Professional Development

9 skills for a successful career in procurement

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 […]

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The evolution of Procurement Cards into payment streamliners

  Over the many years that the Procurement Card has been used in the market it has changed from being a payment mechanism to being a purchasing tool that significantly supports strategic procurement activities. "It is a thrill to see that, as the world and the way business is done changes, the P-Card has been

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Market knowledge is power in procurement

  Effective procurement management requires procurement managers to approach their roles with a high-level view of supply markets and components that affect them. This is owed to the evolving role and nature of supply chains and the fact that players are increasingly embedded in complex and globally dispersed supplier networks. Supply chains are increasingly multi-tiered

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How can procurement capture value from today’s low-energy market?

  Insight Sourcing Group’s Tommy Greer and Spend Matters’ Pierre Mitchell discussed how high-performing procurement organisations are managing their energy expenditure and the top four ways that you can drive down energy costs. Enterprise energy management is focused on four primary value levers that drive sustained savings and transformation. Certain of the ‘levers’ cannot be

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Radical recruiting for procurement

  Procurement, once a home to tactical order-processing work, then a professional centre of excellence for supplier interaction, has evolved into a multi-faceted hub for facilitating internal-external synergies between company stakeholders and the supply base. In short, human interaction has become much more of a focus for the profession. Consequently, some organisations have changed the

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“Ghana needs professional procurement practitioners”

  Ghana needs professional procurement practitioners to salvage the country from corrupt practices in its economic transactions, said Chairman of the Advisory Board of the Chartered Institute of Procurement and Supply-Africa, Prof. Douglas Boateng.

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5 steps to totally transform your procurement department

  Effective purchasing is very much a case of sorting out your priorities says procurement transformation expert Paul Joesbury, as he lists the five ways you can successfully change the way your department works. Paul Joesbury began his talk at IMPA London by stating that purchasers have the best job in the organisation by far,

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Expectations high for 3rd Annual Smart Procurement World Western Cape

What can can delegates expect from th  from 3rd Annual Smart Procurement World Western Cape conference being held from March 1-3 2016? Mediacy Mudekwa, SmartProcurementWorld Content Manager, tells us that:  “The summit will deliver big ideas regarding the function of procurement as a strategic partner to the organisation, what is the value that procurement can add?

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Why is change management important for procurement and supply chain professionals?

  The only thing that stands between success and failure for an SME or QSE is opportunity. For suppliers to be defined as excellent, as trusted and the “go to supplier”, they have had to be provided with opportunities to perfect their craft. Opportunities as it takes time, effort and continuous improvements to master a

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Procurement’s role in keeping your SAP material master data honest

  Will the company that has reasonable material master data please stand up!? SAP’s material master data, without a doubt, is the bane of any Procurement Manager’s existence. This will also not be news to any manager in purchasing, with most companies despairingly accepting that master data always has and always will be an insurmountable

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