Effective procurement management is focused on driving efficiencies through the supply chain through optimising the processes that support the supply chain. Effective supply chain processes can create competitive advantage and boost sales through increased delivery. There are several ways to approach process optimisation in supply chain management. Three such ways are through cost savings, […]
The COVID-19 pandemic is not just an existential threat to human health and economic wellbeing but represents the schism of local markets relying on international suppliers for essential goods. When those supply chains are interrupted, the availability of such goods is compromised. Despite significant economic growth in East Africa, averaging 5.8% annually from 2015-2019, the […]
Essential to the execution of international trade between buyers and sellers are Incoterms®, or International Commercial Terms. Incoterms® rules exist to provide specific guidance to individuals participating in the daily import and export of global trade. These rules account for the assumed cost risks and responsibility for importers or buyers at each point of […]
In the next installment of Letsema Talks, Yoshlin Pillay, a Consultant at Letsema, elaborates on what supply chain visibility (SCV) is and why SCV transcends operations to play a key role in an organisation’s strategic planning. Our conversation follows Yoshlin’s recent article, The what, why and how of supply chain visibility. Letsema Talks · Letsema […]
This article was compiled and written by Manav Sachdeva and Vinod Jose In this time of financial paralysis, organisations that respond well in times of historic crises are fast and agile. They make decisions quickly and implement those decisions effectively and efficiently, bolstering business resilience, and putting them in a position to recover and grow […]
Authors: Carolin Feck and Tavonga Shoko The Balanced Scorecard continues to be a highly relevant strategic business performance management tool. This is despite being published in 1992, when yesterday’s economy was nowhere as dynamic as it is today. Why? We believe the answer lies across four key factors: Evolution – The Balanced Scorecard has evolved […]
Author: Yoshlin Pillay Supply chain visibility (SCV) has become a common term within the supply chain management (SCM) industry and is a high priority for many firms and companies. SCV is a ubiquitous term and finding a complete definition not influenced by a vendor is somewhat challenging. In essence, SCV is the identity, location and […]
Why BPR? As businesses grow, the challenges they face can multiply and become increasingly complex. These are problems, similar to messy knots, that can only be addressed in a methodical and intelligent manner. Complex business challenges require a versatile methodology that in balance creates additional value and can be applied across a variety of industries. […]
Our approach to delivering on SCM augmentation projects What challenges does procurement face in the South African public sector? The South African public sector faces many challenges in leadership, operations and executing its mandate to serve the country’s citizens and the interests of the State. Based on our recent work within state institutions – focused […]
The global public procurement market is estimated at approximately $9,5 trillion each year (~R145,2 trillion in August 2019), accounts for 25% of all government spending and approximately 20% of global GDP. Government can influence the economy by employing either demand or supply side policies, with public procurement policy considered a legitimate tool to stimulate domestic […]
