The Absa Purchasing Managers’ Index (PMI) rose by 2.8 index points to 48.2 in November. This was the first increase following two months of a decline in the headline index, although the index failed to return to positive terrain. Indeed, the business activity and new sales orders indices both still point to declining activity and demand, albeit at […]
In this 3-part series, Marijn Overvest, founder of Netherlands-based company, Procurement Tactics, believes that in 2024, procurement will elevate business. In this article and over the next two issues of SmartProcurement News, he will take us through predictions and advice collected from procurement experts globally, to help professionals in the industry navigate the immediate future.
After ending the third quarter on a downbeat note, the Absa Purchasing Managers’ Index (PMI) also had a poor start to the fourth quarter. The headline index dropped further to 45.4 index points in October, from an upwardly revised 46.21 during September. In terms of the major subindices of the headline PMI, the biggest drag
In today’s career driven society, getting an edge or a handle on your career often means turning to career coaching and mentorship to help get you on the right track, writes executive coach, leadership & talent strategist and founder / managing director of People Shop in Cape Town, Chantal Kading. The word “career” comes from
Conditions in the SA manufacturing sector deteriorated at the end of the third quarter. This is according to the seasonally adjusted Absa Purchasing Managers’ Index (PMI), which declined by 4.3 points in September to 45.4. The soft reading for the headline PMI was driven by very weak demand and constrained production. In terms of the former, September saw