“Procurement fraud happens within the entire value chain of organisations. Because decisions are made on every level, some procurement officials get a chance to manipulate the system, and accept bribes,” says Lebogang Letsoalo, Director at Sincpoint Pty Ltd.
Procurement fraud – why does it continue to thrive? Read More »
In this month’s SmartProcurement, Crest Advisory Africa’s Nico Snyman outlines a case-study on supply chain risk assessment. Crest Advisory Africa (CAA) recently performed an Online Supply Chain Risk Assessment (OSCRA) on a site within the Gauteng area for a leader in the construction environment who works with a number of value chains and supply chain
Case study: Supply chain risk assessment Read More »
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 »
Measured according to different dimensions of supply chain risk, South Africa was ranked 42nd out of 130 measured countries and territories in 2016. Insurer FM Global’s Resilience Index ranks countries most and least exposed to different dimensions of supply chain risk, having measured their resilience to supply chain disruptions. The survey data examines nine
SA 42nd for global supply chain resilience Read More »
It took Western Cape Premier Helen Zille years in government to learn that South Africa is the only country in the world that has developed the concept of a ‘clean audit’. And there is a good reason why other countries have not; trying to achieve a clean audit can actually become a stumbling block
The trade-off between clean audits and innovative government Read More »
Owed to increasing globalisation, organisations are doing business with partners outside of their traditional comfort zones, complicating supply chains with an array of risks and variables that must be managed to avoid disruptions like quality issues, shipment delays or product shortages. Deciding on the best approach to reduce global supply chain risks has long
How collaboration reduces global supplier risks Read More »
What would be the point of business if it were not for customers? With the growth of technology and the rapid exchange of information, consumers are taking advantage of their role in commerce. They are becoming more informed, astute and prudent with their purchasing power now more than ever before. Their particular influence on
Supply chains, your customers are watching! Read More »
Small Business Development Minister Lindiwe Zulu is confident that procurement will be a major a catalyst for job creation in South Africa. Addressing delegates at the Smart Procurement World Conference in the Western Cape last week, the minister acknowledged that small and medium enterprises (SMEs) face daily challenges and repeated the call to big
Procurement a major catalyst of Job creation Read More »
A prudent supply chain professional knows that each transaction is worth its value or the negative impact of it going wrong and has to be treated as such. High-value transactions need scrutiny commensurate with the risk that the organisation may be exposed to if something goes wrong. In other instances the transaction value may
4 risk management strategies to ensure supply chain continuity Read More »
