Enterprise Development Archives - Page 7 of 19

Port Elizabeth ED office signs supply agreements with Eastern Cape entities

Leave a Comment / Enterprise Development, News, Supplier Management, Supplier Partnerships / Editor

An Enterprise Development Centre (EDC) in Port Elizabeth has signed Memorandums of Understanding with Nelson Mandela Bay Municipality, Joe Gqabi Municipality, East London Industrial Development Zone and the George and Knysna municipalities to provide funding and business development support to SME suppliers that work with these entities. Through the initiative, Absa, which has opened […]

Port Elizabeth ED office signs supply agreements with Eastern Cape entities Read More »

Smart Procurement World debuts in KZN

Leave a Comment / Enterprise Development, Procurement Training, Professional Development, Supply Chain Management SCM / Editor

The inaugural Smart Procurement World KwaZulu-Natal conference saw more than 467 attendees, 41 exhibitors, 223 SMMEs and 169 delegates hosted at the conference.

Smart Procurement World debuts in KZN Read More »

5 traps to avoid when choosing your suppliers

Leave a Comment / Education, Enterprise Development, Supplier Management / StaffWriter

Selecting the right suppliers remains a combination of analysis, art and fortune-telling. There are many decision-making traps buyers can fall into. Cuneyt Altinoz, a supply chain management and decision analysis lecture at Kaplan University (US) has taken the following from JE Russo and PJH Schoemaker’s book Decision Traps: Ten Barriers to Brilliant Decision-Making and

5 traps to avoid when choosing your suppliers Read More »

How procurement can build more productive agency relationships

Leave a Comment / Enterprise Development, SRM Supplier Relationship Management / StaffWriter

Too often the relationship between agencies and marketing procurement departments is presented as adversarial – unaccountable spendthrifts versus narrow-minded bean counters. Procurement professionals are increasingly eager to transcend this narrow definition and look for more meaningful and productive agency relationships. In fact, old-style procurement needs to change to keep up with the new, always

How procurement can build more productive agency relationships Read More »

Buy SA or Buy Africa?

Leave a Comment / Education, Enterprise Development / StaffWriter

The government, big businesses and South Africans need to buy locally produced goods to support job creation, higher economic growth and address poverty, Deputy President Cyril Ramaphosa says. "If we want our economy to grow, then we need to buy more locally made goods," he said at a Proudly SA Buy Local annual summit.

Buy SA or Buy Africa? Read More »

9 skills for a successful career in procurement

Leave a Comment / Education, Enterprise Development, Procurement Training, Professional Development, Supplier Management / Editor

1. Project Management Skills At the core of procurement, there needs to be a competency in project management. Procurement is a culmination of many different activities that produce a finished product. A procurement professional initiates, plans, executes and monitors the project through to completion. The best people to work in procurement are organised enough to

9 skills for a successful career in procurement Read More »

How can procurement executives build a winning internal strategy?

Leave a Comment / Enterprise Development, Procurement Strategy, Procurement Training / Editor

Be sure to lay groundwork for open ongoing communication among the departments partnering with procurement It has become clear that the most effective procurement departments not only rely on their own departmental capabilities and resources, but also leverage internal partners to support their work. Below is a series of best practices that procurement leaders

How can procurement executives build a winning internal strategy? Read More »

4 areas you can focus on to immediately boost your BEE levels

Leave a Comment / BEE, Enterprise Development / Editor

Last year was one of massive and sometimes controversial change, for broad based black economic empowerment (BBBEE). The amended BBBEE scorecard, gazetted in October 2013, came into effect in 2015 and will affect all companies who are being measured and verified based on a financial period ending after 30 April 2015. “For some companies,

4 areas you can focus on to immediately boost your BEE levels Read More »

Market knowledge is power in procurement

Leave a Comment / Enterprise Development, Procurement Strategy, Professional Development / Editor

Effective procurement management requires procurement managers to approach their roles with a high-level view of supply markets and components that affect them. This is owed to the evolving role and nature of supply chains and the fact that players are increasingly embedded in complex and globally dispersed supplier networks. Supply chains are increasingly multi-tiered

Market knowledge is power in procurement Read More »

How can procurement capture value from today’s low-energy market?

Leave a Comment / Enterprise Development, Procurement Strategy, Professional Development / Editor

Insight Sourcing Group’s Tommy Greer and Spend Matters’ Pierre Mitchell discussed how high-performing procurement organisations are managing their energy expenditure and the top four ways that you can drive down energy costs. Enterprise energy management is focused on four primary value levers that drive sustained savings and transformation. Certain of the ‘levers’ cannot be

How can procurement capture value from today’s low-energy market? Read More »

Enterprise Development