Procurement Strategy

Optimising value with a win-win supply chain

StevenBowen_200.jpgSupply chain partners that collaborate drive continuous improvement and innovation. But getting there takes a new approach, writes Steven Bowen and Kate Vitasek.

Procurement in 7 memes

DistractedBoyfriend_small.jpgThey say a picture tells a thousand words. How about a procurement meme?

Okay, millennials. Strap yourselves in, because Hugo Britt, Content Manager at Procurious, is going to attempt to meme. Is meme even a verb? Perhaps not, but that isn't going to stop him.

For older readers who don't really know (or care) what memes are, don't worry - Britt's got you covered. Whether it's Bad Luck Brian, Kermit Sipping Tea, or King Leonidas screaming "SPARTA", Britt will attempt to add a bit of context around the meme before applying a Procurement gripe to each.

Join Britt at Smart Procurement World Gauteng in September, where he'll present procurement's "guide to blockchain technology and how it will change our world". He'll look at early applications of blockchain in supply chain, specifically automotive, freight and logistics.

8 ways to create procurement value

SergeyDovgalenko.jpgProcurement professionals who traditionally measure their effectiveness by means of savings will sooner or later face the following problems: a depletion of supplier resources and a loss in supplier motivation in terms of further co-operation. Suppliers cannot always be the sole source of benefits, patching holes in your company's balance sheet with their funding, says Sergey Dovgalenko (FCIPS), Head of Procurement, Etihad Airways.

Are procurement leaders intellectually lazy when forming African strategies?

MorneMostert.jpgAfrica is deeply dichotomous. This reality confronts any procurement leader when addressing the question of African distinctiveness in the process of long-term strategic decision-making, says Dr Morne Mostert, Director of the Institute for Futures Research, in this month's SmartProcurement.

Procurement and the 4th Industrial Revolution

DanBartel.jpgHow can the procurement function adapt to the new reality of Industry 4.0? What can procurement leaders do to lead the change?

To explore possible answers to these questions, Dan Bartel, Group SVP, Head of Procurement & Logistics/Chief Procurement Officer, ABB, unpacks Industry 4.0 in the context of Klaus Schwab's 2016 book, The Fourth Industrial Revolution, in which Schwab (World Economic Forum Founder and Executive Chairman) identifies four significant effects of Industry 4.0 on businesses across industries.

The CPO agenda: the procurement team and CPO of the future - will you be ready?

Mediacy.jpgGiven the rapidly changing business environment facing all industries, the role of the procurement function and specifically the Chief Procurement Officer (CPO) will need to adapt and change. Will you be ready for the future?

A panel at the Smart Procurement World Western Cape Conference grappled with this very question.

Having leaned on procurement to cut costs during the recession, said the panel, enlightened Chief Financial Officers (CFOs) are now leveraging the office of the CPO more effectively to generate value that goes beyond just cost savings.

The panel agreed that it goes without saying that procurement should be a strategic function. Yet, procurement professionals continue to struggle to justify why they deserve a seat at the top.

Mediacy Mudekwa, Head of Content, Smart Procurement World, unpacks why some procurement functions fail the value test and thus fail to occupy a seat at the top.

5 pillars - a procurement blueprint for accelerating inclusive growth

Prof_MarcusAmbe.jpgSibongile_Shongwe.jpgThe ambition of creating a developmental state to transform the Apartheid economy has been hamstrung by an inability to implement transformation policies; it is a situation exacerbated by a lack of skills, competencies and capacity; and the patronage of corrupt procurement practices.

Prof. Marcus Ambe, from the University of South Africa's School of Public and Operations Management, in collaboration with Sibongile Shongwe, Director of MtileniMazi Enterprises, unpacks a procurement blueprint to accelerate inclusive growth and socio-economic development, in this month's SmartProcurement.

Retaining procurement talent: ready for the future?

RafiqueJassiem.jpgSupply chain professionals in retail have an unprecedented opportunity to drive a profound shift in supply chain operational performance. But how will they strategically attract and foster a workforce that is ready to meet the evolving demands of future consumers, asks Rafique Jassiem, Group Procurement Manager, Oceana Group.

