Professional Development

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.

Securing supply chain talent: think outside of the box

Recruitment_.jpgIt happens to all of us at some point... you get all of the way through your recruitment process - the approval to hire, sourcing, interviews, assessments and the offer - only to lose a hard-to-find candidate at the last hurdle.

Such a last-minute loss could be owed to a number of factors: a better offer, a counter-offer, a difference in career path. Irrespective of the reason, it's frustrating, disheartening and can have real business impact.

As employers, we sometimes forget that recruitment is an audition, both for the prospective employee and for ourselves. And, we don't always hold all of the cards.

To improve our chances of securing top talent, while minimising the dreaded last-minute offer decline, supply chain recruitment specialist Tech-Pro suggests we focus on the following areas.

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.

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.

Importance of logistics in supply chains: a micro perspective

TafaraSvosve.jpgToday companies face increasing levels of competitive pressure and challenges to maintain and improve profitability. There is also increasing pressure from customers and shareholders, necessitating that managers seek ways of reducing costs, while at the same time improving performance.

In a series of SmartProcurement articles, Tafara Svosve (Msc Supply Chain Management; CMILT) will focus on the role of logistics in supply chains. Our goal is to help our readers identify skills gaps they need to close to improve their logistics operations and, hopefully, improve the overall logistics performance index of their countries on a global scale.

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.

Procurement perspectives: No magical solution when it comes to ethics policy

Stephen_Bauld.jpgCanadian ethics bylaws and policies, are relatively pedestrian compared to our American counterparts. In the United States, municipal ethics ordinances often extend to campaign finance (contributions limits and public financing of campaigns), laws regulating lobbyists, open government or "sunshine" ordinances, as well as highly detailed rules relating to gifts to public officials.

Stephen Bauld, a government procurement expert, unpacks the need to institutionalise ethics in the public sector.

Introducing the Lavergne Procurement Matrix

Remy_de_Lavergne.jpgAre you a procurement value creator, or a cost-reducer? Perhaps you're neither of these - or both? Procurious member Remy de Lavergne, a transport and indirect purchasing manager, has created a new matrix that shows, among other things, just how far the profession has come.

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.

Procurement will find its value-add by grasping burning platforms

 

Trump labels it protectionism. The UK calls it Brexit. Other countries talk about local economic and manufacturing support. But whatever you call it, how do we continue to source effectively when traditional procurement is being disrupted along with almost every other industry or profession?

By grasping procurement’s burning platforms and taking them as opportunities, said Duncan Brock, CIPS Director, at this morning’s launch of the Smart Procurement World Gauteng Conference.

Procurement shines brightest on a burning platform

 

GuyStrafford.jpgEconomic woes, political uncertainty and digital disruption might trouble your CEO, but it should delight the CPO. After all, procurement can perform best on a burning platform, says Guy Strafford, Chief Client Officer, Proxima Group.

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