Supply Chain Management SCM Archives - Page 18 of 25

New tool helps SCM demonstrate its financial impact on the bottom line

Leave a Comment / Benchmarking, Procurement Strategy, Supply Chain Management SCM / Editor

A performance assessment that helps supply chain management (SCM) organisations quantify their financial contributions to organisations was launched in January. Return on Supply Management Assets Performance Check (ROSMAPC) assesses SCM’s value to an enterprise and helps SCM executives demonstrate the function’s financial impact on the bottom line. In order to measure performance the tool […]

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Technology’s role in improving the supply chain

Leave a Comment / Supply Chain Management SCM, Technology, Tools / Editor

Technology drives innovation and can mitigate risk in the supply chain. In recent years the integration and globalisation of supply chains has improved efficiency, but has driven complexity and vulnerability to the point of disruption. Advances in SCM technology offer a solution, Tech-Pro Personnel tells SmartProcurement. Technology has revolutionised supply chain management: from the advent

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4 major supply chain trends in 2014

Leave a Comment / Procurement Strategy, Spend Analysis, Supply Chain Management SCM, Tools, Top Stories / Editor

In recent years, the on-going quest for efficiency and flexibility and the impact of emerging technologies, innovation and ever-changing customer demand, has seen the South African supply chain mature from a corporate function into an enabler of growth and a strategic weapon, providing value for customers’¹, Tech-Pro Personnel tells SmartProcurement. Highlighting the increasing importance

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Adversarial supply chains have no place in the future

Leave a Comment / Sourcing Strategy, Supplier Management, Supplier Partnerships, Supply Chain Management SCM / Editor

Historically, relationships between supply chain partners have ranged from distant to adversarial, with organisations focused primarily on pushing costs up- or downstream, at the expense of their relationships. However, increasingly supply chain collaboration is ‘no longer seen as losing control, but gaining intelligence, capabilities and resources’.¹ Defined by Monczka, Trent and Handfield as, “the

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Beyond labour unrest at BMW: Using technology to increase SCM competitiveness

Leave a Comment / Commentary, Procurement Strategy, Supply Chain Management SCM, Technology, Tools / Editor

Many South African businesses believe that the availability of cheap labour is the most important factor when it comes to being competitive globally, which may partly explain why the business community reacted with such alarm to the news that BMW cancelled it plans to expand production owing to labour unrest. “Whilst labour is a

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Successful procurement professionals’ 9 traits

Leave a Comment / Commentary, Procurement Strategy, Professional Development, Supply Chain Management SCM, Tools / Editor

Working extremely hard; being curious and eager to learn; and living in the present are just some of the traits of a successful procurement professional. That’s according to Tom Lovell, group managing director at recruitment website Reed, who was speaking at the CIPS Annual Conference in London during October. He said successful people were:

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Fraud after contract award 6 times as frequent as fraud pre-contract award

Leave a Comment / Contract Management, Legal / Contract, Risk Management, Strategic Sourcing, Supply Chain Management SCM / Editor

A strong, expert contracting and contracts management group is essential to combat fraud, CIPS Fellow and UK procurement consultant Colin Cram told delegates at Smart Procurement World in September. Download an event summary here Failing to use a strong contract management team that understands your various contracts and has the time and resources to

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Reducing Costs through Collaboration in Supply Chains – Martin Christopher

Leave a Comment / Global Sourcing, Procurement Strategy, Smart Sourcing, Sourcing Strategy, Strategic Sourcing, Supply Chain Management SCM / Editor

The need to contain costs in all aspects of business is now more crucial than ever for most companies. Many challenges lie ahead in these uncertain economic times; input costs, particularly raw materials, are on the rise again, and the search for greater cost reduction in business is intensifying. But after years of significant

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Comedy of errors with supplier visibility

Leave a Comment / Contract Management, Procurement Strategy, Risk Management, Spend Analysis, Supply Chain Management SCM / Editor

There is something between Shakespeare and the Indian silver screen. For decades, Shakespeare’s works have inspired directors to churn out some of the most memorable hits on the big screen. The perennial favourite theme is based on one of his earliest plays, The Comedy of Errors. The play depicts the story of two sets

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SA’s supply chain skills constraint mirrors global concerns

Leave a Comment / Change, Commentary, Professional Development, Sourcing Strategy, Strategic Sourcing, Supply Chain Management SCM / Editor

Research indicates that high performance supply chains underpin the global economy. However, a key constraint to successful supply chain management is the shortage of suitably qualified SCM staff, which poses a threat to both competitiveness and economic growth prospects, TechPro Personnel tells SmartProcurement. In 2012, highlighting the importance of supply chain management, the

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Supply Chain Management SCM