Globally, the cost is US$3.7 trillion annually. Your organisation alone is losing anywhere from $10,000 to $150,000 a year. For some departments, that’s a conservative figure. Based on these numbers alone, you’d assume those in managerial positions would be doing everything they can to stop the bleeding but, for several…
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…
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…
They promised much but, too often, delivered little. Cross-functional teams seemed to be the answer to complex projects, cutting through bureaucratic tape, promoting collaboration, and putting an end to separate departments chasing their own goals, often to the detriment of other functions within the same organisation. Unfortunately, they haven’t always…
Let’s agree on one thing: the new VGPB goods and services policy looks daunting. It’s unlikely that many VGPB expansion agencies will be currently compliant with it and getting there is a complex and sometimes confusing process. However, there’s no denying the benefits this policy can bring to your organisation….
Nothing is more pressing right now than getting a handle on your supply & contract management. Given that supply & contract management is such a fundamental part of any business, this might seem a ludicrous statement; surely everyone has sorted out their supply & contract management hygiene by now? Short…
Let’s be blunt. Negotiating with large enterprises is not the same as negotiating with small businesses. More specifically, we cannot apply the same risk management standards to a small company that we can to a larger one. It’s a pickle, because we want small businesses to be a part of…
We need to change our perception of procurement. For too long, it’s been synonymous with red tape and roadblocks. When people think of procurement, they think of a lumbering, complex, process-heavy beast that slows everything down. But that’s procurement done wrong. Procurement is meant to make life easier and more…
The world is a riskier place. Before COVID hit, companies expected to see disruptions to their supply chains lasting one to two months every three-and-a-half to four years, interspersed with several shorter-lived hiccoughs. This grim outlook reflects two realities. One, the climate is warming and serving up more frequent, more…
Engineers practice something called torture testing. It involves stretching a system beyond its normal operational capacity, pushing it to breaking point, in order to find underlying weaknesses. Procurement teams around the globe were put through their own torture test recently, courtesy of the COVID-19 pandemic. Weaknesses were exposed. A McKinsey…
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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.
