5 Procurement Myths Holding Back African Manufacturers
African manufacturers have immense potential. On the one hand, there’s a growing youth population and increased demand for products across all sectors. On the other hand, raw materials are abundant in high demand globally. However, to achieve its economic potential, Africa must prioritise creating sustainable systems around every aspect of its manufacturing ecosystem, from procurement […]
The SME guide to Smart sourcing: Skincare Ingredients
Innovative SMEs rely on Matta’s b2b digital marketplace for smart sourcing. You, too, can procure chemicals, raw materials, ingredients, and commodities from 200+ suppliers worldwide from your mobile device. Matta provides other solutions, including logistics, cross-border payments, and trade finance. The SME guide to smart sourcing is a series which aims to educate SMEs and […]
Best Practices in Vendor Risk Management for Manufacturers
Manufacturers depend on a diverse network of external partners to keep production running efficiently. From raw material suppliers to logistics, finance, and technology providers. Yet, as this reliance grows, so do the associated risks. Hence, there is a need for vendor risk management. As a manufacturer, it is essential to constantly prioritise the quality, cost, […]
5 steps to ensure your procurement process is ‘loss-proof’
According to KPMG, 77% of procurement managers agree that the risk of supply chain disruptions is a critical external factor. If you can relate to that previous sentence, this short article was written for you. If not, I hope you can pass it on to someone who does. Procurement is a high-stakes game, one that […]