Digitising the procurement function is your number one priority. Along with nearly all procurement teams worldwide, you’ve already started this process. Unfortunately, you’ve no doubt discovered significant skills gaps preventing you from taking full advantage of all that digitisation has to offer. You’re not alone. 83% of respondents to an…
It used to be de rigueur. Gifts from suppliers, particularly around the festive season, were commonplace and expected. Up until the end of the 20th century, tickets to corporate boxes at the footy match or meals at fine-dining restaurants were all part of doing business, and a gift policy rarely…
Procurement departments are dealing with two key pressure points right now. The first one is a skills shortage, which is hurting industries the world over. The second is the pandemic, which has placed more demand on procurement officers than ever before. The fact is, more is being demanded from fewer,…
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…
In the 24 months leading up to 2020, 22% of Australian organisations lost over $7.1m to fraud. An additional 40% lost over $1.4m. Where there’s money, there’s temptation and, with large sums of money and many stakeholders involved, procurement is particularly vulnerable to corruption. We’re all aware of this. Awareness,…
If information is power, then procurement occupies the throne, sitting as it does at the confluence of huge streams of data that flow between the company and its partners and stakeholders. Having access to all this information, however, is not the same thing as understanding it. If organisations want to…
What is category management? Humans love to group things. We’re wired to do it because it makes life easier. Animals go in one group, tools in another. Why? Quick processing and appropriate reactions. Animals might pose a threat, whereas a screwdriver isn’t something we need to run way from. Category…
COVID-19 has behaved like a spotlight, exposing faults in our workforce that were disguised by easier times. Now, 88% of respondents to a McKinsey survey report gaps in their procurement capability as a result of the pandemic. Companies are looking to rapidly upskill their employees, which is a shift from…
For many government agencies, getting aligned with the new VGPB goods and services policy is a daunting task. But nothing worth doing is easy, and what the new policy can do for your procurement processes is certainly worth pursuing. Traditionally – and this may sting – public procurement is done…
So you have some candidates for an open position to interview? Great, but if you want to save some money and time, why not just flip a coin instead? It may sound trite, but the standard 30-minute interview gives you little more than a 50/50 chance of picking the right…
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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.
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