The telecommunications industry is evolving at tremendous pace. Nokia predicts that in 2025 the number of connected devices in the world will have risen from less than 10-billion to around 50-billion. These will include machines such as cars and household appliances that will communicate with each other. “Today, most data sets are generated by human […]
Bringing demand planning to board level Read More »
There are several parallels between games and business strategy. Gordon Donovan (FCIPS), Group Director: Procurement and Supply, Epworth Healthcare, wonders what we could learn about procurement from games and, as such, takes a look around the world wide web to find out more. Join us at Smart Procurement World Western Cape on 9 & 10
What can board games teach us about procurement? Read More »
How can procurement create value beyond cost savings? David Millington, Certified Supply Chain Professional, Next Level Purchasing Association, offers ten procurement value creation ideas in this month’s SmartProcurement. Join us at Smart Procurement World Western Cape on 9 & 10 April for a discussion on reaching true partnerships with strategic suppliers. Sanet Shepperson (Executive Head:
10 procurement value creation ideas Read More »
How do you achieve effective procurement − by affording all departments the opportunity to purchase directly? What are the risks of such an approach and how can you reduce such? Most mid-sized and big businesses already have a dedicated department responsible for providing the company with everything from paper to spare parts for production-line repairs.
4 reasons to get your whole business to do procurement Read More »
By Mira Ristovich, Founder of MRC, a consulting firm that assists with various end-to-end projects, and Senior Associate at Bespoke Group Africa, an organisation dedicated to the strategic procurement outsourcing of projects. Two decades after I began my work in procurement (I was involved in business performance management and measurement prior to joining the procurement
Is not spending, a saving? Read More »
As we move towards a new decade, is the emphasis in the procurement world changing? Are we going to see a new age where the ‘Art of Procurement’ comes to the fore? Peter Smith, Chief Officer of Procurement Excellence and European Director, Public Spend Forum, deliberates the topic.
Is procurement more art than science? Read More »
The Millennial Generation represents one of the greatest potential influences and challenges to managing talent in the next year or two. Hackett’s 2016 Procurement Key Issues study revealed that talent management remains one of the top-three critical or major areas of focus for virtually all procurement organisations. The two perennial favourites, category management and strategic
Planning procurement’s response to the Millennial Generation Read More »
Smart Procurement World is bringing its regional conference to the Free State. Partnering with the Free State Department of Economic, Small Business Development, Tourism and Environmental Affairs (DESTEA) has enabled Smart Procurement World to take its procurement and supply chain indaba into its fourth South African province. Since beginning in Gauteng in 2009, Smart Procurement
Free State welcomes Smart Procurement World Read More »
Elaine Porteous clears up some common misconceptions about the ways in which procurement organisations can be structured as well as demystifies some of the associated jargon… Starting a new job can be both stressful and exhilarating. The people are different, the location is strange and the way they work is peculiar to that enterprise. There
Understanding the shape and cut of procurement organisations Read More »
The primary task of procurement is to provide the ‘right’ inputs for an organisation’s processes. The ‘right’ inputs are traditionally described as follows: – Inputs of the ‘right quality‘ – Delivered in the ‘right quantity‘ – To the ‘right place‘ – At the ‘right time‘ – For the ‘right price‘ These are often called the
The five rights of procurement Read More »
