Professional Development

How to keep Millennials in procurement

Running a leading procurement organisation is no longer just about attracting younger workers to supply chain and procurement careers. It is about keeping them there. Millennials are now the largest living generation, totalling 75 million, even overtaking baby boomers in size. By 2020, they are expected to represent 50% of the global workforce, too. But

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10 Traits of a successful ‘procurement entrepreneur’

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

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How will the National e-Procurement portal affect set-asides for small business?

While national treasury is pushing ahead with an e-procurement portal, questions are being raised about what has become of the 30% of procurement budgets set aside for small, medium and micro enterprises (SMMEs) that President Jacob Zuma announced in the 2015 state of the nation address. Last month, finance minister Pravin Gordhan said in his

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Supply chain law review aims to improve procurement efficiency

The Treasury is reviewing the entire legislative framework for supply chain management by the government with a view to developing a single procurement law, said Finance Minister Pravin Gordhan . The envisaged law aims to improve efficiency in the procurement environment and eliminate corruption, among other things. According to media reports, South Africa loses between

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How do we afford affirmative procurement?

  Wouldn’t it be great to lower the costs associated with preferential procurement? The unfortunate truth is however, that the total life costs associated with engaging historically disadvantaged suppliers are often unexpectedly higher than engaging in business as usual. With existing and looming charter obligations, preferential procurement has become a strategic imperative and organisations need

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World Bank helps Ethiopia modernise public procurement

 A $33-million fund to help the Ethiopian government modernise management of its public finance and procurement has been approved by the World bank. The group said that the fund, in the form of an International Development Association (IDA) credit, would allow Ethiopia to strengthen the effectiveness of internal control systems and ensure proper expenditure management

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Purchasing commodities to achieve more than BEE compliance

  The BEE Codes have been top of mind since the beginning of 2016, unfortunately it is for the wrong reasons. Recent headline-grabbing stories of unprecedented racial tension have revealed a greater need to intensify efforts to achieve real transformation in South Africa. Despite being seen as a complex technological commodity, the provision of printers

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Commerciality and the outlook of CPOs in uncertain times

  “In these tough times, procurement and supply chain functions need to be agile to take care of the opportunities that present themselves, said Clive Govender, former head of Supply Chain for Anglo American Platinum at the Smart Procurement World Western Cape Conference. There is considerable uncertainty in South Africa’s immediate future: economically, commodity prices

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