Procurement Training

How much can procurement change on its own?

KellyBarner_100.jpgThree ways in which collaboration can create procurement transformation

Procurement has been trying to make changes to its processes, priorities and brand identity for years. Our suppliers want us to be more open to contact and implore us to conceptualise out-of-the-box ideas. Our internal stakeholders want us to move faster and let their input play a larger role in supplier selection than merely request for proposal performance. Distributed buyers want speed, convenience and autonomy. Finance wants more savings that they can track all the way to the bottom line, and marketing and human resources mostly just want us to go away.

"But what about procurement? What do we want?", asks Kelly Barner, Managing Director, Buyers Meeting Point, an online resource for procurement and purchasing professionals.

Planning procurement's response to the Millennial Generation

ChrisSawchuk_100.jpgThe Millennial Generation represents one of the greatest potential influences and challenges to managing talent in the next year or two.

Hackett's 2016 Procurement Key Issues study revealed that talent management remains one of the top-three critical or major areas of focus for virtually all procurement organisations. The two perennial favourites, category management and strategic sourcing, make up the other top focus areas.

Combined with the fact that most procurement organisations (especially those in Europe) continue to experience higher levels of staff churn and difficulty attracting great talent, organisations are targeting three specific areas to transform talent. They are:
1. Improving leadership skills
2. Honing business acumen
3. Building specialist procurement skills

"But can procurement cope with, and ultimately benefit from, the disruption brought into talent management by the Millennial Generation?", asks Chris Sawchuk, Principal and Global Procurement Advisory Practice Leader, The Hackett Group.

Creating a framework for developing SCM professionals

IngridDuBuisson_100.jpgSouth Africa currently ranks 61st out of 137 countries within the 2017/2018 Global Competitive Index (World Economic Forum, 2017). One of the Index's main critiques against the country is its inadequately educated workforce, which re-affirms the critical role of education and skills development.

It is imperative that the country ensures efficient and effective skills development and training delivery within industry, informed and driven by industry demands, within a clearly-devised strategy that partners with all role players within the economy.

It is within this context that progress is being made on a framework for the development of supply chain management (SCM) professionals within South Africa, Ingrid du Buisson, Deputy Chairperson of Professionalisation for the Interim SCM Council, told SmartProcurement.

Optimising the procurement process to boost efficiency

OptimisingProcurement_300.jpgThe role of procurement extends far beyond the belief that procurement's primary function is to obtain goods and services in response to internal needs. A world-class procurement process aims to optimise the whole process to create significant business value. Procurement optimisation leads to a number of benefits and adds remarkable value to your organisation as a whole. It ensures efficiency in your procurement process which in turn has a domino effect of positive reactions within your entire organisation.

Since the procurement process touches every organisational department and affects revenue directly, it is essential to keep the process running smoothly by regularly reviewing what's working well and what needs to be optimised for greater efficiency.

Procurement Academy's Marc Wins takes a look.

Municipal materials management may require a counter-intuitive purchasing approach

StephenBauld_100.jpgEnsuring that the right quality of an item is ordered and delivered may seem like a fairly obvious responsibility. However, doing so in practice requires a fairly sophisticated understanding of market conditions and user requirements, which, like many organisations, municipal departments do not possess.

"There is a higher probability of generating measurable savings if municipal purchasing departments play a pro-active role to assist client departments to identify needs before they arise", says government procurement expert Stephen Bauld, in this month's SmartProcurement. Bauld argues that successful municipal materials management may require a counter-intuitive approach towards purchasing.

Can procurement create jobs? #youthmonth

HeiletBertrand_100.jpgAs we leave #youthmonth behind and move into July, it is a good time to consider the difference that procurement can make in the lives of South Africa's youth. In this month's SmartProcurement, Heilet Bertrand, Marketing Manager, Institute for Futures Research, University of Stellenbosch, takes a look at what procurement can do.

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.

Building effective procurement teams: the struggle is real

GregTennyson.jpgThe conversation around talent shortages in the procurement space has been going on for five to ten years now. Greg Tennyson, CPO at VSP Global, has come to realise that the real problem is not the lack of ready-to-go procurement talent, it is the hiring managers' inability to see a future procurement professional in a law student, a finance professional, an engineer or yes, even a sales person.

MCIPS-qualified professionals in Sub-Saharan Africa earn 38% more

 

SalarySurvey.png• 57% of Sub-Saharan professionals received a salary increase in the last 12 months
• In a change from 2016, when the private sector reported the highest average salaries, last year's top performer was the charity/not-for-profit sector
• Men earn more than women at more senior levels, especially at advanced professional level where the pay gap is 26%
• Unlike the UK and in line with last year, women tend to earn more than men at managerial, operational and tactical levels
• Despite a downturn in the economy, 41% received a bonus in the last 12 months

Q&A with Lenovo's VP of Global Procurement


GlobalProcure.jpgChallenges of Global Procurement


Rob Handfield
, Co-Director of the Supply Chain Resource Cooperative at North Carolina State University (SCRC), recently spoke to John Zapko, Vice President of global procurement for technology company Lenovo, about what’s going on in the world of global procurement. Zapko has procurement authority over all software, Latin America, and emerging markets.

R H: What do you see as big challenges facing Lenovo as you look at global procurement in the areas that you work in?

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.

8 ways procurement can radically reduce costs

 

GibsonSibanda.pngProcurement-managed expenditure accounts for an average of 65-75% of many organisations’ outflows. Tough economic situations, therefore, require procurement professionals to continually implement and manage cost reduction programmes.

As many organisations continue to search for ways to reduce costs, there should be an agreed and well-defined programme for and by supply chain professionals to cut costs. Gibson Sibanda (MCIPS), general secretary of CIPS Zimbabwe branch, outlines eight initiatives and contributions that procurement practitioners can adopt to reduce and contain costs, in this month’s SmartProcurement.

To transform procurement, stop thinking about procurement

 

IanGeorge.jpgMaking a significant impact on an organisation and its key stakeholders is statistically likely to end in failure: it is a pattern that has been repeated for decades and the reasons are many and complex. However, by applying some key strategies, the potential for success can be improved significantly, writes Ian George, from the Procurement Leaders Network and Transformation Lead at ProPar consulting, in this month’s SmartProcurement.

Smart Procurement World celebrates 10 years serving procurement and SCM

 

Thumbnail image for Mediacy.jpgSmart Procurement World celebrates a landmark year in its history this year. “We are celebrating 10 years of serving the interests of procurement and supply chain professionals in South Africa. Smart Procurement World would like to say ‘thank you’ for your unwavering support over the years,” said Mediacy Mudekwa, Head of Content, Smart Procurement World.

Smart Procurement World debuts in KZN

 

20160609_085026.jpgThe inaugural Smart Procurement World KwaZulu-Natal conference saw more than 467 attendees, 41 exhibitors, 223 SMMEs and 169 delegates hosted at the conference.

Focus on value, not cost, to beat odds

 

BillMichels.jpgChief Procurement Officers (CPOs) have a very short window of time in which to make their mark at a company (the average tenure of a CPO is less than five years), and the terms of engagement are brutal: corporate mandates to reduce costs in the supply chain set up procurement officers for failure since costs can’t be reduced year over year indefinitely without a breakthrough change, which is hard to achieve, said Bill Michels, CEO and founder of Aripart Consulting.

 

 

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