Supply Chain Management SCM Archives - Page 17 of 25

Latest Research: Where does SA procurement face it biggest challenges?

Leave a Comment / BEE, Commentary, Compliance / Legal, Preferential Procurement, Procurement Strategy, Supply Chain Management SCM, Top Stories / Editor

BEE procurement, specifically implementing the New Codes, is considered the biggest challenge that South African procurement professionals currently face, said 481 respondents to a SmartProcurement survey. The concern around The Codes is unsurprising, considering many organisations believe they stand to lose a BEE level or two. Concerns around the BEE Codes will be extensively […]

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Managing supply risk – asking suppliers to share your supply risk

Leave a Comment / Contract Management, Risk Management, Supplier Management, Supply Chain Management SCM, Top Stories / Editor

Every business faces risks – the probability of events occurring – that can or will present challenges to their operations. Risk management is the practice of using processes, methods and tools to identify the level of probability, and then manage the ensuing risks. In practice, this means identifying in advance what can go wrong

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Tricky procurement ethics questions and related answers

Leave a Comment / Commentary, Negotiation, Procurement Strategy, Supply Chain Management SCM, Top Stories / Editor

Unethical behaviour begins with a choice. But, once begun it is a downhill slide on a slippery slope. Some professionals justify their behaviour by judging themselves against their intentions rather than against their actions. However, a decisive litmus test is whether you would feel comfortable if the press spoke to your suppliers about your

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2014 SCM salary trends: Men earn 29% more than women!

Leave a Comment / Professional Development, Supply Chain Management SCM, Tools & Tips, Top Stories / Editor

Tech-Pro’s Salary Survey 2014 highlights how growing demand for skilled Supply Chain practitioners is improving career and earnings prospects for procurement, logistics, planning, supply chain and consulting staff, in this month’s SmartProcurement. Today, business success is heavily influenced by supply chain efficiency. Having the right product in the right place at the right time is

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World procurement congress lists SA supply chain collaboration as finalist

Leave a Comment / Supplier Partnerships, Supply Chain Management SCM, Top Stories / Editor

South African corporations’ ability to collaborate with their SME business partners on supply chain innovation was in the spotlight recently at the Procurement Leader Awards of the Second World Procurement Congress. Anglo American and Johannesburg-based Aurik Business Incubator were the only SA organisations named as finalists in the categories ‘External Collaboration Award’, ‘CSR Award’

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Is your small supplier an entrepreneur or an opportunist?

Leave a Comment / Enterprise Development, Procurement Strategy, Risk Management, Supplier Management, Supplier Partnerships, Supplier Selection, Supply Chain Management SCM, Top Stories / Editor

While “entrepreneurship” is often assumed to be directly related to “passion”, this is not necessarily the case. With an increasing number of individuals choosing to step into the entrepreneurial space as a means of financial survival, buyers need to have clarity about the driving force behind their SME suppliers. If it’s all just about

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Remove supplier payment delays – shift from Letters of Credit to open account trading

Leave a Comment / Supplier Management, Supplier Partnerships, Supply Chain Management SCM, Technology, Top Stories / Editor

A Letter of Credit (LC) is extensively used as a payment method around the world: LCs account for almost 20 to 30% of global payment volumes and account for 48% of the export trade mix and 47% of import trade mix. However, between 2011 and 2012 there was a drop in commercial LCs from

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Zambia managing medical supply chain with ‘cutting-edge technology’

Leave a Comment / Commentary, Demand Management, Procurement Strategy, Risk Management, Supply Chain Management SCM, Top Stories / Editor

IBM is working with the Zambian government to set up a new medical supply chain pilot project to better manage inventory and delivery of medicines, reports Supply Management. The collaboration with the Zambian Ministry of Health will make 200 life-saving drugs more widely available. According to IBM, the public health sector in Zambia registers

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Financial innovation for supply chains

Leave a Comment / Enterprise Development, SRM Supplier Relationship Management, Supplier Management, Supply Chain Management SCM / Editor

One of the biggest challenges supplier company executives face today is efficiently managing working capital. Growing suppliers consume large amounts of working capital in the form of inventory and trade receivables, which puts strain on ready-money resources. This could have a negative effect on production, order fulfilment and ultimately the relationships between procurement professionals

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Customer centricity unachievable without a customer-value focused supply chain

Leave a Comment / Commentary, Procurement Strategy, Sourcing Strategy, Strategic Sourcing, Supplier Management, Supply Chain Management SCM / Editor

To be truly customer-focused, an organisation must reach and sustain a high level of intimacy with its customers, understand their needs and be fully engaged in delivering in line with their requirements. Supply chains play a strategic role in driving such a customer-centric business strategy, said respondents to the Barloworld SupplyChainForesight 2014 survey.

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Supply Chain Management SCM