It’s a common question: If ESG initiatives are self-reported, why should we bother putting the time and money into pursuing them in earnest? The answer is that you absolutely should, and the reasons are threefold: Let’s take a more detailed look at each reason and then discuss how to do…
We may have hoped differently at the end of 2022, but high inflation is having its say in 2023. While this is creating a tough playing field globally, it’s a great opportunity for procurement teams to create value, build resilience and become that all-important strategic function organisations need them to…
Engaging with Indigenous-owned enterprises is a key part of building your supplier diversity. Not only is it beneficial for your organisation, it helps an important community develop economically and gain more independence. For it to be done sustainably, you have to develop your own Indigenous Procurement Policy (IPP). In this…
CPOs running their procurement operations without visibility into spend are committing procurement malpractice according to a recent article in CPO Rising. The article predicts that procurement teams without spend visibility will be dead-on-arrival. In the procurement world, spend visibility is the foundation of good decision-making. Without it, businesses are operating…
The modern procurement professional must have a wide skillset. The job is no longer solely focused on cost reduction; organisations are looking to it for strategic insights and innovative solutions. Given this expansive new territory for procurement, many skills come into play. As we go deeper into 2023 and beyond,…
How to Succeed Amid Conflicting C-Suite Views. Your C-Suite colleagues are facing ever more complex decisions to navigate through some tough economic times and increasing demands by consumers and government on the way you do business as much as the products you provide. Various players around the C-suite table may…
Strategies for Reducing Supplier Costs and Avoiding Price Rises If you haven’t already been hit by one of these 97 then chances are it’s right around the corner. So you need to do something about it. But what! Check out our list below and highlight the ones that you think…
Almost overnight, the COVID-19 pandemic forced the global medical industry to switch its procurement strategy from cost-reduction to value-driven. A new perspective was required as critical supplies of personal protective equipment (PPE), test kits, cleaning supplies and vaccines needed to be secured, and a disrupted supply chain dealt with. While…
Here are two facts that demonstrate the massive global influence procurement in mining has. Mining sites are operational for years, heavily influencing the communities around them and the fortunes of the companies that operate them. Procurement has the biggest say in the success (or otherwise) of these long-term projects. It…
One of the most significant challenges for companies is identifying modern slavery risks in their supply chain. Procurement spend analytics can help by providing companies with comprehensive supply chain data that can be used to identify and address modern slavery risks. Modern Slavery Statement’s Looming Deadline… and then what? The deadline for submitting the Modern Slavery…
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.
