In a room full of confident voices, the one with the facts leads. At a time when CFOs are scrutinising spend, CMOs are chasing agility, and CIOs are under pressure to deliver transformation at scale, procurement has a unique opportunity: to be the unifying force that drives clarity, action, and…
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Let’s talk about those unforeseen disruptions that keep procurement leaders awake at night. You know the ones: a single ship, like the Ever Given, runs aground and suddenly 12% of global trade is stuck in limbo; or a global chip shortage hits, spawned by demand spikes and pandemic-driven slowdowns that…
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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…
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It’s early 2018, and the world’s largest ID database, Aadhaar, suffers a breach, exposing information on more than 1.1 billion people. Last year, 10 million current and former Optus customers had personal information stolen in a hack. In the last month, Fortescue Metals Group suffered its own data breach, as…
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Since the GFC of ’08, procurement has endured a 15-year stress test. Power plant meltdowns, more powerful weather events than ever before, a pandemic and the continuing Russia/Ukraine conflict. How have we, as a function, learned to deal with events outside our control impacting on our supply chains? McKinsey put…
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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…
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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…
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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…
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As we enter the new year of 2023, it’s important to reflect on the past and consider how we can improve in the future. One area that organisations should focus on is procurement hygiene. Identify opportunities and clean up your act Procurement hygiene is a crucial component of any successful…
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Environmental, social and governance (ESG) initiatives are important strategy drivers for an increasing number of organisations worldwide. This is no longer only about responsibility to the environment and community we operate in (though that is motivation enough); these initiatives are now considered key drivers in the effort to gain greater…
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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.
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