Supplier Management

What will your supply chains resemble in ten years’ time?

If they are still operating in the same way as they are today, you will probably not be competitive, let alone a significant market participant! Researchers have proposed seven key strategies for success in the future. Organisations that aspire to be commanding forces in their industries in the next ten years will have to consider […]

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Historic culture can lead to Public Sector Procurement fraud – 5 tips for reducing fraud

The allegiances formed during South Africa’s troubled political history are still  influencing the country’s supply chain processes. This was one of the issues highlighted during a panel discussion on SCM fraud prevention at SmartProcurement’s 2009 Public Sector Supply Chain Management Summit. A historic culture of honouring, through business activities, the camaraderie formed during the country’s

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World Class Operational Procurement Powered by Technology

The contract is signed, months of negotiation are concluded, the supplier is already paying performance incentives and the sourcing managers are going home for their first decent night’s rest in a long time. Is the hard work over? Doubtful, says Peter Alkema, Head of CAO OPS Absa, in this month’s SmartProcurement. “Typically this is just

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Larger fiscal deficits call for stricter compliance to government tender guidelines

There is a greater need for public sector tenders to be more strictly awarded according to government’s guidelines. The outcome of tender awards influenced by government officials with stakes in corporate companies, bribery and financial mismanagement is not just that incompetent people receive a contract, but also the waste of government’s steadily shrinking pockets. Professor

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Managing risk in corporate and supply chain strategy

During uncertain times, directors’ focus must be on managing risk in corporate and supply chain strategy, Dr Douglas Boateng (FIoD, FCILT, FCMI, FIBC, FIOM), tells SmartProcurement. The last twelve months have seen unprecedented changes in the global economy never before witnessed in the modern era. For the first time in decades, some of the best

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World-Class Operational Procurement Powered by Technology

Case Study – Using SAP SRM at ABSA The ability to manage supplier relationships has never been more important. The necessity for governance and control over expenditure with suppliers is simply not up for debate any more, Peter Alkema, Head of CAO OPS Absa, tells SmartProcurement.

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Transaction switching – managing electronic transactions between buyer and supplier communities

A complete e-Procurement and Supplier Network solution enables purchasing organisations to make contracts operational through contract catalogues and to manage transactional exchanges between an organisation and its suppliers, Catherine Hills, Client Services Director at Quadrem, told SmartProcurement. An e-Procurement solution offers a path to productivity improvements and cost savings with regard to the procure-to-pay (P2P)

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Banks are just another supplier

An organisation’s banking partner should be dealt with like any strategic supplier, Julian Curtiss, MD of Transaction Technology Solutions, tells SmartProcurement. “Maybe I’m missing a point somewhere, but the more I think about it, the more I feel that banks are highly overrated. Aristotle wrote: “it is the mark of an educated mind to be

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Strategic agility in Supply Chains – risk and foxes

Strategic agility is the way forward, and South African organisations need to follow suit without delay, especially when gearing their supply chains, if they want to be around for the up turn, industry experts tell SmartProcurement. “Supply chains interact with many elements of risk. Agility is linked to risk,” says Douglas Kent, President of eKNOWtion,

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