Demand for procurement as a service is increasing
In 2021, the global procurement as a service market was valued at approximately $6,3-billion. Given that the market has a projected compound annual growth rate of 7% for the next 10 years, experts forecast that the market is likely to reach a valuation of...
Procurement is pivotal to ensuring a sustainable future
ESG (environmental, social, and governance) metrics are gaining popularity as a barometer to hold companies accountable for their sustainability efforts. By Edna Eason, MD: operations at Accenture in Africa Tracking carbon emissions, addressing human rights risks such...
Think global, act local to remedy procurement myopia
Procurement myopia can be a death sentence for an organisation. This has never been more true than in today's fragile, post-pandemic and disruption fraught business environment, where economies are still reeling, and business resilience and innovation are more...
Procurement is pivotal to ensuring a sustainable future
ESG (environmental, social, and governance) metrics are gaining popularity as a barometer to hold companies accountable for their sustainability efforts. By Edna Eason, MD: operations at Accenture in Africa Tracking carbon emissions, addressing human rights risks such...
Reform process key to improving supply chain performance
The impact of the Covid-19 pandemic, corruption and breach of ethics, rising unemployment, power interruptions and the conflict in Ukraine have created an extremely volatile and uncertain environment around the world, meaning that resilience in supply chains has...
Data management key for competitive advantage in supply chain and logistics
In logistics and the supply chain, time is money, and the market is highly competitive. If one supplier cannot deliver, customers will simply take their business elsewhere. By Nick Wonfor, head of sales for Data Management Professionals South Africa (DMPSA) There has...
New approach to ESD needed for localisation to succeed
Localisation and the development of small, medium and micro enterprises (SMMEs) are key to the growth of African economies, including South Africa's. President Cyril Ramaphosa has said that the country's post-Covid economic reconstruction plan includes a big...
Cloud ERP set to mitigate sourcing challenges
Manufacturers continue to face challenges like increased demand, enduring labour shortages and rising direct material costs. By Paulo De Matos, chief product officer at Syspro Buying better is also simply not enough and manufacturers will now need to answer the call...
To create a world class supply chain, SA logistics needs better, faster KYC
Estimates suggest the logistics industry contributes around 10% to 12% towards South Africa's GDP. But in order for the country to command a larger market share for its products on the global stage, supply chains need to be world class to ensure efficient delivery of...
Warehouses see positive workplace changes amid labour shortages
Zebra Technologies recently conducted a new global Warehousing Vision Study to explore the trends and sentiments driving operational decisions and spend in warehouses. The findings deliver encouraging news: warehouse operators are making significant investments to...
Localising the supply chain supports SMMEs, translates to economic growth
Supply chain localisation could spell significant benefits for the South African economy, driving the development of Small, Medium and Micro Enterprises (SMMEs) - a sector that is central to the country's economic recovery. By Hepsy Mkhungo, CEO and co-founder of...
Procurement processes don’t have to be slow
What hampers the procurement process? And what factors negatively contribute to a company's supply chain and its partners? By Leon Steyn, CEO of Dante Deo Identifying and acknowledging them is the first step to mitigating their effects. At the same time, we must also...