The Next (re-)evolution in Procurement Generative AI (Gen AI) has gained significant attention across the world with the advent of tools like ChatGPT, which can produce human-like responses. People and companies are looking at this technology as a platform for change, and it is anticipated that over time AI will be integrated naturally into many […]
Localisation is a hot topic on the global stage, but South Africa brings its own unique challenges and opportunities to the table. In this article, we’ll dive into these nuances and introduce a Localisation Framework designed to equip procurement and supply chain professionals with the tools they need to craft an effective localisation strategy. Localisation […]
The ascent of digital technologies and online platforms has triggered a decline in the demand for conventional paper goods. Digital substitutes have gained traction for communication, advertising, and information sharing, reducing the reliance on paper-based materials. Added challenges facing the industry include the emergence of alternative materials, notably in packaging, which afford enhanced flexibility and […]
The Fifth Industrial Revolution encompasses an integration of advanced technologies such as artificial intelligence (AI), robotics, nanotechnology, biotechnology, and the Internet of Things. Subsequent to this emergence, to thrive in this digital era, individuals must develop essential skills, including creativity, critical thinking, problem-solving, adaptability, digital literacy, emotional intelligence, resilience, and cross-cultural competence. These prompts understanding […]
As South Africa marks 30 years of democracy, the nation stands at a pivotal moment, grappling with considerable challenges that demand immediate attention to advance the national development plan and enhance the quality of life for all its citizens. Despite these structural hurdles, we believe there are numerous reasons to remain optimistic about the country’s […]
Despite the intense challenges of COVID19, the shift to remote and hybrid work has also delivered productivity benefits to organisations. However, the new equilibrium complicates the development, maintenance and scaling of organisational culture. A more autonomous work environment has also reinforced the need for deep-rooted values that govern workplace conduct. These conditions create the possibility […]
Can purpose, culture and strategy have equal seats at the breakfast table? As organisations continue to drive their digitalisation agenda, we find ourselves on the cusp of the Fifth Industrial Revolution (5IR) which is characterised as new connectivity and purpose between human, machines, and technology. This revolution focuses on the personalisation of every human engagement […]
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, […]
SMMEs should be supported using coordinated and targeted programmatic strategies in order to harness their full potential. Support strategies can be crafted based on key SMME categories that vary based on SMME tenure, growth phase and size. Four key categories for consideration include: Experienced professionals and SMMEs: These are entrepreneurs and SMMEs that have been […]
“The primary focus of the Letsema Foundation is to look at leadership developments as a means to drive social change by transforming individuals and their world view, and is facilitated by transitioning them from success to significance. “ – Robin Bleekers. Our latest edition of Letsema Talks features Foundation Associate, Robin Bleekers, who takes […]
