There’s never been a more important time for procurement to identify and direct their organisations to realise potential cost savings effectively, both within current spending and also when assessing new ventures. One area of focus is the purchase to pay (PTP) arena. A key indicator of a world-class procurement organisation is the use of a […]
Uncovering huge savings possibilities in operational procurement Read More »
An amount of 36% of delegates attending an international purchasing and supply management convention in the UK said that supplier relationship management (SRM) has helped increase their organisations’ efficiency the most, reported Supply Management recently…. This underscores the findings of international research conducted by the Centre for Advanced Procurement Studies (CAPS) in the USA, which
SRM offers improved organisational efficiency Read More »
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
World Class Operational Procurement Powered by Technology Read More »
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.
World-Class Operational Procurement Powered by Technology Read More »
Global provider of e-Procurement and Supply Management Solutions, Quadrem, has announced that it received the top award for the Best Public Sector Procurement Project at the Institute of Purchasing and Supply South Africa and Chartered Institute of Purchasing and Supply’s Annual Pan Africa Conference in Johannesburg. IPSA WIN Karen Van Vuuren, IPSA Chair of Board
Quadrem Africa receives top award at annual IPSA/CIPS Pan Africa Conference Read More »
Chief Procurement Officers (CPOs) have missed an opportunity to steer the global economy’s rescue boat, alluded Institute of Purchasing and Supply South Africa’s (IPSA’s) President, Karen van Vuuren, at the institute’s Annual Pan African Conference held at Emperor’s Palace in partnership with the Chartered institute of Purchasing and Supply (CIPS). CIPS Director of International
The year of the CPO! Report back on the IPSA / CIPS annual conference Read More »
Part 10 of a ten-part series that examines key operational aspects of the so-called “Purchase to Pay” value chain by Independent Contributor, Peter Alkema – Head: Purchase to Pay at Absa During 2008 at a large South African bank, a purchasing hub was set up to centrally process and support all ordering from the bank’s
A case study for centralised purchasing – World Class Operational Procurement Read More »
While shareholders’ visibility requirements have been responsible for the growth of the audit industry, organisations continue to be plagued by other stakeholders requesting information on risk and performance. These include potential joint venture partners, benchmarking agencies, credit-rating agencies, environmental impact organisations, local government and customers. Customers, in particular, are increasingly looking for information on risk
Shed light on your suppliers Read More »
The business world normally associates the term Enterprise Development with some or other form of philanthropy. An example of this would be where the ‘principal’ donates something (usually money) to improve the knowledge-base and to develop the skills-set of the ‘beneficiary’. SmartProcurement, and our Enterprise Development service partner, Integrated Transformation, rather views Enterprise Development as
Enterprise Development: The little-known golden nugget in the BBBEE pyramid Read More »
“The public sector has significant influence on private sector contracting. Many innovative terms and contracting methods have seen their beginnings in public procurement – examples range from ‘termination for convenience’ through to public-private partnerships”, Gregg Barrett, Director of Cylon Technology, recently told SmartProcurement. Yet for all the innovation, the popular image of public procurement remains
Can the public sector ever negotiate successful relationships? Read More »
