‘It’s not the right time’. ‘I’d need to run this past…’ ‘It’s food for thought.’ ‘No.’ These are familiar responses to anyone who has pitched an idea to management. If you’re finding them triggering, I apologise, but hang in there: there’s light at the end of this tunnel. Preparing a…
Effective procurement is a journey. From spend analysis and data categorisation through to compliance, contract management and opportunity analysis, there are stations along the way where we can stop, get off and use what we’ve learned up to that point. But if you want to put into action every scrap…
ESG is the current buzz-acronym of the corporate world, but high inflation and supply chain disruptions have led many businesses to move their focus elsewhere. This is a mistake. It was once assumed that businesses had to make a choice between doing what was right and doing what was profitable….
Are You Making the Big Mistakes Without Knowing It? Procuring insurance is different from procurement in any other industry due to the unique relationship between client, insurance broker and insurer. Industry practices such as “reserving” can block you from getting the best price for your insurance, and if you’re a CFO a lack of knowledge about how the insurance industry really works can leave…
We could blame the pandemic, or high inflation, or world events wreaking havoc on global supply chains. But the simple fact is, reducing costs will always be a high priority for every organisation, no matter what’s happening externally. And one of the best ways to achieve this is by mobilising…
All organisations have one particular concern in common: proper allocation of finite resources. The difference between doing this right and doing it wrong is boom and bust. This concern touches all aspects of business, but none more so than procurement. With the rise of globalisation, supply chains have swelled into…
A good supplier relationship can produce benefits for you that go beyond simply providing you with goods and services. But if the base of your relationship with a supplier is starting to crumble, it could cost you in other ways than just the price of their goods or services. Knowledge….
Nearly 10% of annual revenue is lost to poor contract management. It’s a galling reality, particularly when you consider that it’s totally avoidable. All you need is a good contract reporting system – which is easier acknowledged than acquired. Any business that understands the limitations of the traditional Excel-based system…
The future of procurement strategy is data driven. In fact, it should already be a reality in your organisation. I don’t believe this is something I have to convince you of. We all accept it. My question is: are we actually using data correctly? Do we really understand what data is? Do we even know if we have access…
We need more participation from SMEs and minority-owned businesses in public procurement; the benefits are simply too great to ignore. With infrastructure spending at all levels of government set to remain strong for the coming years, there’s an opportunity that can’t be missed. But how serious is the government about…
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.
