Common use of Supply Chain Management Clause in Contracts

Supply Chain Management. Mintek maintains a turnkey supply chain management solution where all procurement of goods and services are centralised. This ensures proper control and adherence to policies and procedures. Additional controls to curb wasteful expenditure include: - Review of all requisitions above R10 000 by Chief Financial Officer for validity and reasonability; - Authorisation of all requisitions in terms of Delegation of Authority; and - Thorough tender process for expenditure exceeding R500 000.