Supply Chain Management SCM Archives - Page 9 of 25

Small suppliers for big impact: optimising your supply chain in a turbulent economy

Leave a Comment / BEE, Enterprise Development, Legal / Contract, Supply Chain Management SCM / Editor

In our third consecutive quarter of negative growth, it’s becoming all too clear that South Africa is well and truly facing some tough economic times ahead, and businesses are already beginning to suffer. According to Statistics South Africa, weak manufacturing and trade sectors led the recession, with falls of 3.7% and 5.9% respectively in […]

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Turning supplier information into procurement insight

Leave a Comment / Legal / Contract, Risk Management, Supplier Partnerships, Supplier Selection, Supply Chain Management SCM, Technology, Tools / Editor

Decisions and consequences go hand-in-hand. This is why having adequate, relevant information at your fingertips is a critical aspect of any decision-making process – more so when these decisions affect the operation of business and company reputation. In procurement, the optimal goal is to manage risks and costs within a company, making it an

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Procurement shines brightest on a burning platform

Leave a Comment / Change, Commentary, Professional Development, Supply Chain Management SCM, Technology / Editor

Economic woes, political uncertainty and digital disruption might trouble your CEO, but it should delight the CPO. After all, procurement can perform best on a burning platform, says Guy Strafford, Chief Client Officer, Proxima Group.

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Changing behaviours in sourcing – Q&A with Salesforce and Oracle’s former CPO

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

CPO of VSP Global Greg Tennyson leads transformative change. He is the former VP and CPO (source-to-settle and expense-to-settle) at Salesforce and Oracle. Greg sat down with ScoutRFP to discuss sourcing’s ever-evolving relationship with business – he talks culture, Moolah (the spend-it-like-its-yours monster) and how CPOs can work with the pace of change at an organisation

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Building collaboration frameworks in supply chains

Leave a Comment / Supply Chain Management SCM / Editor

Supply chain management concerns itself with recognising, acknowledging and managing key business linkages and relationships. To achieve this, collaboration is the order of the day. But while collaboration is an admirable business objective, it can prove difficult to attain. To reach it, it is important to have a strategic framework to establish and improve

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Procurement is about to get smarter, faster and more efficient

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

A ‘cognitive procurement’ solution is set to redefine the source-to-settle process. The solution delivers intelligence from procurement data – together with predictive insights from unstructured information – to help make decisions in supplier management, contracts and sourcing activities.

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9 success factors for implementing a procurement transformation project

Leave a Comment / Change, Procurement Strategy, Supplier Management, Supply Chain Management SCM, Technology, Tools & Tips / Editor

More South African organisations are starting to recognise the value that procurement transformation initiatives bring to the bottom line. Successful procurement transformation projects reposition the source-to-pay process for success, across the entire organisation. The entire source-to-pay process is made efficient and highly collaborative, providing organisations with a competitive advantage. Procurement transformation can be defined

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What is procurement’s future in the 4th Industrial Revolution?

Leave a Comment / e-Procurement, Information technology, Spend Analysis, Supply Chain Management SCM, Technology, Tools / Editor

The fourth Industrial Revolution, characterised by a fusion of technologies that is blurring the Iines between the physical, digital and biological spheres, builds on the digital revolution (known as the Third Industrial Revolution) that has been occurring since the 1950’s, said the World Economic Forum. ‘4IR’ has seen the emergence of technologies in procurement,

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Procurement’s value will be judged on its alignment with the organisation’s strategy

Leave a Comment / Change, Legal / Contract, Procurement Strategy, Professional Development, Sourcing Strategy, Supplier Management, Supply Chain Management SCM, Technology / Editor

Is your procurement division a purchasing or a procurement function? More importantly, into which category does your CEO and other key executives place your function? Shiraz Sarang, CPO at Nedbank discusses how procurement professionals can elevate the importance of the procurement function within an organisation, in this month’s SmartProcurement.

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Identifying and mitigating global sourcing risks

Leave a Comment / Global Sourcing, Legal / Contract, Risk Management, Sourcing Strategy, Supplier Management, Supply Chain Management SCM / Editor

Before you start, ensure that you have the best global sourcing and product experts that you can afford, says Sanet Shepperson (MCIPS) in this month’s SmartProcurement.

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Supply Chain Management SCM