The South African Mint’s new commercial strategy requires the business to compete against other mints globally. All typical profit-making facets of being a supplier of choice to governments and central banks must be considered. These being; costs, delivery, mitigating risks, ease of doing business and overall relationship management. The sourcing function was identified as a key area of the SAMC that could make a perceptible impact to the company’s strategy by acquiring raw materials and other critical items for the manufacturing department so that coins can be manufactured optimally while managing costs prudently. The aim of the research was to explore the impact of a strategic sourcing process on the production of circulation coins at the SAMC.

The South African Mint’s new commercial strategy requires the business to compete against other mints globally. All typical profit-making facets of being a supplier of choice to governments and central banks must be considered. These being; costs, delivery, mitigating risks, ease of doing busines...