To keep employees safe and organisations functioning as COVID-19 spread around the world, previously office-bound companies shifted to a remote working paradigm. Once the preserve of freelancers and a minority of workers, remote work has permanently altered the workplace ecosystem. Essential and non-essential workers have been dispersed across multiple locations both across the same cities […]
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 […]
In our latest episode of Letsema Talks, we speak to Manav Sachdeva, an Associate Partner at Letsema, about digital procurement, its evolution, current trends within the space and the role it plays in a business’s COVID-19 response and recovery strategy. Our conversation follows Manav’s recent article, Procurement eAuctions: Delivering savings in a tough economy, written […]
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 […]
Organisations need to invest disproportionately in defining the right talent strategy within their procurement and supply chain functions. This emphasis arises from how digital technologies are changing roles and required competencies in the sector. These were the words of Kamen Govender, Partner: Next-Gen Operations at Letsema, as he delivered insights from his team’s latest research […]
New research report shows that over the last 12 months, South African companies’ interest, understanding and investment in digital technologies within procurement and supply chain has increased, with gaps widening between leaders and “traditionalists”. Johannesburg, South Africa; 17 October 2019 – In 2018, Letsema’s Next-Gen Operations team conducted its inaugural study that sought to understand […]
In 2018, Letsema’s Next-Gen Operations team launched our inaugural survey to understand the adoption of digital in Procurement & Supply Chain. We found that 22% of South African organisations surveyed are embracing digital, overcoming major barriers of people and skills, leadership alignment, and legacy data and processes to drive value for their organisations. So how […]
Are executives in South Africa embracing and scaling the potential of digital technologies in creating or maintaining world-class, competitive Procurement and Supply Chain capabilities? In July 2018, Letsema’s NextGenOps practice, led by Partner, Kamendran Govender, executed a market survey process to gain different perspectives into this question. They interviewed more than 20 executives in South Africa who […]
