One of the key strategies in Strategic Cost Management is the option of sourcing your ‘direct’ or even ‘indirect’ commodities from Low Cost Countries (LCC’s). This would be done due to various factors, but primarily because LCC’s are sometimes in substantially more price competitive positions than organisations at home. Several countries are now classified as […]
Overcoming business barriers with China and gaining savings Read More »
SmartProcurement hosted its 2nd annual SmartSourcing Conference on the 7th and 8th of October 2008 at the Irene Country Lodge in Centurion, Pretoria. This two-day event, sponsored by Purchasing Index, Tech-Pro Personnel, Commerce Edge Procurement Training, Volition, IPSA, BEESA Boxsmart and EES-Siyakha, attracted more than 100 local and international delegates from all corners of Procurement
Report back on SmartSourcing Conference 2008 Read More »
SmartProcurement recently hosted its 2nd annual SmartSourcing Conference on the topic of ‘Strategic Cost Management in Turbulent Economic Times’ at the Irene Country Lodge in Centurion, Pretoria. The conference’s first day’s keynote address was presented by internationally acclaimed scenario planner and popular motivational speaker, Clem Sunter, on the topic of “The China Game”. In his
‘The China Game’ and the Value of Scenario Planning In Turbulent Economic Times Read More »
“Many large companies consider the continent of Africa (excluding South Africa) as an enigma. Historically, these organisations have resigned to the fact that operating in Africa will be relatively inefficient in terms of their procurement, and sometimes other activities.” Greg Buckley of Volition tells Smart Procurement that “The justification for this has traditionally been
Pan African Procurement – A view from the Flight Tower Read More »
“As the following graph shows, prices for goods (and PPI) continue to increase… It illustrates rate of increase of a large basket of goods (including strategic and consumable items) compared to PPI and the movement in the Rand’s value against major Western currencies,” Alan Low MD of Purchasing Index tells SmartProcurement. “The graph highlights not
Rising prices to drive Low Cost Country Sourcing Read More »
Sourcing from China is expected to occur in three waves. 1. China for low cost, 2.China participating in innovation, 3. China as global center for procurement.In Businessweek.com, Boston Consulting’s Jim Hemerling says China is emerging as a global Research and Development and innovation hub in its own right. Sourcing execs take note For some companies,
China: Ready For the Next Sourcing Wave? Read More »
