Applying recognised P2P best practice offers improved business performance
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Posted by Editor at 5:10 AM
Procurement's image problem
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Posted by Editor at 12:00 AM
Africa ready to take advantage of e-marketplaces
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Posted by Editor at 1:50 AM
Leads and tenders bulletin next level in procurement links
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Posted by Editor at 12:00 AM
What will your supply chains resemble in ten years' time?
Researchers have proposed seven key strategies for success in the future. Organisations that aspire to be commanding forces in their industries in the next ten years will have to consider all seven. South African based organisations must take note of how this will affect them, Elaine Porteous, Business Development Executive at TechPro Personnel, tells SmartProcurement.
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Posted by Editor at 12:00 AM
World Class Operational Procurement Powered by Technology
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Posted by Editor at 10:10 AM
Professional development and procurement training road show comes to Gauteng
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Posted by Editor at 9:50 AM
SCM Summit feedback: Intelligent databases further Preferential Procurement
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Posted by Editor at 9:40 AM
World-Class Operational Procurement Powered by Technology
The ability to manage supplier relationships has never been more important. The necessity for governance and control over expenditure with suppliers is simply not up for debate any more, Peter Alkema, Head of CAO OPS Absa, tells SmartProcurement.
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Posted by Editor at 9:25 AM
New Expenditure Analysis tools empower procurement, increase savings
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Posted by Editor at 2:20 PM
Quadrem Africa receives top award at annual IPSA/CIPS Pan Africa Conference
IPSA WIN
Karen Van Vuuren, IPSA Chair of Board of Directors, Catherine Hills, Client Services Director at Quadrem Africa and Deon Mocke, Vice President Quadrem Africa.
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Posted by Editor at 1:55 PM
'Supplier enablement' is a key component for successful procurement processes in South Africa
The outsourced management of suppliers is of special significance in South Africa as a component of a successful procurement / tender process in the market place, Catherine Hills, Quadrem’s Client Services Director, told SmartProcurement in a recent interview.
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Posted by Editor at 6:42 AM
Fraud prevention is better than cure
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Posted by StaffWriter at 3:04 PM
Procurement visibility needed at compulsive buyer: UK National Health Service (NHS)
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Posted by StaffWriter at 1:13 PM
The 'silver bullet' in managing travel and entertainment expenses
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Posted by Editor at 11:31 AM
World Class Operational Procurement: Oh yes, paying the supplier...
Part 9 of a ten-part series that examines key operational aspects of the so-called “Purchase to Pay” value chain
by Independent Contributor, Peter Alkema – Head: Purchase to Pay at Absa
“Money makes the world go round and this is even more so in the world of ‘Purchase to Pay’ (PTP) where the last step is often the one that receives the most attention, simply because the up-front steps and general governance has not been in place", Peter Alkema, Head: Purchase to Pay, Absa, told SmartProcurement.
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Posted by Editor at 10:58 AM
Quadrem delivers African market new services powered by SAP® Software
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Posted by Editor at 9:45 AM
World Class Operational Procurement: Electronic, XML & Other POs
Part 6 of a ten-part series that examines key operational aspects of the so-called “Purchase to Pay” value chain
by Independent Contributor, Peter Alkema – Head: Purchase to Pay at ABSA
In Part 5 of this article series we looked in detail at the Purchase Order (PO), which is a standard output document used in the initial steps of the Purchase-to-Pay process. Although a PO marks a confirmed order with a supplier, it is important to note that there are a number of different methods by which the PO can be transmitted to the supplier, depending on the contractual relationship that the organisation has with them as well as technical capabilities. “I often get asked why our suppliers do not get their POs immediately. In this scenario, supplier delivery timeframes is an important aspect of any purchasing relationship, so the people purchasing internally must be familiar with the technical set up between the purchasing organisation and the supplier for the transmission and receipt of POs”, Peter Alkema, Head: Purchase to Pay, ABSA, told SmartProcurement.
