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Procurement

AI in Procurement: Part 1 – Hello GenAI

Procurement is radically transforming with the introduction of Artificial Intelligence (AI). The potential is ginormous. Is that an enormous overstatement? Amara said that society tends to overstate the short-term effects of technology while underestimating its long-term implications. In this three-part series, we will explore how AI automates and optimises Procurement,…
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Future-Proofing Your Procurement: The Cost of Ignoring Maturity Models – Part 2

In the first part of our series, we delved into the foundational elements of procurement maturity models, from assessing the current state to charting a path towards a transformative future vision. We underscored the strategic importance of these assessments and the tangible benefits they offer. Equally crucial, we touched upon…
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Future-Proofing Your Procurement: The Cost of Ignoring Maturity Models – Part 1

Procurement is a critical strategic function that significantly impacts an organisation’s bottom line and operational efficiency. Leaders increasingly recognise the adoption of procurement maturity models as essential. These models offer a method to evaluate the effectiveness of an organisation’s procurement activities, covering aspects such as process efficiency, digitalisation, supplier management,…
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Measuring More Than Money: Evaluating the Social Return on Public Procurement – Part 2

Social Impact Procurement

Welcome to Part 2 of our comprehensive exploration into the world of Public procurement. If you’ve just joined us, Part 1 offered a foundational understanding of the shift towards incorporating social value in public procurement, the trends shaping this landscape, and the global perspectives driving Responsible Business Conduct. We highly…
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Measuring More Than Money: Evaluating the Social Return on Public Procurement – Part 1

Social Procurement Framework

Public procurement is undergoing a transformative shift. This shift isn’t just about spending money more wisely but about spending it in a way that creates lasting social value. This concept, known as social procurement, is not merely about acquiring goods and services; it’s about leveraging public spending to generate positive…
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Risky Business: The Alarming Truth Behind Government Contract Failures

$100m Defence-KPMG contract faces challenges, highlighting procurement issues, spend visibility, and the importance of risk management in Australia’s defence modernisation.

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Fair Play in Procurement: Ensuring Equity in Contract Terms – Part 2

fundamental principles of fairness in procurement,

Welcome to Part 2 of “Fair Play in Procurement: Ensuring Equity in Contract Terms.” In case you missed it, Part 1 focused on the fundamental principles of fairness in procurement, challenges suppliers face due to lack of bargaining power, and strategies for identifying and negotiating fair terms. This section will…
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Fair Play in Procurement: Ensuring Equity in Contract Terms – Part 1

strategic procurement professionals

Welcome to Part 1 of our two-part series on fair contracts. In this part, we delve into the core principles defining fairness in procurement, the significant role of procurement professionals in fostering a fair negotiation environment to drive for fair contracts and practical insights into identifying and negotiating unfair contract…
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Our Top Read Blogs and What it Tells us About Procurement in 2023 – 4 Trends

AI in Supplier Relationship Management

Procurement, as a strategic function within organisations, requires a holistic approach to its strategy and operations. Strategic Procurement and Contract Management goes beyond cost-cutting. It enhances quality, mitigates risks, boosts efficiency, and fosters strong supplier relationships. This approach significantly impacts the organisation’s commercial efficiency and effectiveness. Talent and tools stand…
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Can Strategic Category Management Innovate the Future of Australian Food Manufacturing? – Part 2

Strategic Category Management

Part 2 of 2 Welcome to Part 2 of our exploration into Australian Food Manufacturing. In the first part, we uncovered the myriad challenges facing this dynamic sector. To conclude, we focus on how strategic procurement is not just responding to these challenges but is actively shaping the future of…
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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.