How to efficiently plan and execute supplier negotiations

KatherineBarrios_small.jpgSupplier negotiation has become an intrinsic part of the supply chain process and, for many companies, this could be the most critical process in the whole chain. Katherine Barrios, Chief Marketing Officer, Xeneta (a benchmarking and intelligence platform for ocean freight pricing), looks at some of the crucial aspects in supplier negotiation.

Procurement with purpose: beyond the bottom-line

Patrick_McCarthy.jpgHow can you embrace the notion of procurement with purpose authentically and in ways that are consistent with your core beliefs and ideals? Patrick McCarthy, SVP and GM, SAP Ariba North America, guides the way...

Procurement agility in the age of digitalisation

GilesBreault.jpgHow can your procurement team embrace the age of digitalisation and develop an effective roadmap that ultimately puts you in the driver's seat?The digital enablement field is wide open, with no single right answer on how to proceed.

However, there are ways that can help organisations to plot a way forward. CPOs must define a roadmap for change and align it with enterprise-level digital transformation initiatives, says Giles Breault, Supply Chain, Sourcing and Procurement Executive at The Beyond Group AG.

Procurement predictions for 2018

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The 'why' behind the drive for retail process efficiency

RetailProcessEfficiency_resized.jpgProcess efficiency is good. In fact, it is one of the most frequently cited objectives of the procurement profession. But it cannot have a real impact unless we understand the bigger picture...

From compliance to data-driven procurement: are you there yet?

MlulekiNtlemeza.jpgWhile some procurement professionals may be stuck in the rut of policy, procedures, and process compliance, the growth of data has reached levels where "we don't know what we don't know".

When a pilot - entrusted with the safety of all passengers on board - flies through a thick haze of fog without a glimpse of the horizon, in preparation for landing, she relies on the data provided by the aviation navigation system, for a safe descent.

As with aviation navigation, data is the DNA of corporate strategy, from which procurement derives its own objectives. Without proper analysis and understanding of its data, the enterprise - to use the above analogy - will be lost in the fog, writes Mluleki Ntlemeza (MCIPS), e-Procurement specialist at PetroSA, in this month's SmartProcurement.

CPOs - becoming Board-relevant and building stronger relationships with senior execs

BillCrothers.jpgEven though the Procurement function is becoming critical to business success, it all too often remains seen as driving cost savings rather than being worthy of a seat at the Board table in determining and helping to drive broad corporate value.

However, working on the Board of Greensill Capital, a global supply chain finance specialist company, Bill Crothers, a former UK Government Chief Commercial/Procurement Officer, has seen how Chief Procurement Officers (CPOs) can make a dramatically positive contribution to the balance sheet, work with their Treasury, Finance, and IT colleagues, and be much more Board relevant.

In this month's SmartProcurement, Crothers writes about how CPOs can build stronger relationships with senior executives and make a dramatic impact on their businesses.

Whose services are your really procuring?

ToniJackson.jpgThe workforce is fundamentally changing and it's increasingly important that you can access the skills you need when, where and how you need them. But with the increase in corporate usage of external workers comes additional challenges and risks. Toni Jackson, Director of APAC at Fieldglass, an SAP company, in Sydney, unpacks the implications.

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Career opportunites

Risk Control Manager

  • <500 000 Gauteng Permanent Procurement Consultant Projects / Category Management
R450 000 - R550 000 per annum.Location: Johannesburg ...More

Demand Planner

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Fuel Logistics Manager

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Supply Chain Manager

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SENIOR BUYER

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Supply Chain Analyst

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Supply Chain Manager

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Demand Planner

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Demand Planner

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Warehouse and Distribution Manager

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National Supply Chain Manager

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Procurement Specialist

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Supply Chain Analyst Lead

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CIPS Tutor and Coordinator

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Commerce Edge South Africa,Division: Commerce Edge Academy,Location: Johannesburg, ...More

Warehouse Manager

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Senior Buyer

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Operations Manager

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Warehouse Manager

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Supply Chain Analyst

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Commodity Manager

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