In the past, procurement was primarily concerned with cost reduction, and pursued it with the blinkers on. But attitudes have changed, and procurement is now seen as one of the key weapons in the fight against climate change. How should it be used? Is it realistic? And can procurement ultimately…
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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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It’s a common question: If ESG initiatives are self-reported, why should we bother putting the time and money into pursuing them in earnest? The answer is that you absolutely should, and the reasons are threefold: Let’s take a more detailed look at each reason and then discuss how to do…
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We may have hoped differently at the end of 2022, but high inflation is having its say in 2023. While this is creating a tough playing field globally, it’s a great opportunity for procurement teams to create value, build resilience and become that all-important strategic function organisations need them to…
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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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Almost overnight, the COVID-19 pandemic forced the global medical industry to switch its procurement strategy from cost-reduction to value-driven. A new perspective was required as critical supplies of personal protective equipment (PPE), test kits, cleaning supplies and vaccines needed to be secured, and a disrupted supply chain dealt with. While…
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Here are two facts that demonstrate the massive global influence procurement in mining has. Mining sites are operational for years, heavily influencing the communities around them and the fortunes of the companies that operate them. Procurement has the biggest say in the success (or otherwise) of these long-term projects. It…
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We were invited by Sue Barrett to contribute to Barrett’s 12 Sales Trends for 2023, titled “The Case for Human-centred Economics”. Below is the piece we wrote on the human approach to procurement. You can find Barrett’s full report here.[1]. I think we can all agree on procurement’s primary objective:…
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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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Data protection has been a growing concern worldwide as more of our personal information moves online. In Australia, this concern has become acute recently after the hacking debacles at Optus and Medibank. Many have wondered, ‘How can this happen?’. Many are now asking, ‘How could this have been prevented?’. On…
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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.
