The Problem with Procurement Models Here’s something that should make us pause: Walk into the most sophisticated procurement departments today, and you’ll encounter a curious contradiction. Teams are armed with the 5 P’s of Procurement, the 7 R’s of Procurement, and the 10 C’s of Supplier Evaluation, yet many still…
The best procurement leaders in 2025 don’t see themselves as cost managers or process guardians. While others scramble to react to the next supply shock or budget crisis, these leaders are already three moves ahead. They’ve transformed procurement from a reactive function into a predictive advantage. And they’ve done it…
Everyone wants data-driven procurement, but few realise how quickly a badly-built category tree can turn procurement spend analysis into guesswork. Before we dive into the 17 Ways Not to Categorise Spend, let’s level-set the language: Armed with these definitions, you’ll recognise why each misstep on the list hurts accuracy, inflates…
In a room full of confident voices, the one with the facts leads. At a time when CFOs are scrutinising spend, CMOs are chasing agility, and CIOs are under pressure to deliver transformation at scale, procurement has a unique opportunity: to be the unifying force that drives clarity, action, and…
Procurement leaders operate within an environment of constant tension, where competing priorities pull in different directions. The reality is that procurement has evolved far beyond its traditional focus on cost savings and contract negotiation. You need to be a strategic thinker, risk manager, digital innovator, sustainability champion, and relationship builder…
In the first article, we looked at how “yes” can sometimes come at a high cost and why understanding power dynamics is crucial for effective Procurement. Now, let’s delve into the strategic power of “no”—a mindset shift that, when used wisely, turns resistance into a tool for deeper value creation….
Negotiation is a core competency in strategic procurement, but it is also one that evolves with time, technology, and market dynamics. For Procurement, the evolution from traditional bargaining to a nuanced, value-driven approach marks the difference between routine cost savings and transformational impact. The mantra of “win-win” negotiations has dominated…
What if your AI-powered procurement tool automatically rejected a supplier simply because they were from an emerging market? This isn’t just a hypothetical—it’s happening today. Artificial Intelligence (AI) is reshaping procurement, streamlining supplier selection, risk assessment, and contract management. But for all its promise, AI introduces ethical dilemmas that can’t…
Let’s talk about those unforeseen disruptions that keep procurement leaders awake at night. You know the ones: a single ship, like the Ever Given, runs aground and suddenly 12% of global trade is stuck in limbo; or a global chip shortage hits, spawned by demand spikes and pandemic-driven slowdowns that…
As a Chief Procurement Officer, you grapple daily with complexities that defy conventional playbooks. Tariff policies shift unpredictably, trusted suppliers falter without warning, and emerging technologies disrupt well-established value chains. Have you noticed that static job roles struggle to keep pace? When a key supplier’s production grinds to a halt…
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Comprara Pty Ltd
Comprara acknowledges the traditional Aboriginal owners of country, recognises their continuing connection to land, water and community and pays respect to Elders past, present and future.
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