This is the second article in a series, the first of which appeared in the SmartProcurement June Newsletter. Julian Curtiss, Manager of Commercial Marketing, Corporate Payment Solutions at ABSA Bank, told Smart Procurement that “Purchasing card programs are as unique as the companies using them, and therefore the business case varies per organisation” Referring […]
Part 2 – The Business Case for Purchasing Cards Read More »
There has been a growing trend in many SA organizations to take on temporary staff instead of employing them permanently. The convenience for employers in doing this, including being able to call on resources as and when required, is often matched by the cost savings, e.g. not having to contribute to pensions, health care, etc.
Temporary Recruitment Services – Sourcing Traps Read More »
At a recent breakfast session hosted by IPSA (Institute of Procurement and Supply South Africa) Julian Curtiss, Manager of Commercial Marketing, Corporate Payment Solutions at ABSA Bank, said that Procurement Cards are now almost universally accepted as a procurement to pay solution for both the private and public sectors of economies across the globe. He
The current case for purchasing cards – Part 1 Read More »
“The sheer amount of transactions, the lack of data integrity, multiple ERP systems and additional manual processes result in up to half of the procurement activity happening in organisations being misunderstood or misrepresented, ” Proppie Fraser GM Supply Chain Management at CEC, a provider of analytical procurement tools, told Smart Procurement. He said that in
Up to 50% of procurement spend “Under the Radar” Read More »
“How an organisation measures procurement savings is usually a topic of considerable debate. Of equal interest is “How does Procurement influence / make the savings happen?” says Alan Low of Purchasing Index. “Savings that are promised but not actually realised are becoming increasingly “hot” topics for senior management (and for Procurement).” He mentions a recent
Only 30% of promised Procurement savings actually achieved – Time to cut the budget? Read More »
Commerce Edge, a provider of World Class Procurement training solutions, has sold a majority stake in its South African business to CEC (Cutting Edge Commerce), a leading BEE supplier of Procurement information, analysis and consulting services… “The deal improves Seta Accredited Commerce Edge’s BEE (Black Economic Empowerment) rating (the company is now a level 4
CEC acquires local World Class procurement training provider Read More »
“Organisations that want to get control of their spending need to move away from an accounting mindset to one that understands where spending starts: in the heads, and on the desks, of ordinary managers and employees,” Stanton Jandrell, CEO of Fraxion, told Smart Procurement. “Almost every organisation that spends money – from businesses through government
Spend management beyond the obvious: implementing best practice Read More »
Although travel expenses account for a significant – and rising – portion of a business’ s operating expenses, it remains one of the most difficult to manage or control. This results in unnecessary costs, says Warren Tanner-Ellis, general manager, Travel Management Solutions at MWEB CommerceZone, a provider of hosted e-Procurement solutions and services. “These costs
Taming travel expenses? Boost your compliance! Read More »
E-Procurement as a solution in the South African marketplace is steadily gaining ground, growing not only in transaction value, but also in transactions volume and the number of suppliers, Philip Katz, Managing Director of e-Procurement provider mymarket.com told Smart Procurement. Reflecting back on the early 2000’s when e-Procurement started out in South Africa he says:
Local e-Procurement provider grows to 100 000 procurement transactions a month Read More »
Lonmin Platinum’s Procurement Centre of Excellence has moved away from manual spend analysis efforts, using spreadsheets, to an automated solution using CCI-Growthcon’s Description Based Spend Analysis (DBSA) software. Tony Davey (Head of the Lonmin Platinum, Procurement Centre of Excellence) explains that “we are being placed under increased pressure to obtain good quality products and services
