Businesses urged to wash up supply chain inefficiencies
Friday, March 27, 2015
Chief executive officer of Bramer Life Insurance, Regina Sikalesele-Vaka said businesses should evolve their management styles to focus on the supply chain management in order to stimulate competition.
Giving a keynote address at the fourth national competition conference for stakeholders that was held in Gaborone yesterday, she said while supply chains have existed for a long time, most organisations have only paid attention to what was happening within their organisations.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...