Many of the 6 000 000 small to medium enterprises (SMEs) in South Africa are struggling and a high percentage will fall by the wayside, Yvonne Themba, Director of Corporate Affairs at Shanduka Black Umbrellas, told delegates at SmartProcurement World. Themba added that South Africa has a low entrepreneurial class with less than 8% of […]
Sustainable supplier and enterprise development Read More »
Supplier and support activities involved in the production of South Africa’s first electric vehicle could create 8 000 jobs, says Optimal Energy, the Joule’s manufacturer. The company says it will employ more than 2000 people in its assembly operation, while supplier and support activities could create a further 8000 downstream jobs. Once the plant is
Local supplier prospects rife with new electric vehicle Read More »
It is imperative that supplier development forms an integral part of a buying organisation’s strategic procurement role to ensure a continuous supply of cost effective products and services, Thapelo Petje, Independent Supply Chain Consultant, tells SmartProcurement. “In order to have an integrated supplier development strategy a buying organisation must have the following framework in place:
The Role of Strategic Procurement in Supplier Development Read More »
How can Procurement professionals unlock sustainable value by effectively managing relationships within the supply chain? This is the second article in SmartProcurement’s World-Class Procurement Practice series, penned by Ronald Mlalazi (MCIPS), Commerce Edge Academy’s Education Manager. The series is based on Chartered Institute of Purchasing & Supply (CIPS) unit content and on recent research done
Perfecting the Art of Managing Supplier Relationships 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 »
This article appeared in the May newsletter with certain technical inaccuracies. SmartProcurement apologises for the error and would like to thank Quadrem for bringing the mistake to our attention and permitting us to re-print the article with the necessary corrections. The outsourced management of suppliers is of special significance in South Africa as a component
At present there seems to be two schools of thought regarding the impact that the global economic recession is having in South Africa. People are either sure it is real and are dramatic in their response, or they are pragmatic in a perception of resilience through non-exposure. The recession is real. For the average housewife
The toughening economic climate – A ‘call-to-arms’ for the procurement function Read More »
It has been said that in organisation within a world-class procurement framework it is difficult to find a clear-cut distinction between the organisational drive for continuous improvement viz-a-viz value release from actively managing Total Cost of Ownership (TCO). “In fact, these objectives represent the two sides of the same coin and trying to determine which
Collaborative cost management with key suppliers Read More »
Joint improvement efforts between buyers and suppliers can yield impressive results. William Sharp of 4-Africa Solutions told Smart Procurement that: When looking at joint Supply Chain Collaboration projects there are two aspects that need to be considered when mapping joint supply chain processes namely. Taxonomy and Implementation. Taxonomy is the aspect of using a common
A “Quick Start” to Supply Chain Collaboration Read More »