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Posted by Editor at 9:40 AM
New home grown procurement technology changes the rules of the game
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Posted by Editor at 12:35 PM
Powerful, next generation spend analysis service launched
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Posted by Editor at 9:35 AM
Mining Division Launches its Full E-Procurement Functionality with African Suppliers
Dallas & Johannesburg - Anglo Base Metals launched its full e-Procurement functionality at a formal event on 1 August 2008, in partnership with Quadrem Africa, a subsidiary of Quadrem International Ltd, a supply chain solutions company with one of the world's largest electronically connected supplier networks for private and public sectors.
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Posted by Editor at 11:30 AM
World Class Operational Procurement: Training, Training, Training
by Independent Contributor, Peter Alkema - Head: Purchase to Pay at ABSA
"The Purchase-to-Pay (PTP) value chain is a series of business events that are usually enabled by a system such as SAP. Knowledge of this process, as well as the physical steps within the enabling system is critical to drive a culture of world-class procurement within an organisation where third party spend is significant."
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Posted by Editor at 8:30 AM
World-Class Operational Procurement: Catalogues and Shopping Baskets
of the so-called "Purchase to Pay" value chain
By Independent Contributor, Peter Alkema - Head: Purchase to Pay at ABSA
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Posted by StaffWriter at 9:00 AM
New SearchLight Launched: The next level in Description Based Spend Analysis
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Posted by Editor at 6:12 PM
Further Beyond the Hype: The road ahead for Procurement
They are: 1. To create transparency; 2. To create value; and 3. To establish efficient risk management structures.
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Posted by Editor at 11:51 AM
Free State Province signs with QUADREM for centralised, verified supplier database
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Posted by StaffWriter at 8:54 PM
Only 1 in 10 procurement professionals can extract critical information
"Most World Class Organisations have realised that procurement is a key component for sustainable business success." James Yates, COO of Cutting Edge Commerce tells Smart Procurement. However, the lack of visibility into accurate and complete transaction data is hampering company performance. Usually, large companies commission an outsourced service provider to develop a solution which would provide the necessary insight into the company's spend profile and procure-to-pay activities...
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Posted by StaffWriter at 9:24 AM
Local procurement intelligence provider does global deal
New York based Information Builders (IB), a supplier of business intelligence solutions and Pretoria based Cutting Edge Commerce (CEC) have announced a worldwide partnership that will see CEC's pre-packaged procurement and supply chain reporting solution be made available globally for multiple ERP systems including SAP, Oracle, J.D. Edwards, PeopleSoft, Baan, Lawson, Sage Accpac and 1C. The solution is immediately available worldwide for SAP with other ERP systems to be released shortly.
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Posted by Bernie at 12:18 PM
The current case for purchasing cards - Part 1
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.
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Posted by Bernie at 5:06 PM
Up to 50% of procurement spend "Under the Radar"
"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.
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Posted by Bernie at 4:12 PM
CEC acquires local World Class procurement training provider
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...
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Posted by Bernie at 11:54 AM
Spend management beyond the obvious: implementing best practice
“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.
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Posted by Bernie at 11:16 AM
Local e-Procurement provider grows to 100 000 procurement transactions a month
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.
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Posted by Bernie at 1:03 PM
Lonmin Platinum uses Description-based Spend Analysis software to Support Strategic Sourcing
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 at the lowest possible price. We have recognised the need to have more “spend-under management”. In order to accomplish this, we need quicker and easier access to accurate spend data."
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Posted by Bernie at 11:45 AM
e-Procurement and Strategic Sourcing combine to deliver savings
Whilst e-Procurement solutions are improving the procurement practices of organisations by eliminating many paper-based and labour-intensive processes, increasing transparency and improving control it cannot deliver the depth of benefits expected by businesses investing in the technology. It must be supported by effective and transparent strategic sourcing.
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Posted by Bernie at 11:37 AM


