If procurement is about buying things (and it is), then it follows that supplier relationship management (SRM) is the lifeblood of this function. The problem is that supply chains have swelled to unwieldy levels and data is flying in at astronomical rates, making SRM more complex and difficult than ever…
What can procurement consultants deliver? Procurement consultancy is interesting that it blends very specialized expertise along with focus. And you know, what we’ve done for them is that we’ve done some project management work around the overall business improvement program throughout their organisation. And, you know, certainly the CEOs came to…
A Case Study: Procurement Improvement in an Australian Company In honour of the blooming of spring we have a fresh and insightful video case study for you on Procurement Improvement in an Australian Company. You’ll find it a really valuable four minutes spent. Latest Blogs About Procurement Fraud, SMEs and Negotiation…
In an age where diversity and choice reign supreme, the recent report by the Joint Committee of Public Accounts and Audit (JCPAA) highlights an irony in the Commonwealth’s procurement approach. The analogy of ‘AusTinder’ – as coined by Julian Hill MP – is fitting. Just as in the realm of…
In the sales realm, the art of negotiation is a crucial skill, as salespeople frequently engage with prospects and clients. The problem is, in today’s marketplace, buyers – whether individuals or corporate entities – are more aggressive when it comes to negotiating terms of purchase. Many sales professionals fall short…
Reimagining how quick service restaurants (QSRs) approach the specification, sourcing, and management of COGS can yield substantial benefits, including cost reduction, alignment with evolving consumer preferences, as well as effective risk management. Over the last ten years, the quick service restaurant sector has grappled with considerable profitability challenges. Intensified competition,…
Procurement fraud is a huge issue right now. According to PwC, over 51% of organisations worldwide have been victims of fraud in the past two years. Additionally, there are rising concerns about irregularities and intentional misconduct during the procurement process due to negligence or deliberate actions rooted in collusion and…
If you’ve been following the cricket or Women’s World Cup football you’ll appreciate what a roller coaster playing in the big time is – hero headlines one minute, villain the next. Latest Blogs About Cybersecurity and Procurement Risks In our digest this month we look at playing big-time procurement in “8…
Every procurement project comes with its risks. But the bigger, more complex projects can present unique issues, and with the extra time these projects can take to complete, there’s a greater chance of these issues cropping up. For the procurement professional a big project can be a career marker, but potentially a…
It’s in the nature of procurement people to always be on the lookout for the best deal. Given the rate of employee churn, it seems we carry this ethos through to our careers. This presents a problem for procurement teams trying to develop capability. When asked what the most important…
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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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