Supply Chain Management SCM

ZUMA: “Regain control through supply chain management reform”

The revitalisation of production within South Africa is attributable to local procurement, said President Jacob Zuma. “We have seen the revitalisation of train and bus production in South Africa, largely because of the drive for local procurement,” said President Zuma in the 2013 State of Nation address. He acknowledged, however, that government must become more […]

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WEF urges co-ordinated international approach to supply chain risk

A neutral international organisation should be responsible for designing and implementing a global risk assessment for supply chains, according to the World Economic Forum (WEF). In its report Building Resilience in Supply Chains, the WEF cited figures from Accenture that showed companies that are hit by significant disruptions, such as Hurricane Sandy in October 2012,

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B2B procurement print magazine launch

SmartProcurement is launching a local business-to-business (B2B) procurement print magazine – the SmartProcurement Review – “World class procurement in your hands”. While SmartProcurement remains an online portal for procurement and supply management professionals and executives in South Africa, we’ve had numerous requests over the years for a printed magazine, which is still a preferred reference

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SA, develop a 25-year supply chain plan!

Minister of public enterprises Malusi Gigaba has called for the development of a 25-year plan to develop and localise supply chains. Gigaba called on South Africa and other African countries to drive domestic capabilities. In particular, he called for a shift away from transactional relationships in favour of more long-term and collaborative working between buyer

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Next week’s annual procurement networking event attracts 600 attendees

Smart Procurement World 2012 has attracted more than double the participation it enjoyed last year. Smart Procurement can this week confirm that more than 600 procurement and supply chain professionals will gather en mass at Gallagher Convention Centre on 13 November to attend the multinational procurement networking event. “They’re coming because they want to be

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Supply chain finance solution a source of funding working capital

Standard Bank has developed a set of supply chain finance solutions aimed at helping businesses of any size improve financing of their working capital, Vonani Mabunda, Product Head: Supply Chain Finance at Standard Bank, tells SmartProcurement. Two supply chain finance solutions – receivables discounting and supplier finance – offer alternative financing tools based on companies’

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Procurement planning for 2013: what will set the agenda for next year?

One of the key talking points in the procurement industry right now is sustainability and “green” sourcing.  Companies are now being held accountable for the actions of their suppliers and there are no longer excuses for irresponsible behaviour within supply chains. Issues such as pollution, labour mistreatment, or sub-par quality testing have created a strong

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How much are we REALLY paying for waste?

As a consultant and educator in operations and supply chain management for the manufacturing industry, Ken Titmuss, a SAPICS and APICS Authorised Education Provider, has a habit of pondering over bills and quotations a bit more than does the average Joe Soap. Considering his dinner bill the other evening he suddenly wondered how much he

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“Poor government procurement prevented clean audits” – Auditor General

Supply chain management (SCM) is one of five significant risks affecting whether municipalities receive a clean audit, said South Africa’s auditor general Terence Nombembe. The risk within SCM is demonstrated by the growing trend of irregular expenditure said Nombembe, commenting after the publication of the latest audit results for the financial year, in which only

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Data Visualisation: Picturing your Supply Chain

Data is fast becoming the most valuable asset organisations own today – ‘Big Data’ refers to the size of the prospect that insight into data can unlock, and harnessing it will make it possible for organisations to build unique capabilities and competitive differentiators. Rynier Keet, MD of Corporate Renaissance Group writes that data visualisation provides

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