Part 1 of 2 The significance of procurement teams, historically seen as logistical backdrops, have done well to gain recognition not just for their operational role but for their strategic importance. This transformation didn’t happen overnight; it’s been propelled by the explosive growth in strategic spend and an increasingly intricate…
A global recession, geopolitical turmoil and a continuing talent shortage is forcing a need to do more with less which we explore in 5 Ways Procurement Technology Can Help You Do More With Less. Agile procurement represents a dynamic approach that can transform the traditional processes which we explore in Agile procurement…
A recent CIPS survey found procurement salary increases to be in excess of 8%, year on year, as companies desperately try to hold on to staff. This approach cannot work. Like any profession, securing top talent is vital, but offering higher salaries as the sole incentive is unsustainable. This approach…
Procurement will always be about three things: getting the right product or service in a timely fashion for the lowest price. The best way of achieving this, however, changes with the times. Over the last couple of years, supply chains have been buffeted by geopolitical instability, natural disasters and a…
A global recession, geopolitical turmoil and a continuing talent shortage: these are the risks that procurement teams are dealing with now and will deal with for the foreseeable future. All told, it means doing more with less, in terms of both capital and personnel. To cope, an increasing number of…
It’s all about supplier relationships and capability in this month’s digest from three core perspectives of technology, processes, and people. Related Articles on Supplier Relationship Management and Market Research Tools We address the influence and impact of AI in “Enhancing Supplier Relationship Management with an AI Co-Pilot.” Moving on to processes…
Market research in procurement is the process of gathering and analysing information about suppliers, products, services and market conditions to make informed procurement decisions. It is a crucial step in the procurement process that helps organisations identify potential suppliers, assess their capabilities, and understand market dynamics. We’ve drawn on our…
The business world is the most complex, interwoven, ever-shifting community on our planet. No man is an island? The saying is truer for an organisation. We are, in essence, only as strong as our supply chains. It follows, therefore, that building strong supplier relationships must be a core tenet of…
If procurement is about buying things (and it is), then it follows that supplier relationship management (SRM) is the lifeblood of this function. The problem is that supply chains have swelled to unwieldy levels and data is flying in at astronomical rates, making SRM more complex and difficult than ever…
What can procurement consultants deliver? Procurement consultancy is interesting that it blends very specialized expertise along with focus. And you know, what we’ve done for them is that we’ve done some project management work around the overall business improvement program throughout their organisation. And, you know, certainly the CEOs came…
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.
