If information is power, then procurement occupies the throne, sitting as it does at the confluence of huge streams of data that flow between the company and its partners and stakeholders. Having access to all this information, however, is not the same thing as understanding it. If organisations want to…
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COVID-19 has behaved like a spotlight, exposing faults in our workforce that were disguised by easier times. Now, 88% of respondents to a McKinsey survey report gaps in their procurement capability as a result of the pandemic. Companies are looking to rapidly upskill their employees, which is a shift from…
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Globally, procurement departments are suffering from a skills shortage. Employee benchmarking is the only way to know what areas need addressing and where you can gain a competitive advantage. New demands require new skills The perception of procurement has changed. Once considered a back-office function that existed solely to cut…
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Are you getting the best price from your suppliers? If you haven’t conducted a price benchmark, then this question should be keeping you up at night. Humans like to get comfortable. We like to establish routines and then settle into them like a big, plush, La-Z-Boy recliner. This attitude, however,…
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The modern supply chain is a beast, operating on a ‘just-in-time’ basis at a large scale. This fast and loose style works well when things are going smoothly and predictably, but when disaster strikes – like a pandemic – the vulnerabilities can no longer be ignored. The best way to…
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They promised much but, too often, delivered little. Cross-functional teams seemed to be the answer to complex projects, cutting through bureaucratic tape, promoting collaboration, and putting an end to separate departments chasing their own goals, often to the detriment of other functions within the same organisation. Unfortunately, they haven’t always…
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For Barrett’s 12 Sales Trends Report last year, my article – We change, or we burn – argued that the Bronze Age collapse was a warning we should heed. Due to the complex logistical nature of the procurement process behind the production of bronze, the world of the Bronze Age…
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If you’re in the hunt for the right procurement consultant, now is the time to strike. The pandemic has moved a lot of great procurement talent to the bench and, with the recession, many organisations are in the process of restructuring. Unfortunately, most restructurings aren’t perfect. One company’s misstep, though,…
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What is the point of sales departments? To create markets and stoke demand. Sales departments have been a standard part of industry for so long that we sometimes fail to remember that, for much of human history, sales activity was business to consumer. Business to business sales wasn’t a concept…
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Just last year, we published a blog outlining the value of a particular auction type: the reverse auction. It listed 5 benefits, which included: The reasons above are as valid now as they were a year ago, and will remain so in 2021. This has led in part to reverse…
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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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