Engaging with Indigenous-owned enterprises is a key part of building your supplier diversity. Not only is it beneficial for your organisation, it helps an important community develop economically and gain more independence. For it to be done sustainably, you have to develop your own Indigenous Procurement Policy (IPP). In this…
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One of the most significant challenges for companies is identifying modern slavery risks in their supply chain. Procurement spend analytics can help by providing companies with comprehensive supply chain data that can be used to identify and address modern slavery risks. Modern Slavery Statement’s Looming Deadline… and then what? The…
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Sustainability isn’t a buzzword anymore; thanks to customer demands (expectations, even) and government regulations, it’s the new normal. Unfortunately, the traditional, linear supply chain, with its resource-heavy inefficiency, doesn’t lend itself to this ESG-focused world. If organisations want to capture the loyalty of the contemporary customer and stay in the…
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Expand or die. It may seem like a brutal ultimatum, but it holds some truth when it comes to the business world. Organisations, like the universe, cannot stay still: they expand or they contract. That’s it. If you want to keep operating, you have to keep growing. But this growth…
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What is your competitive advantage? If you hesitate when asked, then take cold comfort in the fact that you’re not alone. Too many businesses haven’t performed an adequate value chain analysis, which means they can’t know precisely what value they’re generating and which areas to target for gain. If you…
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The future is bright for those organisations who adopt green supply chain management. By 2025, the global consuming class is expected to have swelled by 75 per cent since 2010. In addition, incomes are growing and people are spending a larger portion of their budget on consumer goods. If companies…
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What’s the ROI of your supply chain diversity programs? If you’re struggling to come up with a number for this, you’re not alone. A poll taken as part of Supplier Diversity Discussions asked companies what the primary reason was for having a supplier diversity program. The most common reason by…
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For the vast majority of organisations, key strategic imperatives involve the use of third party suppliers. To achieve processing efficiency and cost savings, among other objectives, there’s simply no other way. But, as much as sourcing and offshoring initiatives are beneficial, they’re not without their risks. And as supply chains…
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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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The common thought is that COVID-19 has exposed weaknesses in our supply chains. The reality, however, is that most organisations have been dealing with significant unforeseen vulnerabilities and disruptions for at least the past decade. The word to focus on in that sentence is ‘unforeseen’. Admittedly, there are some disruptions…
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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.
