate superior value for money” Alan Low, Managing Director of PI, explained to SmartProcurement. “Spendtrak™

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World Class Operational Procurement: Committing the Funds – Anatomy of a Purchase Order

Leave a Comment / Compliance / Legal, Procurement Strategy, Supplier Management / StaffWriter

Part 5 of a ten-part series that examines key operational aspects of the so-called “Purchase to Pay” value chain by Independent Contributor, Peter Alkema – Head: Purchase to Pay at ABSA “Until such time as a Purchase Order (PO) is created by the customer and received by the supplier, no legally binding purchase process has

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Still Circumventing the Procurement Process?

Leave a Comment / Procurement Strategy, Sourcing Strategy / StaffWriter

Many companies have a Strategic Sourcing Department, however, many Business Units (BU’s) still try their best to circumvent the process by procuring products and services as they have done in the past. What is the reason for this and how do we change this mindset? “Strategic Sourcing is not a new concept in the industry.

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World Class Operational Procurement: Effective Requests & Approvals processes

Leave a Comment / e-Procurement, Procurement Strategy / StaffWriter

Part 3 of a ten-part series that examines key operational aspects of the so-called “Purchase to Pay” value chain by Independent Contributor, Peter Alkema – Head: Purchase to Pay at ABSA The request for goods and / or services marks the beginning of the actual Purchase-to-Pay process in the organisation. There will be a stated

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Sustainable Procurement: What is it & why is it of crucial importance?

Leave a Comment / Procurement Strategy / Editor

Sustainable procurement and the global impact that it has on supply chains worldwide was one of the primary themes at the recent IPSA / CIPS Pan African Conference that was held on May 20 – 21, 2008 at Emperors Palace in Johannesburg. The Conference, entitled “Procurement in the Global Marketplace – Opportunities and Challenges”, was

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New SearchLight Launched: The next level in Description Based Spend Analysis

Leave a Comment / Procurement Strategy, Spend Analysis, Technology / bernievn

The latest version of Searchlight, a description based spend analysis tool has just been launched. “The new version of SearchLight takes spend analysis to the next level,” Marc Silberbauer of Marshan Technologies told Smart Procurement. “SearchLight Description Based Spend Analysis software is designed to analyse purchase order transactions by reading descriptions,” says Silberbauer. “It

New SearchLight Launched: The next level in Description Based Spend Analysis Read More »

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