Tools & Tips

How to get to 100% value creation from procurement

As procurement professionals, what do you think your suppliers think of you – and do you care? Do they see you as a hard-edged negotiator who wants to strike the best deal, based on price alone? Or do they see you as relationship-driven, keen to create more visibility within the business and developing inter-dependent relationships […]

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Why is the difference between direct and indirect procurement important?

The distinction between direct and indirect procurement was traditionally made in the context of manufacturing businesses. However, procurement disciplines have evolved more widely into the non-manufacturing sector and, accordingly, the distinction between direct and indirect procurement has broadened. In this month’s SmartProcurement, Eman Abouzeid (CSCP, CIPS), a procurement and supply chain professional with global experience,

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Blockchain: what are the opportunities for Procurement?

By Bertrand Maltaverne, a Solutions Consultant who helps organisations digitally transform their procurement practices. To be honest, I haven’t totally figured out all of the details of the inner workings of the blockchain technology. And I do not think I will ever try to as some of it is very technical. I also do not

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9 success factors for implementing a procurement transformation project

  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 to do in your first 90 days leading a procurement division

Changing jobs or even organisations can be daunting. Managing the change is a strategic process requiring a strong sense of visionary leadership, a clear picture of the objective and reasons and a strong process of communication and involvement. Sanet Shepperson, a Procurement Executive at Cell C, provides a ‘play book’ on how to walk in,

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Updated ‘Supply Chain Management Compendium’ endorsed by SOEPF and CIPS

  The State Owned Enterprise Procurement Forum (SOEPF) and the Chartered Institute of Procurement and Supply (CIPS) have endorsed the second edition of the much-anticipated Compendium of Supply Chain Management Terms. Containing thousands of supply chain management terminologies, Professor Douglas Boateng’s Compendium provides an all-inclusive compilation of procurement and other aspects of supply chain management

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2014 SCM salary trends: Men earn 29% more than women!

  Tech-Pro’s Salary Survey 2014 highlights how growing demand for skilled Supply Chain practitioners is improving career and earnings prospects for procurement, logistics, planning, supply chain and consulting staff, in this month’s SmartProcurement. Today, business success is heavily influenced by supply chain efficiency. Having the right product in the right place at the right time is

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Why do some cross-functional teams fail? 5 critical success factors

  Using a cross-functional team in a strategic sourcing exercise for a key commodity is the accepted and preferred way to go, many teams having delivered successful outcomes. However, it is no assurance of improved performance. But what causes a less than successful outcome? Elaine Porteous asks in this month’s SmartProcurement. Cross-functional teams (CFTs), made

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