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Strategic Sourcing

Open vs Closed Tenders: A Deeper Dive into Making the Right Choice

Introduction In our first discussion titled “Open vs Closed Tenders: the Benefits & the Downsides” we covered the basics of open and closed tenders, highlighting the benefits and drawbacks of each. Open tenders open the door to a broader array of suppliers, promoting transparency and competition, but can lead to…
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2023 Will Be Hard on Procurement. Here’s How to Make it Easier & Gain an Advantage

2022 was arguably the hardest year on record for procurement teams worldwide. Unfortunately, the issues responsible for this aren’t disappearing with the coming of a new year, and some are only going to get worse. The constant pressure procurement teams have been under in recent years looks to be a…
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Open vs Closed Tenders: the Benefits & the Downsides

Which tendering process is right for what you’re trying to source? Choose wisely – the wrong path can put you in bed with the wrong supplier, which always leads to unwanted ramifications for the broader business.  There are, obviously, many steps to the procurement process, but none more important than…
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Price Benchmarking: The most important element of strategic sourcing

Have you done price benchmarking lately?

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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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.