Risk Management

At risk of bad data

Data is only accurate when that accuracy can be proven and ignoring the effects of inaccurate and badly maintained supplier data has many detrimental effects on an organisation, Edward Smit, CEO of National Registry, tells SmartProcurement. Making a decision is an exercise in calculating risk, whether consciously or subconsciously in the decision-maker’s mind. Risk influences […]

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Is your supply chain ready for AARTO?

Whether or not the Administrative Adjudication of Road Traffic Offences (AARTO) has yet been implemented, your supply chain may face logistics and delivery difficulties if you have not put measures in place to cope with possible driver disqualifications under the new administrative framework. SmartProcurement has some suggestions. AARTO will work as follows: each traffic violation

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Do CPOs have a Duty of Care?

Buying and Procurement personnel comprise a significant chunk of annual international business commuters, which begs the question: are their respective organisations ensuring that they enjoy the same level of safety during their journeys as they do at the office? The legal principle that applies is that every employee is entitled to health, safety, security and

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Cost-cutting measures at the expense of strategic goals

How informed is your organisation about supply chain risks? Why should Procurement professionals only implement cost-cutting measures once they fully understand the ‘big picture’ aspects associated with supply chain risks? This is the third article in SmartProcurement’s World-Class Procurement Practice series, penned by Ronald Mlalazi (MCIPS), Commerce Edge Academy’s Edu cation Manager. This month’s article

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PPE procurement: understanding its full TCO

Personal Protective Equipment (PPE) is a subcomponent of the maintenance, repair and operational (MRO) expenditure of any large organisation. MRO expenditure is typically about 8% of large organisations’ total procurement expenditure. PPE represents 1% of total procurement expenditure, and can have more detrimental effects on an organisation than some of the other MRO sub-categories, Isak

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New Trend in Sourcing PPE Leads to Savings in Excess of 25%

A new trend in sourcing Personal Protective Equipment (PPE) offers savings in excess of 25%, Isak Marais, MD of specialist PPE consultancy, Bramhope, tells SmartProcurement. Through advanced use of technology, a dedicated PPE policy and vendor managed inventory, the procurement of PPE can be improved, says Marais. Marais holds an MBA from Henley Management College

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