TRENDING
THE STATE OF PROCUREMENT IN SA AND OPPORTUNITY FOR DIGITAL SOLUTIONS
A good number of South African companies find themselves in a fairly precarious position when it comes to procurement because they have yet to properly integrate their basic processes and their weaknesses have come to be more evident during this time that limits peoples ’ movement and physical contact . Anne-Emmanuelle Grené , Head , Oxalys South Africa , explains the importance of digital procurement solutions .
The advent of the global COVID-19 pandemic has changed almost every business process and for procurement , it has exposed the need to improve existing processes as well as exasperated the opportunity for companies to incorporate digital solutions as remote working has become a norm for the foreseeable future .
In a recent survey conducted by software development company Oxalys South Africa in partnership with the Chartered Institute of Procurement and Supply ( CIPS ) and Smart Procurement entitled : Post COVID-19 : Procurement Key Priorities and Challenges in the Digital Era in South Africa – it was established that although there might be a lack of maturity in the South African procurement space , there is a real will to make it a strategic function , especially in the wake of the challenges brought on by the pandemic . and is the preferred partner for mid-sized and large organisations from all industries in more than 25 countries around the world . With more than 30 years ’ experience in the digital procurement solutions space , Oxalys ’ solution helps organisations digitise the entire spend and procurement process from : Sourcing and contracts , purchasing and invoices , supplier relations and procurement steering .
The survey , which was conducted between October and November 2020 – polled 222 respondents who were procurement professionals and influencers from companies ( President , CEO , General Manager , CIO , CFO , CPO , head of procurement , buyer , project manager , analyst and specialist ) – that had employees ranging from 50 to 1,000 with annual revenue ranging from under R1 billion ( US $ 69.9 million ) to R10 billion ( US $ 699.2 million ).
Oxalys is a global software vendor that has a South African-based subsidiary with a focus on procurement
An interesting and very refreshing finding from this research – one that can be referred to as proudly
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