Introduction Procurement consulting has become crucial for businesses since it assists companies in optimising what they spend and how they spend which is pivotal for managing costs, driving for value (and competitive advantage) and reducing risk. 1% improvement in procurement can deliver results equivalent to a 10% increase in sales….
Introduction In our first discussion titled “Open vs Closed Tenders: the Benefits & the Downsides” we covered the basics of open and closed tenders, highlighting the benefits and drawbacks of each. Open tenders open the door to a broader array of suppliers, promoting transparency and competition, but can lead to…
In the first part of our series, we delved into the foundational elements of procurement maturity models, from assessing the current state to charting a path towards a transformative future vision. We underscored the strategic importance of these assessments and the tangible benefits they offer. Equally crucial, we touched upon…
Procurement is a critical strategic function that significantly impacts an organisation’s bottom line and operational efficiency. Leaders increasingly recognise the adoption of procurement maturity models as essential. These models offer a method to evaluate the effectiveness of an organisation’s procurement activities, covering aspects such as process efficiency, digitalisation, supplier management,…
Welcome to Part 2 of our comprehensive exploration into the world of Public procurement. If you’ve just joined us, Part 1 offered a foundational understanding of the shift towards incorporating social value in public procurement, the trends shaping this landscape, and the global perspectives driving Responsible Business Conduct. We highly…
Public procurement is undergoing a transformative shift. This shift isn’t just about spending money more wisely but about spending it in a way that creates lasting social value. This concept, known as social procurement, is not merely about acquiring goods and services; it’s about leveraging public spending to generate positive…
$100m Defence-KPMG contract faces challenges, highlighting procurement issues, spend visibility, and the importance of risk management in Australia’s defence modernisation.
Welcome to Part 2 of “Fair Play in Procurement: Ensuring Equity in Contract Terms.” In case you missed it, Part 1 focused on the fundamental principles of fairness in procurement, challenges suppliers face due to lack of bargaining power, and strategies for identifying and negotiating fair terms. This section will…
Welcome to Part 1 of our two-part series on fair contracts. In this part, we delve into the core principles defining fairness in procurement, the significant role of procurement professionals in fostering a fair negotiation environment to drive for fair contracts and practical insights into identifying and negotiating unfair contract…
Procurement, as a strategic function within organisations, requires a holistic approach to its strategy and operations. Strategic Procurement and Contract Management goes beyond cost-cutting. It enhances quality, mitigates risks, boosts efficiency, and fosters strong supplier relationships. This approach significantly impacts the organisation’s commercial efficiency and effectiveness. Talent and tools stand…
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.
