Smart Sourcing

What can board games teach us about procurement?

There are several parallels between games and business strategy. Gordon Donovan (FCIPS), Group Director: Procurement and Supply, Epworth Healthcare, wonders what we could learn about procurement from games and, as such, takes a look around the world wide web to find out more. Join us at Smart Procurement World Western Cape on 9 & 10 […]

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data analytics

Walk the talk: machine learning and big data for procurement analytics

In procurement analytics, there are two clear trends: 1. Data is the new oil. 2. Big data and advanced analytics, such as machine learning, deep learning and neural networks, definitely create new opportunities. The way we can automatically extract insights from vast amounts of data will both unearth new opportunities as well as move tasks

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6 steps to optimise your procurement workforce

To become more agile, organisations are re-evaluating their workforce strategies. Although strategists often talk about ‘total workforce management’, what their business functions – procurement included – need most is something much simpler: total workforce optimisation (TWO). For most business functions, human capital is the most important asset and its largest single operating expense. It is

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Show your worth: demonstrating procurement ROI

Bring sustainable value to the bottom line Increasingly, procurement is being looked to for the added value it can bring to the organisational table. Furthermore, expectations are on the rise, with big data and advanced analytics driving decision making to new levels by enabling teams to generate new insights and achieve unprecedented proactive capabilities. Demonstrating

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4 tips to manage supplier risk

Suppliers can fail you in many ways. Supplying inferior quality goods and services, missing deadlines or data breaches can affect the bottom line and reputation of a business. However, while risks are ever-present, some are more avoidable than others – including the effects of mistakes and failures by suppliers” says Rudi Kruger, General Manager of

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Changing behaviours in sourcing – Q&A with Salesforce and Oracle’s former CPO

  CPO of VSP Global Greg Tennyson leads transformative change. He is the former VP and CPO (source-to-settle and expense-to-settle) at Salesforce and Oracle. Greg sat down with ScoutRFP to discuss sourcing’s ever-evolving relationship with business – he talks culture, Moolah (the spend-it-like-its-yours monster) and how CPOs can work with the pace of change at an organisation

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Understanding policies underpinning the creation of black industrialists

  Black industrialists have a responsibility to maintain black ownership of their businesses. Failure to do so can set back government’s transformation efforts. As a black industrialist it means that one has to be involved in the running of the business on daily basis and according to the BEE act, a black industrialist cannot sell/resell

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Expectations high for 3rd Annual Smart Procurement World Western Cape

What can can delegates expect from th  from 3rd Annual Smart Procurement World Western Cape conference being held from March 1-3 2016? Mediacy Mudekwa, SmartProcurementWorld Content Manager, tells us that:  “The summit will deliver big ideas regarding the function of procurement as a strategic partner to the organisation, what is the value that procurement can add?

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Pod Cast – Too much focus on buying local may hinder Africa’s growth

  Buying local may have unintended consequences to Pan African trade, said Prof Douglas Boateng at a round table sponsored by consultants KPMG and professional body CIPS. “Buying local is a good policy. But if South Africa has ‘Buy SA’ and Kenya has ‘Buy Kenya’ and Ghana has ‘Buy Ghana’, then who is going to

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In 5 Days 2000 Procurement Professionals will meet to network, learn and do business!

  With only a few days to go, 3000 attendees have confirmed – Smart Procurement World, Africa’s largest supply chain indaba, kicks off on Tuesday, 9 September. More than 110 speakers will share their procurement and supply chain insights with delegates in 6 different conference streams. Hear from supply chain heads from Absa, Coca-Cola, Anglo

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