Blog


Big Business Must Pay Their Smaller Suppliers Faster: Navigating Australia’s Payment Times Reporting Scheme

Procurement and the Payment Times Reporting Scheme

Every year, thousands of small businesses in Australia struggle with cash flow challenges, not because they’re unprofitable, but because they’re waiting to get paid. Late payments cost small businesses more than just money – they impact jobs, growth, and innovation across our economy. For many small business owners, it’s the…

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Procurement Maturity Models: FAQ’s

Procurement Maturity Models

Imagine a procurement function that drives the organisation forward—unlocking value, creating resilience, and enabling innovation. That’s the promise of a mature procurement function, one that’s aligned with your organisation’s strategic goals and primed to respond to a rapidly changing world. But to get there, you need to understand where you…

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AI in Government Procurement: A Balancing Act of Opportunity and Responsibility

Comprara - Future of Procurement with AI

AI in government procurement—now that’s a big topic, right? The Australasian Procurement and Construction Council (APCC) has recently released a whitepaper that dives deep into this very subject. The paper, Artificial Intelligence in Government Procurement, is a fascinating read that explores not only the opportunities AI brings but also the…

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Analytical and Relational Skills in Procurement

Procurement Consulting Firm

As the CEO of a procurement consulting firm, I recently enjoyed a thought-provoking discussion with CPOs/ Heads of Procurement from three diverse sectors: FMCG, government and retail. Our conversation quickly zeroed in on a burning question: Should we be leaning more on analytical skills or relational skills? Understanding Analytical vs….

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Implementing Structured Decision-Making in Procurement

Introduction: From Theory to Action – Mastering Procurement Decisions Welcome to Part 2 of our series on procurement decision-making. If you haven’t already, we highly recommend reading Part 1: Two-Way and One-Way Decisions in Procurement to familiarise yourself with the foundational concepts of the two-way and one-way door framework. A…

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One-Way and Two-Way Decisions in Procurement

Procurement Decision-Making

Picture this: You’re juggling a critical supplier contract, but it’s stuck in approval limbo. Weeks fly by, and what should’ve been a straightforward decision is now holding up your entire project. Trust me, this scenario is all too familiar in procurement. This frustration reminded me of Jeff Bezos’ (Amazon CEO…

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Part 2: Mastering the Art of Management Consulting in Strategic Procurement

Management Consultant in Strategic Procurement

Welcome to the second installment of our deep dive into Strategic Procurement Consulting. In Part 1, we explored the day-to-day realities of the job and the crucial client interactions that define success in this field. Now, we’re taking a closer look at the skills, responsibilities, and strategies that set top…

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Part 1: A Day in the Life of a Procurement Management Consultant

Procurement Management Consultant

In today’s rapidly evolving business landscape, the role of a Strategic Procurement Consultant has never been more crucial. Organizations are increasingly turning to these experts to optimize their supply chains, drive innovation, and reduce costs—all while aligning procurement strategies with broader business goals. But what does this role actually entail…

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9 Big Trends: How Procurement Data Has Transformed Since 2022

procurement technologies and practices

When we published our Data Suite series back in 2022, we knew the procurement landscape was evolving rapidly. But even we couldn’t have predicted just how quickly things would change. In the past two years, we’ve seen a seismic shift in procurement technologies and practices, driven by advancements in AI,…

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The Heart of Procurement: Why People and Capability Matter

The Importance of Capability in Procurement

The capability and composition of your Procurement and Supply team play a crucial role in determining the success and strategic impact of the function. A capable procurement team goes beyond simple cost-cutting measures, driving value creation through innovation, risk management, stakeholder engagement and sustainable practices. This article explores the strategic…

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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.