A procurement and supply function that does not have a good understanding of how to identify, mitigate and avoid supply chain risk is itself a significant risk for an organisation. This is just one of six internal risk influencers highlighted in a CIPS good practice guide for developing end-to-end supply chain resilience in organisations. […]
Failing to identify supply chain risk is a business risk in itself Read More »
It is South Africa’s equivalent to the proverbial $640 Pentagon toilet seat — a paper binding machine that the government buys from its suppliers for the rand equivalent of almost $2,000, about 13 times what it should cost. Chief Procurement Officer Kenneth Brown cited the binding machine as an example of the massive waste that
Overpricing is where government’s real leakage sits, says Treasury’s Kenneth Brown Read More »
Treasury’s cost-cutting drive has pitted it against other government departments. Chief Procurement Officer Kenneth Brown has drawn criticism from politicians who are unhappy with his investigations of procurement, said Ralph Mathekga, a political analyst at the Johannesburg-based research group, the Mapungubwe Institute of Strategic Reflection. In September the Treasury said it rejected a request
Cost-cutting drive has pitted Treasury against government departments Read More »
The Gauteng provincial government (GPG) hosted its first open tender seminar showcasing the progress the province has made in rolling out its open tender project over the past two years. The event was also aimed at encouraging other provincial governments and municipalities to adopt the process. “We took the decision in 2014 that it
Open tender process shines light on procurement Read More »
The government’s procurement policy will be overhauled in a bid to support black and small businesses, said President Jacob Zuma. ”The buying power of the state is a powerful economic tool. It can and must be used to advance black economic empowerment, ” said Zuma, speaking at a Black Business Council dinner in September.
ZUMA – Major BEE procurement shake-up Read More »
Since the Broad-Based Black Economic Empowerment Commission, which investigates fronting and other abuses, was established in April 2016, some 96 complaints have been lodged. However, it is still too early to draw any conclusions from the complaints, said commissioner Zodwa Ntuli. “We will only be able to give judgment after we have investigated each
BEE Commission notes 96 complaints – Fronting claimed Read More »
The city of Tshwane has opened its tender processes to the public in a bid to make them more transparent, said mayor Solly Msimanga in September. “Corruption in tenders happens behind closed doors when politicians sit and make multi-million rand decisions. Now I have opened the doors to the public, and I encourage the
Tshwane opens tender process to the public Read More »
As the second day of Smart Procurement World conference unfolds, more than 1000 visitors have come through to equip themselves with knowledge about procurement, supply chain, enterprise development and how to support Small, Medium and Micro Enterprises (SMME). “Google can give you so much, but by attending this conference, I am hoping to find
Visitors and exhibitors flock to the Smart Procurement World conference Read More »
The Treasury is rethinking the draft preferential procurement regulations it published in June, and there is a possibility the revised version could claw back some of the more generous provisions for enhanced black economic empowerment. “The latest revision of the regulations is expected to be submitted to Finance Minister Pravin Gordhan in September and
Public Preferential Procurement regulations being revised Read More »
Online trading platfrom, the Business World, is listing more than 100 business contracts a day. Aimed at developing small suppliers and linking them with business opportunities, Business World has vetted and registered more than 10 000 companies. “Registrer on the portal at no cost until the end of 2016,” says Petra Rees, Managing Director
Trading portal links small suppliers with procurement functions Read More »
