Nov 1, 2018
As supply chain disruptions become more prevalent and complex, threatening the survival and reputation of organisations, businesses should be adequately insured as part of their broader risk mitigation strategies. Malesela Maupa, head of insurer relationships at FNB...
Oct 5, 2018
Even though automation can enable warehouses to support the same-day and next-day delivery expectations of customers, companies first need to have complete visibility of how their existing supply chain is structured. After all, they cannot embrace future innovation if...
Aug 29, 2018
Suppliers play a huge role in the operational capacity of a business and with a mutually healthy relationship, trusted suppliers can help a business satisfy customer needs, even in a pinch. However, businesses that source goods or services from questionable suppliers...
Jul 6, 2018
Some supplier/buyer relationships do not always work out as hoped and at times, the fallout from these failed relationships can have a significant impact on both organisations. Suppliers can fail buyers in many ways including negative business practice, poor financial...
Jun 6, 2018
Procurement fraud can be committed by employees acting alone or in collusion with vendors. While fraudulent activities between suppliers/vendors and employees are not uncommon, these transactions are unacceptable as they create a host of challenges to the business if...
May 7, 2018
Research indicates that procurement fraud is the third most reported crime in South Africa. With rising public awareness on anti-bribery and corruption, public and private organisations are forced to relook their procurement practices – and demand for...