About the webinar
Most organisations such as state-owned entities, mining houses and municipalities recommend that their suppliers use the SEIFSA Price and Index Pages (PIPS) when adjusting their contracts. This process is often referred to as a Contract Price Adjustment (CPA).
SEIFSA PIPS is the best tool to use to adjust cost increases resulting from price changes. When correctly applied, the indices will ensure that companies boost their margins during down-market conditions.
This free webinar outlines the contents that will be expounded in great detail in the Theory and Calculation of Contract Price Adjustment course. Some examples include:
- an exposition on SEIFSA PIPS including a review of roughly 239 indices currently published;
- the advantages of using PIPS in the CPA process;
- consequences of not using SEIFSA PIPS in a CPA; and
- case studies that highlight the potential negative effects that price changes and inflation can have on the margins and sustainability of businesses, especially when a contract does not stipulate that SEIFSA’s PIPS must be used in the calculation of a CPA.
About the presenters
Palesa Molise is an Economist at SEIFSA. She holds an M.Com in Development Economics from the University of Johannesburg. Part of her role at SEIFSA entails advising on the buying and supplying side of contracts on matters relating to contract price adjustment and helping them structure their Contract Price Adjustment clauses, using the SEIFSA Price and Index Pages.
Eleen Snyman joined SEIFSA in March 2013 as an Economic and Commercial Officer in the Economic and Commercial Division. She has more than 15 years’ experience in imports and economic-related matters. Eleen is busy completing her Bachelor of Social Science (B.Soc). She assists in the daily compilation of the SEIFSA Price & Index Pages (PIPS).
Tel: 011 298 9400