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Dear Client,
In the May 2017 edition of Bespoke Procurement Bulletin, we look at the role that supplier and community development plays in the maturing procurement function, and present concrete tips for empowering your three-bid committee members. Our soft skills piece explores the alignment and convergence of happiness and aspiration, and we remind procurement managers that ignoring stakeholders is a contributing factor to the failure of procurement projects. The usual round-up of recent top procurement and supply chain news, together with worthwhile upcoming events is included.
Enjoy the read!
Publishing Editor | Andrew C. Hillman | Bespoke Group
In This Edition |
Supplier development interview: SASDC’s CEO Gary Joseph
How to empower three-bid committee system members
Ignore stakeholders at your peril
Here’s how SA's downgrade is going to affect consumers and SMEs
Higher aspirations and the pursuit of happiness
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Supplier development interview: SASDC’s CEO Gary Joseph
Procurement, supplier development, maturation journey, economic and community development
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Gary Joseph is the CEO of the South African Supplier Diversity Council (SASDC), a supplier and enterprise development (S&ED) partner to Bespoke. Supplier development (SD), Gary argues, is in the spotlight at the moment for all the right reasons: It may have been the reworked points and codes of good practice that flicked on that switch – so to speak – but far beyond compliance, SD is proving its worth in the value it delivers to a maturing procurement function. Read More. |
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How to empower three-bid committee system members
Public procurement, three-bid system, supply chain management, public sector
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The procurement of goods and services in the public sector must be in accordance with section 217 (1) of the Constitution which provides for a system which is fair, equitable, transparent, competitive and cost-effective. Successful government procurement rests upon the five pillars of procurement: value for money; open and effective competition; ethics and fair dealing; accountability and reporting; and equity. Read More.
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Ignore stakeholders at your peril
Procurement, stakeholder management, communication |
Stakeholders are those important people who are actively involved in or impacted by any of our projects or sourcing activities. They can and will influence the outcome, precisely because they are likely to be directly affected by it. If we fail to meet the expectations of key stakeholders, projects will be delayed, will only be partially workable or at worst, doomed. Read More.
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Here’s how SA's downgrade is going to affect consumers and SMEs
Economy, downgrade, junk status, SMEs, consumers |
It is expected that the cost of doing business will increase as the compounding effects of the downgrade, including interest hikes, increased pressure on the rand and rising inflation will further stretch SMEs' already strained budgets. One of the consequences that SMEs should not overlook is how the downgrade will affect consumers and how spending trends will be affected. Here are four major effects of the junk status downgrade you should know. Read More. |
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Higher aspirations and the pursuit of happiness
Soft skills, aspirations, purpose, success, meaning
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‘Higher aspirations’ in colloquial and contemporary use is most commonly understood as climbing the ladder to higher levels of personal achievement, be it in sport, business, politics, education, professional life, or any other sphere of human endeavour. And achievement is too often qualified by the level of recognition and praise that it attracts. But no amount of praise satisfies our need to experience meaning. Read More.
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How the last 10 years of business changed everything
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Tactics are more important than strategy and less important than vision. That appears to be the new set of rules in today’s business world. Read More.
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Top stories from day two of the World Economic Forum on Africa 2017
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Here are the top stories from day two of the World Economic Forum on Africa 2017, held in Durban from 3 - 5 May 2017. Read More.
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5 infographics that explain one year of blockchain news
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If you work in finance or own any bitcoin, you likely already know about blockchain technology. But for those in neither category, here’s a quick overview of a year’s worth of news about blockchains, databases that essentially make records more verifiable and permanent. Read More.
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SA, China intensify economic development
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South Africa and China yesterday pledged to forge stronger links for the purpose of tackling daunting problems of economic and social development. Read More.
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Transformation of SA economy non-negotiable – Ramaphosa
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The transformation of South Africa's economy is inevitable, Deputy President Cyril Ramaphosa said on Wednesday evening. Read More.
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Nationalisation of banks is not government policy – Treasury
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National Treasury on Tuesday distanced itself from an opinion piece written by Professor Chris Malikane, an economic adviser to the Minister of Finance Malusi Gigaba, saying that the nationalisation of banks is not government policy. Read More.
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East Africa: Tanzania Starts Construction of Railway Line Link to Uganda
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Tanzania has started building the 300km Standard Gauge Railway (SGR) from the Indian Ocean port of Dar es Salaam to Morogoro, which line is expected to be extended to Port Mwanza on Lake Victoria to link Uganda. Read More. |
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Tanzania: CAG Points Out Pitfalls in Tanzania Oil and Gas Plan |
Tanzania may not fully benefit from its substantial oil and gas discoveries due to myriad loopholes in the management of the resource, the National Audit Office has warned.
Read More.
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Namibia: SONA 2017 - Airport Deal Back On |
Namibia government has restarted a "transparent and cheaper" tender process for the construction of the Hosea Kutako International Airport, while officials implicated in alleged irregularities surrounding the oil storage facility will be charged. Read More.
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KZN revises procurement rules to transform economy
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The KwaZulu-Natal Provincial Treasury has launched the revised Regulations of the Preferential Procurement Policy Framework Act (PPPFA) of 2017 to transform the economy of that province. Read More.
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Video of the month |
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Publishing Editor: Andrew C. Hillman | Contributing Editor: Kate Ferreira
Bespoke Sourcing Solutions (Pty) Ltd | PO Box 69042, Bryanston 2021, Gauteng, South Africa
1st Floor, Block A, Crest Junction, Cnr Judges Ave & Beyers Naude Drive, Cresta, Randburg, Gauteng, South Africa
Telephone: +27 (0)11 066 4400 | Facsimile: +27 (0)86 536 5133 | Mobile: +27 (0)72 698 3200
E-mail: clients@bespoke.co.za | Website: www.bespoke.co.za
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