Transaction cost economics provides further insight into the total cost of a commodity and offers a guiding hand to any organisation struggling with a decision to outsource, Isak Marais, MD of Total Safety Solution provider Bramhope, tells SmartProcurement. Transaction cost reasoning often involves considering as “transactions” not only the obvious cases of buying and selling, […]
An outsourcing decision? Turn to economic theory Read More »
This month SmartProcurement publishes the third article in a series considering China’s warehousing options, as presented in a report by C.H. Robinson Worldwide Considering China’s Warehousing Options. This month considers the key actions in implementing a warehousing solution in the world’s second largest economy.
Warehousing in China – implementing a strategy Read More »
This month SmartProcurement publishes the second article in a series considering China’s warehousing options, as presented in a report by C.H. Robinson Worldwide. This month considers the challenges of warehousing in the world’s second largest economy. Challenges to consider While the benefits of a warehouse solution in China make it a viable opportunity for many
Warehousing in China? Challenges to consider Read More »
China’s business relationship with Africa and South Africa is strengthening with every passing day. But while South African business enjoys the prospects of investment from the east, it may have overlooked some reciprocal investments that can be made in the world’s newly second largest economy. This month’s SmartProcurement considers the benefits of China’s warehousing options,
Why warehouse in China? Exploring the benefits Read More »
The procurement function has a significant role to play in an organisation’s future business success in the global market, far beyond its past role of simple order processing, said Gerd Kerkhoff, CEO of Kerkhoff Consulting, tells SmartProcurement. Today’s economies do not operate in isolation, but are intricately interwoven with others in which their suppliers and
Procurement function one of most important drivers of future business success Read More »
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
PPE procurement: understanding its full TCO Read More »
Procurement and Supply Chain Management have a role to play in a recently launched initiative for holistic poverty reduction. “Procurement that is ethical and value-based, that incorporates a community into its entire value chain” has a place in the Business for Development (B4D) Pathfinder Initiative, said Benjamin Mkapa, former Tanzanian President, at the initiative’s launch
Inclusive supply chains support poverty reduction Read More »
It’s an exhilarating time. The environmental revolution is here and companies all over the world are coming up with extraordinary products and ideas that will change the way we think and live, Howard Stephens, CPO at Nedbank, tells SmartProcurement. When you have over 4000 suppliers and each one of them knows that your requirements are
Green procurement: changing the way we think and live Read More »
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
New Trend in Sourcing PPE Leads to Savings in Excess of 25% Read More »
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 »
