Professional Development

6 strategies to rank as a procurement leader

LindaAshok_100.jpgIt is excellent if you have already gained a grip on procurement's changing landscape. If not, for many businesses, procurement remains quite intimidating. There are concerns about co-ordinating upstream and downstream processes. Risk management, supplier intelligence, advanced analytics and a drive towards innovation all suffer from disruptive digital transformation. "To keep up with the fast-changing supply chain landscape, a procurement leader has to have control over aspects that govern procurement", says Linda Ashok, a content, communications and branding professional.

10 things that I have learnt about mentoring Anzisha fellows

Louise1_125.jpgProcurement and supply chain professionals have such a broad range of skills and cross-functional business knowledge that it makes us all ideal mentors. Mentors share their professional knowledge/experiences and act as positive role models to mentees in need of some direction.

This is especially true when engaging with suppliers and mentoring young entrepreneurs partaking in enterprise supplier development (ESD) programmes. Small South African businesses are in desperate need of help...it will take some time and commitment, but the results are extremely rewarding.

Louise Paulsen, Consultant, Advisor, Director and Mentor in localisation and enterprise development shares what she has learnt while mentoring Anzisha Prize fellows remotely. The Anzisha Program is a partnership between the African Leadership Academy and the Mastercard Foundation; it seeks to increase the number of entrepreneurs generating jobs in Africa.

Adapt to survive and thrive

PrivesanNaidoo_100.jpgEssential skills for modern procurement teams

By Privesan Naidoo

Technological advances in the procurement industry will result in automating even the most complicated processes in the near future, which will save time and free up resources to unlock new opportunities. With these advances there will be less emphasis on hard skills, but there will be a shortage of soft skills, which will become more and more relevant. Procurement professionals will thus increasingly need to master soft skills to ensure a long-term career.

4 CPO futures

MatthiasGutzmann_100.jpgProcurement is under immense pressure to transform and reinvent itself. The role of the Chief Procurement Officer (CPO) and their teams in the future will look very different to how it looks today.

Matthias Gutzmann, Founder of Digital Procurement World, chatted to some procurement leaders and the conversations that ensued suggest that CPOs are at a turning point with four potential paths to follow: up, over, down or out.

A framework for developing SCM professionals

IngridDuBuisson_100.jpgBy Ingrid du Buisson

South 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.

What makes a high-performing procurement team?

HighPerformingTeam_100.jpgBy Abby Vige

How do you build and nurture high-performing teams?
Recently, I realised that my management brand is being built whilst I'm busy planning how I want to be a better manager. In other words, it's the small daily interactions of how I show up in the world that count, not the long-term plans yet to be actioned.

Big gestures show your leadership style, sure, but where people really form an opinion about the type of leader you are is how you greet them in the morning, how you handle stress, how you help them when they are stressed, how you organise yourself and the team in small ways. Also, how you back them when it counts or if you back them at all.

I realised that I am working in the opposite way to how I have been generally managed in the past and the management styles I have seen around me. If building high-performing teams is seen as a strength of mine, what is it that I do?

First, let's get back to the basics...

From the backroom to the boardroom: the rise of the Chief SCM Officer

DouglasBoateng_100.jpgGlobal directional-level corporate and policy decision-making corridors are going through unprecedented changes. These dramatic shifts have been largely influenced by the increasing importance that boardroom executives attach to supply chain management.

Today, the skills and knowledge of supply chain management professionals are increasingly being utilised, with forward-thinking executives and policy makers now officially accepting the Chief Supply Chain Management Officer as a member of the C-suite.

Drawing on a sample of international organisations, including Fortune 1000, FSTE 250 and JSE 100 companies, as well as public-sector organisations with a combined revenue or spend of well over a trillion USD, the study by Professor Douglas Boateng [1] examined directors' understanding of the strategic importance of supply chain management and, in particular, the increasing boardroom role of the Chief Supply Chain Management Officer.

Join us at Smart Procurement World Indaba in September for a panel discussion on 'Driving a Procurement Mandate and the Professionalisation of the Function - the need to rebuild, professionalise and license the procurement professional in South Africa' >>

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.

