Shortcomings in current methods of accounting must be addressed for improvement in supply chain productivity Thirty years ago, MRP and standard cost accounting were a good way for an organisation to try and figure out how much it was saving thanks to improvement activities, says John Darlington, Managing Director at Value Flow Consulting Limited and […]
Cost accounting: public enemy no.1 to supply chain productivity Read More »
Reduce cost, manage supply continuity and increase the amount of expenditure under management by leveraging the data and classification services of expenditure performance management, says Marlene de Jager, Account Executive LOB: Procurement for SAP Africa in this month’s SmartProcurement. By providing visibility into spend, organisations can identify cost saving opportunities and evaluate supplier risk, says
Increase savings, reduce supplier risks through leveraging data Read More »
Purchasing Index’s (PI’s) experience of giving executives relevant, real-time, highly visual information is that it leads to change in how work gets done (process) and the way staff do their work (behaviour) in the organisation. It’s the most effective way of turning facts and figures into action and delivering increased sales, efficiencies and savings, Joshua
How to turn data into action Read More »
For as long as Shirley Le Roux, MD of TraveluXion, has been involved in travel management services she has been cognisant of the battle within organisations around Corporate Travel management. In this months’ SmartProcurement Le Roux explains that the battle is finding a workable balance when procuring travel, a balance that ensures that all the
Travel and expense management solutions: RFI Questions answered Read More »
The great irony of today’s ERP systems is that, once they are implemented, it becomes harder to extract information so that it can be used within the business to drive decision-making and take action, Alan Low of Purchasing Index (PI) says in this month’s SmartProcurement. Spend analysis can have a huge influence on the behaviour
ERPs make procurement data extraction harder, not easier Read More »
Hollard Group Procurement Manager, Arie De Ridder, outlines how the insurer made use of leading technologies to assist them with consolidating and managing their expenditure, in this month’s SmartProcurement. Background De Ridder told SmartProcurement that Hollard procurement was faced with a number of issues for which they needed an urgent solution, these included: access to
Case study: Hollard does world-class expenditure analysis Read More »
Economic uncertainty and slow growth in many sectors of the South African economy has focused senior management’s attention on improving efficiencies in their businesses. Measuring risk is integral to managing how efficiently organisations expend their money: ‘risk’ covers the management of internal processes around expenditure and the behaviour of management and staff, Alan Low of
5 Procurement risks that need to be made visible Read More »
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
Data Visualisation: Picturing your Supply Chain Read More »
An integrated reporting and analysis tools is delivering exceptional ROI at South African Breweries (SAB), one of South Africa’s leading producer-distributors of alcoholic and non-alcoholic beverages and one of the nation’s largest manufacturing organisations. The group runs an ERP system across its operations to manage its sales, finance, marketing and supply chain functions, producing high
Reporting and analysis tool enhancing SAB’s performance management culture Read More »
Rosslyn Analytics announced in March the availability of RA.Pid Supplier Risk Profile, a new suite of information feeds that enables procurement, supply chain and finance organisations to collaboratively evaluate, monitor and mitigate supplier-centric risks in real-time in just five business days, as opposed to months, from a single screen. The RA.Pid cloud-based data service and
One-click all-in-one supplier risk analytics launched Read More »
