SRM Supplier Relationship Management

University students aim to clean up govt procurement

  Four University of Johannesburg students, thinking that government’s Central Supplier Database (CSD) is not the only answer to the problem of tender fraud, have designed a system that aims to curb tender corruption in the state’s procurement system. Recognising tender fraud ias a real problem in African governments, the students, calling themselves “Kriterion”, developed […]

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Suppliers financing customers – responsible, sustainable?

  In April Rio Tinto announced that it would reverse a decision to extend payment terms for suppliers. One of the world’s biggest miners, it had planned to double its payment terms in a move that would have forced its suppliers to wait up to 90 days to be paid. Rio Tinto is not alone

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How procurement can build more productive agency relationships

 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

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5 Data-driven supply chain challenges to overcome in 2016

  Supply chain, sourcing or procurement executives are feeling immense pressure to cope with the expansion into global markets, waves of disruptive innovation, rising customer expectations or complex regulatory requirements. These are catalysts that require supply chain management strategies to become bi-modal and make a shift from tactical to strategic, says Antonia Renner, Senior Manager

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Can drones transform logistics in Africa?

  Just as mobiles leapfrogged landlines across Africa, so cutting-edge drones could outpace roads on a continent where only 16 per cent of thoroughfares are paved, but the population is set to double to 2.2-billion by 2050. Driving this evolution is a Rwandan cargo drones project that is a collaboration between Afrotech and London architects

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Getting control of your SAP procurement lead-times (we all know they’re rubbish…)

  It is not unknown that suppliers’ lead times from suppliers as well as internal procurement’s processing lead times are critical in determining the amount of inventory you need to keep: the shorter the lead time the less you need to keep, the longer the lead time the more you need to keep. Even more

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Successful supplier relationship management needs a ‘sense of purpose’

Getting the fundamentals right is key to SRM success, says supply chain management expert David Atkinson. Most change programmes fail because of a lack of senior management agreement and a haphazard approach. That was the opening message from David Atkinson as he began his talk on Supplier Relationship Management (SRM) at IMPA London, during which

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How collaboration reduces global supplier risks

  Owed to increasing globalisation, organisations are doing business with partners outside of their traditional comfort zones, complicating supply chains with an array of risks and variables that must be managed to avoid disruptions like quality issues, shipment delays or product shortages. Deciding on the best approach to reduce global supply chain risks has long

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12 points to consider in supplier responsibility

  How socially responsible are your suppliers? Supply chain social responsibility is rapidly becoming as important as cost when selecting suppliers. This 12-point supplier responsibility checklist, from Next Level Purchasing, is a great starting point to make your supply chain more socially responsible. 1. Investigate a supplier’s involvement in human trafficking. 2. Investigate whether a

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You’re only as good as the quality of your suppliers – but do you measure their quality?

  ‘Failure of a supplier to deliver goods on time and of high quality’ ranked third in an AMR Research study of the top supply chain risks for businesses in a global environment. Ranked fourth was ‘product quality failure’. With all the concerns facing global supply chains, one of the largest is product quality. Ensuring

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