{"id":2325,"date":"2007-06-21T14:56:00","date_gmt":"2007-06-21T14:56:00","guid":{"rendered":"https:\/\/www.certitrek.com\/nlpa\/2007\/06\/21\/purchasing-in-zimbabwe\/"},"modified":"2021-07-29T10:16:19","modified_gmt":"2021-07-29T14:16:19","slug":"purchasing-in-zimbabwe","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nlpa\/blog\/purchasing-in-zimbabwe\/","title":{"rendered":"Purchasing in Zimbabwe"},"content":{"rendered":"<p>One of the fascinating aspects of working here at Next Level Purchasing is that we have the pleasure of interacting with purchasing professionals from around the world \u2013 employers from over 50 countries around the world have enrolled their purchasers in the SPSM Certification Program. So I try to learn a little bit about many of the countries in which we do business.<\/p>\n<p>Don\u2019t miss updates on Procurement &amp; Supply Chain, Subscribe here!<\/p>\n<p>A bizarre situation that I\u2019ve become aware of is the runaway inflation in Zimbabwe. If you have a few minutes and an interest in global economics, give this interview on National Public Radio\u2019s Web site a listen. It talks about how people in Zimbabwe have to literally take millions of Zimbabwean dollars with them on a shopping trip and how crazy that is considering that the highest demonination of Zimbabwean dollars (ZWD) is 1,000.<\/p>\n<p>I\u2019ve recently exchanged some emails with a purchasing manager in Zimbabwe. He says that the inflation has a crazy effect on purchasing in many ways including getting quotes that say \u201cQuote is valid for now only\u201d because sometimes prices double or triple overnight!<\/p>\n<p>Makes you glad you\u2019re buying goods and services in your own country, doesn\u2019t it?<\/p>\n<p>On another note, the exchange rate seems to be remaining constant at 250 ZWD per 1 US Dollar. I\u2019m not sure what Zimbabwe\u2019s import restrictions are, but this could result in the US being a low-cost-country to Zimbabwe.<\/p>\n<p>I had to keep this week\u2019s apparent theme of LCCS going somehow, huh?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the fascinating aspects of working here at Next [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":4037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Purchasing in Zimbabwe - Next Level Purchasing Association (NLPA)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/purchasing-in-zimbabwe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Purchasing in Zimbabwe - Next Level Purchasing Association (NLPA)\" \/>\n<meta property=\"og:description\" content=\"One of the fascinating aspects of working here at Next [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nlpa\/blog\/purchasing-in-zimbabwe\/\" \/>\n<meta property=\"og:site_name\" content=\"Next Level Purchasing Association (NLPA)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:published_time\" content=\"2007-06-21T14:56:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-29T14:16:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/11\/nlpa-images-046.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/purchasing-in-zimbabwe\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/purchasing-in-zimbabwe\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"Purchasing in Zimbabwe\",\"datePublished\":\"2007-06-21T14:56:00+00:00\",\"dateModified\":\"2021-07-29T14:16:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/purchasing-in-zimbabwe\/\"},\"wordCount\":262,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#organization\"},\"articleSection\":[\"Procurement\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.certitrek.com\/nlpa\/blog\/purchasing-in-zimbabwe\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/purchasing-in-zimbabwe\/\",\"url\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/purchasing-in-zimbabwe\/\",\"name\":\"Purchasing in Zimbabwe - 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