Enterprise Development

Expense reconciliation: tips to improve your process

  Is the financial year-end getting the better of you? Are suppliers unco-operative? Are you late with their payments? Are you over budget and struggling to balance the books? If any of the above scenarios apply to you, take heart in knowing that you’re not alone. Balancing inconsistent supply chain management practices with increasing costs […]

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Tips for influencing your EXCO’s ESD strategies

As an executive in transformation or enterprise and supplier development (ESD), you may have been, or may currently be, in the position of not knowing what to ask for when approaching your executive committee (Exco) or decision-making entity to secure adequate budget for ESD. While Exco generally understands that there is a need to expend

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What to do in your first 90 days leading a procurement division

Changing jobs or even organisations can be daunting. Managing the change is a strategic process requiring a strong sense of visionary leadership, a clear picture of the objective and reasons and a strong process of communication and involvement. Sanet Shepperson, a Procurement Executive at Cell C, provides a ‘play book’ on how to walk in,

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9 tips to keep your procurement career on track

Many people think about their career goals only when they start looking for a new job, or at their annual appraisal, but ongoing career planning and management is vital for any procurement professional. Nicky Taberner, Director at Hays Procurement & Supply Chain, gives her top tips for keeping your procurement career on track.

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Do current ESD practices work?

The Enterprise and Supplier Development (ESD) element of the revised BBBEE Codes has made it clear that providing only financial and non-financial support to small suppliers and SMMEs is no longer sufficient. Considering the imperative that the ESD element places on strategically engaging with suppliers, Christa Bonnet, founding member and Chief Executive Officer (CEO) of

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SA must partner with China to drive ESD through industry

  China is an economic partner that can drive enterprise and supplier development (ESD) in South Africa and the rest of the continent. A significant export, trade and development partner to Africa, China brings, particularly to South Africa, a host of industrial innovations, which if adapted for the local environment can help with various productivity

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Creating supply chain value, not compliance, drives ESD success

  The developmental nature of ‘transformation’ becomes a complex process when we consider the overwhelming commitment within supply chains to receiving high-level quality, consistent delivery and cost effectiveness. Such a commitment leads organisations to carefully evaluate the risks versus the benefits when implementing their ESD strategies. However, only from the vantage of a holistic overview

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SA’s first SMME stock exchange

  South Africa will in October open its first stock exchange devoted to assisting small-business operators. The exchanges will be set up in Gauteng’s Johannesburg and Pretoria, focusing on residential townships and serving mostly black South Africans, reported iol Business News in September. Residents will be able to trade shares in local businesses, providing an alternative

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#womeninsupplychain @ Smart Procurement World awards

  The Smart Procurement World conference included many powerful and strategic women in supply chain and procurement who shared thought-leading information and knowledge. “Women in supply chain and procurement should possess ethics, integrity, respect and strive for the best in the boardroom”, said Lerato Sithole, Consulting Process Solutions, Deloitte BPaaS.

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