A recent CIPS survey found procurement salary increases to be in excess of 8%, year on year, as companies desperately try to hold on to staff. This approach cannot work. Like any profession, securing top talent is vital, but offering higher salaries as the sole incentive is unsustainable. This approach…
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Market research in procurement is the process of gathering and analysing information about suppliers, products, services and market conditions to make informed procurement decisions. It is a crucial step in the procurement process that helps organisations identify potential suppliers, assess their capabilities, and understand market dynamics. We’ve drawn on our…
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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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There’s an exciting workplace culture shift taking place in the world of Procurement. Procurement teams have come a long way in establishing themselves as valuable business partners, going beyond the traditional role of acquiring products and services. They now harness the power of spend data as a conversation starter and…
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Are you looking to further your career in procurement? Good – you’ve got your eyes on a growth career. Recent surveys found that nearly half of organisations were looking to expand their procurement team last year. But in what direction should you develop your procurement career? Where are the…
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The modern procurement professional must have a wide skillset. The job is no longer solely focused on cost reduction; organisations are looking to it for strategic insights and innovative solutions. Given this expansive new territory for procurement, many skills come into play. As we go deeper into 2023 and beyond,…
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Turnover is high. By some estimates, it’s double pre-pandemic levels. This is putting at significant risk the ambitions of procurement teams in 2023: increased adoption of digital solutions; strengthening strategic supplier relationships; further commitments to ESG initiatives. Without an adequate workforce, nothing of significance will be achieved. With many HR…
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Gone are the days when Chief Procurement Officers only managed day-to-day procurement activities; CPOs are now strategic power players in their organisations. They are responsible for developing long-term partnerships with key suppliers, managing risks, driving innovation and digital transformation, and being a valuable asset to the company’s overall strategy. At…
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‘It’s not the right time’. ‘I’d need to run this past…’ ‘It’s food for thought.’ ‘No.’ These are familiar responses to anyone who has pitched an idea to management. If you’re finding them triggering, I apologise, but hang in there: there’s light at the end of this tunnel. Preparing a…
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We could blame the pandemic, or high inflation, or world events wreaking havoc on global supply chains. But the simple fact is, reducing costs will always be a high priority for every organisation, no matter what’s happening externally. And one of the best ways to achieve this is by mobilising…
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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.
