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…
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We were invited by Sue Barrett to contribute to Barrett’s 12 Sales Trends for 2023, titled “The Case for Human-centred Economics”. Below is the piece we wrote on the human approach to procurement. You can find Barrett’s full report here.[1]. I think we can all agree on procurement’s primary objective:…
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Gone are the days when Chief Procurement Officers only managed day-to-day procurement activities; CPOs are now strategic power players in their organisations. They are responsible for developing long-term partnerships with key suppliers, managing risks, driving innovation and digital transformation, and being a valuable asset to the company’s overall strategy. At…
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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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2022 was arguably the hardest year on record for procurement teams worldwide. Unfortunately, the issues responsible for this aren’t disappearing with the coming of a new year, and some are only going to get worse. The constant pressure procurement teams have been under in recent years looks to be a…
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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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Data protection has been a growing concern worldwide as more of our personal information moves online. In Australia, this concern has become acute recently after the hacking debacles at Optus and Medibank. Many have wondered, ‘How can this happen?’. Many are now asking, ‘How could this have been prevented?’. On…
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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….
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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…
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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…
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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.