Free State welcomes Smart Procurement World

SPW_FS_100.jpgSmart Procurement World is bringing its regional conference to the Free State.

Partnering with the Free State Department of Economic, Small Business Development, Tourism and Environmental Affairs (DESTEA) has enabled Smart Procurement World to take its procurement and supply chain indaba into its fourth South African province.

Since beginning in Gauteng in 2009, Smart Procurement World has extended into the Western Cape, KwaZulu-Natal and, on 19 March 2019, into the Free State.

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.

Professionalising the procurement profession: panel discussion at 2018 Smart Procurement World

SPW_Panel_prof_300.jpg'Professionalisation!' has long been the war cry of procurement practitioners across the globe, and not less so in South Africa, where corruption is rife and procurement is often seen as the root of all evil - the home of the so-called 'tenderpreneur'.

But what does this mean?

Why is the difference between direct and indirect procurement important?

EmanAbouzeid.jpgThe distinction between direct and indirect procurement was traditionally made in the context of manufacturing businesses. However, procurement disciplines have evolved more widely into the non-manufacturing sector and, accordingly, the distinction between direct and indirect procurement has broadened.

In this month's SmartProcurement, Eman Abouzeid (CSCP, CIPS), a procurement and supply chain professional with global experience, explores some of the supply chain practicalities that arise from the distinction between direct and indirect procurement.

Rising to the procurement challenge: a story of talent and technology

KumeshneeWest_100.jpgProcurement has a key role to play in driving business efficiency in the Fourth Industrial Revolution. To maximise its impact, research points to the fact that investing in the skills of people, especially leadership skills, will be just as important as keeping up with advances in technology. Kumeshnee West, Director: Executive Education at the UCT Graduate School of Business, and a panellist at the recent Smart Procurement World Indaba, unpacks this topic in this month's SmartProcurement.

6 steps to optimise your procurement workforce

DougLeeby_100.jpgTo become more agile, organisations are re-evaluating their workforce strategies. Although strategists often talk about 'total workforce management', what their business functions - procurement included - need most is something much simpler: total workforce optimisation (TWO).

For most business functions, human capital is the most important asset and its largest single operating expense. It is also a constant concern for executives who fear they do not have, and cannot acquire, the right mix of top-tier talent to compete and succeed, says Doug Leeby, CEO of Beeline, which provides software solutions for sourcing and managing the extended workforce.

Join us at Smart Procurement World's Gauteng Indaba on 18 & 19 September where our panel will discuss how you attract and retain great people to work in a public sector procurement department.

Ronald Mlalazi (FCIPS) appointed MD of Commerce Edge

Ronald_small.jpgCommerce Edge South Africa has announced the appointment of Ronald Mlalazi (FCIPS) as their new Managing Director.

He succeeds Bernie van Niekerk, who, after 18 years leading the business, will now focus on Commerce Edge's international business expansion.

Mlalazi joins Commerce Edge's team of country heads from Australia, Africa outside of SA, and soon-to-be-established USA.

Skills and characteristics of a successful global procurement manager

EmanAbouzeid.jpgCall it 'purchasing', 'procurement', 'supply management' or 'sourcing', the role of procurement within organisations is changing significantly. Purchasing departments are, at last, moving from reactive to proactive, responding to management's demand that they add value to an enterprise rather than retain their traditional role as cost centre.

Consequently, the procurement manager of today needs to be a far different type of individual than in previous years. The characteristics and skills sets required are much broader in scope and much more detailed in their execution.

Eman Abouzeid (CSCP, CIPS), a procurement and supply chain professional with global experience, unpacks the skills that global sourcing professionals should master.

Join us at Smart Procurement World for a keynote presentation from CIPS on the skill sets required of the future procurement professional: Artificial Intelligence (AI) and Blockchain are rapidly redefining the traditional role of procurement professionals. Simultaneously, organisations require ever-higher standards of corporate governance and social responsibility.


 

 

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