Making a significant impact on an organisation and its key stakeholders is statistically likely to end in failure: it is a pattern that has been repeated for decades and the reasons are many and complex. However, by applying some key strategies, the potential for success can be improved significantly, writes Ian George, from the […]
To transform procurement, stop thinking about procurement Read More »
Smart Procurement World celebrates a landmark year in its history this year. “We are celebrating 10 years of serving the interests of procurement and supply chain professionals in South Africa. Smart Procurement World would like to say ‘thank you’ for your unwavering support over the years,” said Mediacy Mudekwa, Head of Content, Smart Procurement
Smart Procurement World celebrates 10 years serving procurement and SCM Read More »
The inaugural Smart Procurement World KwaZulu-Natal conference saw more than 467 attendees, 41 exhibitors, 223 SMMEs and 169 delegates hosted at the conference.
Smart Procurement World debuts in KZN Read More »
Chief Procurement Officers (CPOs) have a very short window of time in which to make their mark at a company (the average tenure of a CPO is less than five years), and the terms of engagement are brutal: corporate mandates to reduce costs in the supply chain set up procurement officers for failure since
Focus on value, not cost, to beat odds Read More »
What is ‘Entrepreneurial Procurement’? How can the term entrepreneurial be applied to people who are working for large organisations? (Most are in procurement) Surely being entrepreneurial is about coming up with a new idea and building a business from the ground up? “That is the conventional view of an entrepreneur, but in the context that
10 Traits of a successful ‘procurement entrepreneur’ Read More »
1. Project Management Skills At the core of procurement, there needs to be a competency in project management. Procurement is a culmination of many different activities that produce a finished product. A procurement professional initiates, plans, executes and monitors the project through to completion. The best people to work in procurement are organised enough to
9 skills for a successful career in procurement Read More »
Be sure to lay groundwork for open ongoing communication among the departments partnering with procurement It has become clear that the most effective procurement departments not only rely on their own departmental capabilities and resources, but also leverage internal partners to support their work. Below is a series of best practices that procurement leaders
How can procurement executives build a winning internal strategy? Read More »
National Treasury will establish and administer the Central Supplier Database (CSD) on behalf of all departments, constitutional institutions and public entities. The CSD serves as one single source of supplier information to all spheres of government. National Treasury has not yet confirmed an exact date, but certain reports have speculated that all suppliers to
Complying with National Treasury’s Central Supplier Database Read More »
Businesses today have more exposure than ever before to trade, investment, jobs, people movements and especially flow of information. This represents a threat to some and an opportunity to others, says Lisa Malone, General Manger at Procurious in this month’s SmartProcurement. “Opening our companies up to a globally connected market has had enormous commercial
Five Disruptive Forces Keeping CPO’s Awake at Night Read More »
Reputable brands attract good suppliers, valuable partners and strong customers. They enjoy a positive public image and are seen as the benchmark for other players in their respective fields. But it is not only clever marketing and strategic public relations efforts that give prominent brands around the world their position at the top. “A
Mitigate supplier risk to safeguard your brand Read More »
