Dear Client,
We wish our readers a prosperous and healthy 2017! In this, the first edition of the Bespoke Procurement Bulletin for 2017, we feature an interview with MTN's Sanah Mmokwa - an up-and-coming procurement professional, and then explore the risks inherent in third-party supply relationships. We delve into the fascinating practice of category mangement for procurement benefit, and - just in time for the new year - ask how our aspirations shape us personally and professionally. The usual round-up of recent top procurement news and worthwhile upcoming events is included.
Enjoy the read!
Publishing Editor | Andrew C. Hillman | Bespoke
| In This Edition |
Up-and-coming procurement professional: MTN’s Sanah Mmokwa
Third-party risk management – cause for concern?
Bespoke is awarded Services SETA accreditation
How to: a high level look at category management in procurement
The role of our aspirations
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Up-and-coming procurement professional: MTN’s Sanah Mmokwa
Procurement rising star, interview, commodities, continuous learning
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| Procurement rising star Sanah Mmokwa is a commodities sourcing and procurement specialist at MTN South Africa. A qualified procurement management specialist, Sanah has already worked in various sectors, including government, mining sector, petrochemical, oil and gas, renewable energy, and telecoms. “I am currently responsible for execution of sourcing activities, servicing MTN SA’s information systems (IS) department,” she explains. Read More.
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Third-party risk management – cause for concern?
Risk management, third parties, globalisation, risk mitigation, supply strategy
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| A growing number of organisations have recognised the increasingly uncertain risk picture that results from relationships with third parties. There appears, however, to be much disagreement about how to effectively identify, quantify, and mitigate such risks. Read More.
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Bespoke is awarded Services SETA accreditation
Training, accreditation, growth, Services SETA, workshops, courses, education
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| In December 2016, the Services Sector Training and Education Authority (SETA) awarded Bespoke accreditation as a “provider of education and training” for the delivery of a selection of training programmes. The confirmation of this accreditation from Services SETA is an important milestone in the growth of the company – in a year of many such milestones – and enables Bespoke to offer accredited and credit-bearing courses in specific areas as per the award. Read More.
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How to: a high level look at category management in procurement
Category management, how to, steps, guide, commodities, categories
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| Organisations that are reactive in their purchasing activities and have no clear procurement goals are now realising that they are not getting the best value out of their third-party controllable spend. By processing day-to-day transactions without a plan, they could be paying too much for their goods and services. Read More.
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The role of our aspirations
Soft skills, aspirations, vision, goals, ambition
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| If ‘desire’ is a strong feeling of wanting something, ‘aspire’ is to strive and aim for something ambitious, to commit oneself to the achievement of a lofty goal. Anna Jameson wisely said that, in some sense, we are what we aspire to be. Our aspirations reflect our being. To lift our vision to a higher aspiration and connect our minds and hearts to it, transforms us. We are not the same after seeing a new destiny for ourselves than we were before envisioning it. Read More.
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| South Africa: Govts Proposed Fuel Changes a Ticking Time-Bomb - Naamsa
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| Time is running out for government to avoid the oil currently refined in SA from becoming illegal, Stuart Rayner, chair of the fuel and emissions committee of the National Association of Automobile Manufacturers of SA (Naamsa), told Fin24 on Wednesday. Read More.
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| Four key areas for global risks in 2017
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| The 2017 Global Risks Report comes at a critical moment for the world as we know it. Unprecedented forces are reshaping society, economics, politics and our planet itself in ways some might not have predicted when the first risks report was launched a decade ago Read More.
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| Africa's Economic Prospects in 2017 - Ten Countries to Watch
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The continued failure of commodity prices to recover significantly and the global slowdown of economic growth, especially in China and other emerging markets, made 2016 a tumultuous year for many African economies. Read More.
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| Gold holds near six-week peak on safe-haven demand
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| Gold on Wednesday held near a six-week high hit in the previous session, with economic and political uncertainty boosting its safe-haven appeal. Read More.
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| Uganda: Oil and Gas Boom in 2017
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| Setting up an oil refinery remains a big headache for the country's oil and gas resources. Optimism is the mood as the countdown to Uganda's first oil continues and pressure mounts on the government to put in place critical infrastructure necessary for oil production in four years. Read More. |
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| Africa: China Urges BRICS Nations to Deepen Partnership for Brighter Future
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| Chinese President Xi Jinping on Sunday called on BRICS countries, namely, Brazil, Russia, India, China and South Africa, to deepen their partnership for a brighter future. Read More.
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| Tanzania: Sumatra Irons Out TICTS-Importers Row
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| The Surface and Marine Transport Authority (SUMATRA) has intervened and managed to settle a row at the Dar es Salaam Port between importers and Tanzania International Container Terminal Services (TICTS) over new charges. Read More.
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| Inflation poses a major risk for African business in 2017
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| Business stability in SA and the rest of the continent faces big challenges next year and the major risk is galloping inflation, experts say. Inflation in two of the top three African economies – Nigeria and Egypt – is rampant. Read More.
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| Rand is one of top currencies to watch in 2017
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| The pound, krone and rand are the currencies to watch heading into 2017 as technical charts and supportive cross-asset themes signal their recent momentum may continue. Read More.
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| The era of trade agreements is over. Should we miss them? |
| The seven decades since the end of World War II were an era of trade agreements. The world’s major economies were in a perpetual state of trade negotiations, concluding two major global multilateral deals: the General Agreement on Tariffs and Trade (GATT) and the treaty establishing the World Trade Organization. Read More.
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| Video of the Month |
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| Publisher |
Publishing Editor
Andrew C. Hillman
Contributing Editor
Kate Ferreira
Bespoke Sourcing Solutions (Pty) Ltd
PO Box 69042, Bryanston 2021, Johannesburg, Gauteng, South Africa
1st Floor, Block A, Cresta Junction, Cnr Judges Avenue & Beyers Naude Drive, Cresta, Randburg, Johannesburg, Gauteng, South Africa
Telephone: +27(0)11 066 4400
Facsimile: +27(0)86 536 5133
E-mail: info@bespoke.co.za
Website: www.bespoke.co.za
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