A newly launched service by Purchasing Index allows Procurement practitioners to create instantaneous reports in many highly visual formats at the touch of a button. It empowers users to interrogate information instantly and to agree and take immediate action.
How can Procurement add value with poor information? Read More »
All too often companies have no idea of the value of spares in their stores. This problem lies not only with small businesses; some of the largest companies in South Africa have little idea of the value and content of their stores, as the stores stock has been built up over a number of years.
Stores Optimisation – Hidden Costs of Holding Spares Read More »
In times of recession, it is widely accepted that companies need to tighten belts and closely control expenditure. However, no organisation can function without steady and efficient supplies of the goods, raw materials and services which are necessary for value creation. A possible solution for improved company performance therefore lies in an optimised ‘procure to
Applying recognised P2P best practice offers improved business performance Read More »
At the dawning of the next decade and as the recession in South Africa begins to gradually fade away, many organizations may tentatively consider appointing more staff. The recruitment market changed from a scarcity of skills on the open market in early 2008 into a relative glut during 2009, with many people sitting tight in
Challenges in the permanent recruitment procurement process Read More »
Maintenance, repair and operations (MRO) expenditure can incorporate a multitude of different commodities, depending on the organisation and industry. Normally such expenditure includes those commodities that are not direct material inputs to actual products, but are rather associated with ‘keeping organisations and machines running’. Unfortunately the category is often neglected due to its complexity, its
Tackling uncontrolled maintenance, repair and operations expenditure Read More »
There’s never been a more important time for procurement to identify and direct their organisations to realise potential cost savings effectively, both within current spending and also when assessing new ventures. One area of focus is the purchase to pay (PTP) arena. A key indicator of a world-class procurement organisation is the use of a
Uncovering huge savings possibilities in operational procurement Read More »
The Procurement profession has a serious image problem. Most South African organisations, whether corporate or government, still do not see the profession as a strategically important function… “How many Procurement professionals report directly to the CEO? Only two out of over 70!” Dr. Douglas Boateng, CEO of Panavest International, was responding to a show of
Procurement’s image problem Read More »
Consumer packaged goods organisation Tiger Brands has significantly reduced some of its inbound supply chain costs. This is owed to SearchLight description-based analysis software, which has been implemented by Tiger Brands in some of its various projects, Erica Bradley, of CCI Growthcon, told SmartProcurement. SearchLight offers transaction analysis that examines free-text descriptions in the purchase
Analysis software reduces Tiger Brands’s inbound supply chain costs Read More »
Reducing Greenhouse Gases (GHGs) has become a priority for South African business and the Government.What role will procurement professionals play in this regard? The following graph shows the various scenarios of the changes to the volume of SA’s GHG emissions. At the Climate Change Summit earlier in 2009, consensus between industry and government included the
Reducing SA’s Carbon Footprint – the Procurement profession’s role Read More »
PanAvest International and Development Corporation has signed an exclusive agreement to promote and market the ProcServe suite of trading management and eMarketplace solutions in Africa, Dr. Douglas Boateng, PanAvest CEO, has revealed to SmartProcurement. As the value proposition and business models surrounding the concept of electronic marketplaces continues to gain ground internationally, a visionary company
Africa ready to take advantage of e-marketplaces Read More »
