Professional Development

Procurement's value will be judged on its alignment with the organisation's strategy

 

ShirazSarang.jpgIs your procurement division a purchasing or a procurement function? More importantly, into which category does your CEO and other key executives place your function? Shiraz Sarang, CPO at Nedbank discusses how procurement professionals can elevate the importance of the procurement function within an organisation, in this month’s SmartProcurement.

Raising procurement's image - one person at a time

 

Meerkat.jpgWho’s willing to stand up and bear the flag of procurement pride and improve our image? Elaine Porteous wants reinforcements to help raise the function’s status up to where it belongs.

Call for the creation of a supply chain management council

 

Create_SupplyChainManagementCouncil.jpgProfessor Marcus Ambe – professor of Supply Chain Management (and chairperson of the Supply Chain Management Research Group) in the department of Business Management at Unisa – posed critical questions, which set the scène for the roundtable discussion around the professionalisation of supply chain management. The discussion was held at Unisa on the 2nd of March 2017, and was organised by the Supply Chain Management Research Group in the College of Economics and Management Sciences (CEMS) at Unisa - in collaboration with the Chief Directorate Capacity Building, in the Office of the Accountant- General, National Treasury.

What should CFOs expect from CPOs?

 

ProcProcurement.jpgThe clue to the answer may appear to be contained in the job title. The narrow, traditional view of a chief procurement officer (CPO) is that they organise the buying of stuff – even if it is not stuff at all, but services – in a timely, efficient, and cost effective manner. The problem with this view is that it is wrong.

5 reasons why you should engage with a supply chain coach

Chris.jpgAt early stages of my career and even now I have tried to utilise every chance I get to interact with senior managers, learn from their experiences. And get hands-on support from them where possible and use them as my supply chain coach.

No matter whether your supply chain career is at beginners level, a career change, executive, operational or senior management, you are the owner of your career’s future and ultimately responsible for its direction and success, says Chris Gardner of Gardner Rich LLC and ‘Pursuit of Happyness’ fame.

What to do in your first 90 days leading a procurement division

 

Sanet.jpgChanging 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, take the reins and lead a procurement department.

9 tips to keep your procurement career on track


HelpfulTips.jpg

Many people think about their career goals only when they start looking for a new job, or at their annual appraisal, but ongoing career planning and management is vital for any procurement professional.

Nicky Taberner, Director at Hays Procurement & Supply Chain, gives her top tips for keeping your procurement career on track.

6 Ways to attract and retain procurement talent

 

procurer.jpgProcurement job openings are on the rise and, as organisations squabble over the best talent, it is important to make sure you are doing the right things to attract the crowd you want!

Recent studies revealed that the number of advertised procurement and supply chain roles increase by 22% each year, demonstrating a huge demand for talent in the industry.

As more people consider making the move into a procurement role, it is important for organisations to find ways to attract the best possible employees.

Adam Maidment, of procurement recruitment specialist Portfolio Procurement, offers six innovative methods to help you to attract, and then retain, the top talent out there.

Universities fail to support supply chain management

 

DSC_31721.jpgUniversities need to do more to understand the changing business environment to produce graduates that will best serve in the supply chain industry.

Many graduates are not making a valuable contribution to the industry because of a lack of proper practical integration by universities, said Prof. Johan Du Plessis, Managing Director of Logistics International and Adjunct Professor at the universities of Johannesburg and Unisa.

SA's first SMME stock exchange

 

smmes.jpgSouth Africa will in October open its first stock exchange devoted to assisting small-business operators. The exchanges will be set up in Gauteng’s Johannesburg and Pretoria, focusing on residential townships and serving mostly black South Africans, reported iol Business News in September.

Residents will be able to trade shares in local businesses, providing an alternative to the 129-year-old Johannesburg Stock Exchange. The “SMME share” exchanges will operate under less stringent listing rules and lower costs, under plans announced by Gauteng Premier David Makhura.

Visitors and exhibitors flock to the Smart Procurement World conference

 

FirstPic.jpgAs the second day of Smart Procurement World conference unfolds, more than 1000 visitors have come through to equip themselves with knowledge about procurement, supply chain, enterprise development and how to support Small, Medium and Micro Enterprises (SMME).

“Google can give you so much, but by attending this conference, I am hoping to find relevant suppliers, particularly black-owned female companies. We want our company to be in line with the B-BEEE Codes and thank goodness for this platform where one can source active and relevant suppliers,” said Tamsyn Louw, procurement professional attending the conference.

Reinventing procurement: 5 ways to turn crises into prospects using supply chain levers

 

JonathanHughes.jpgThe procurement function is at an inflection point. At many leading companies, the role of procurement has been transformed in profound ways that make the procurement organization a linchpin of enterprise strategy. Meanwhile, many procurement groups continue to struggle for influence – in large part because they remain trapped by paradigms that, while still prevalent, are decades out of date.

To adapt to a future that is already upon us, the procurement function needs to reinvent itself, Jonathan Hughes, Strategic Sourcing & Supply Chain Management Practice Leader at Vantage Partners, tells SmartProcurement.

Gauteng Treasury to assist SMMEs next week to register on government's Central Supplier Database (CSD)

 

CSD_Expo_1.jpgGauteng Provincial Treasury will assist suppliers and small businesses to register on the Central Supplier Database (CSD) next week at SmartProcurementWorld.

On 14 September 2016, Treasury will be available at The Absa Enterprise Supplier Development Expo Open Day, co-hosted at Smart Procurement World.

 A key feature of the CSD is that government procurement officials will be able to identify local suppliers throughout the country.

Absa partners with Western Cape provincial government to launch support programme for small suppliers

 

DougWalker.jpgAbsa bank, in partnership with the Department of Economic Development and Tourism, launched a business skills programme in June 2016 to equip small suppliers with the necessary skills and knowledge to grow and sustain their businesses.

The two-day programme aims to reach at least 1 000 small suppliers and, will run across the province until December 2016, says Doug Walker, Managing Executive for Absa Western Cape.

Commerce Edge SA receives CILT training provider accreditation

 

CILT_CommEdge1.JPGCommerce Edge South Africa has been formally accredited as a training provider of the Chartered Institute of Logistics and Transportation (CILT).

CILT is a professional body operating out of the UK with local representation in South Africa.

Image: Catherine Larkin and Vaughaun Zoutendyk

How to keep Millennials in procurement


Thumbnail image for YoungProf.jpg

Running a leading procurement organisation is no longer just about attracting younger workers to supply chain and procurement careers. It is about keeping them there.

Millennials are now the largest living generation, totalling 75 million, even overtaking baby boomers in size. By 2020, they are expected to represent 50% of the global workforce, too. But Millennials, like all generations, have different characteristics and values than their predecessors, and these differences are forcing businesses to rethink not just how they attract but, more importantly, how they engage and retain Millennial employees.

For supply chain and procurement organizations, this may mean making some cultural changes. According M.L. Peck, senior vice president of programs and product development at ISM, companies should be focusing on retaining Millennials, if they are not already. Millennials will need to fill the increasing number of supply chain and procurement jobs left open by retiring baby boomers.


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Career opportunites

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