Procurement Training

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.

10 Traits of a successful 'procurement entrepreneur'

AffirmativeProc.jpg
What is ‘Entrepreneurial Procurement’? How can the term entrepreneurial be applied to people who are working for large organisations? (Most are in procurement) Surely being entrepreneurial is about coming up with a new idea and building a business from the ground up?


“That is the conventional view of an entrepreneur, but in the context that we are using the term we are referring to a particular mindset and set of behaviours,” explains Nigel Wardropper, Managing Director of Procurement and Supply Australasia (PASA).
 

Wardropper provides a list of traits that he says demonstrates entrepreneurial thinking and behaviour in procurement.

9 skills for a successful career in procurement


1. Project Management Skills


thinking.jpgAt the core of procurement, there needs to be a competency in project management. Procurement is a culmination of many different activities that produce a finished product. A procurement professional initiates, plans, executes and monitors the project through to completion. The best people to work in procurement are organised enough to take on this responsibility. Are things being done on time and correctly? This is the mindset.


Project management solutions can help by streamlining operations and providing visibility.

 

How can procurement executives build a winning internal strategy?

 

strategy.jpgBe sure to lay groundwork for open ongoing communication among the departments partnering with procurement


It has become clear that the most effective procurement departments not only rely on their own departmental capabilities and resources, but also leverage internal partners to support their work. Below is a series of best practices that procurement leaders can follow to establish and make the most of their relationships with internal partners.


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