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…
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,…
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…
In the first part of this series, we explored the evolution of procurement maturity, detailing the ‘Three Waves of Procurement’ – Buy to Produce, Buy to Sell, and Buy to Innovate. We discussed how procurement has transitioned from a back-office function to a strategic driver of innovation and business success. If…
Have you noticed how procurement’s really stepped into the spotlight? Remember when procurement was just that back-office team, crunching numbers and chasing discounts? We’ve come a long way from just being the ‘purchasing department.’ These days, we’re right at the heart of business strategy. We’re driving innovation and shaping business…
Welcome back to Part 2 of our series! If you missed Part 1, be sure to check it out for some great insights into the procurement process and negotiation strategies. In this segment, we’ll dive into the implementation phase, highlighting how procurement consultants make sure that the terms we negotiate…
Today, we’re diving into the procurement process and shining a light on the critical role procurement consultants play during negotiations. By the end of this, you’ll see how effective negotiation strategies can set the stage for procurement success. Before we get into the nitty-gritty of negotiations, let’s take a step…
Imagine this: You’re in a high-stakes negotiation meeting, the future of a multi-million dollar contract hangs in the balance. The room is tense, every word is scrutinized, and one wrong move could cost your company dearly. Have you ever wondered why some negotiations lead to fruitful, long-term partnerships while others…
Welcome back! If you missed Part 1, we covered the fundamentals of the Environmentally Sustainable Procurement Policy (ESPP) and why it matters for Australian businesses and the environment. We also explored what the policy entails and how it encourages sustainable practices across high-impact procurement categories. Here’s a recap to get…
The Australian Government is making strides towards sustainability with the upcoming Environmentally Sustainable Procurement (ESP) Policy, set to commence in July 2024. This policy aims to integrate circular economy principles into procurement practices, promoting environmental responsibility and innovation across various sectors. Here’s the low-down: What it is: The ESPP is…
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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.
