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New institute to manage procurement

Procurement managers are now professionals‚ after the Chartered Insitute of Purchasing and Supply (CIPS) was launched on Thursday, 4 October 2012.

The institute is a professional body which will monitor procurement in SA.

MD Andre Coetzee said the body would help limit corruption by banning convicted procurement managers from certification.

"Finally we have professional structures around procurement‚" he said.

Chairman Douglas Boateng said African business was predominantly procurement-based and that CIPS would assist in regulating it.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za

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