Procurement is radically transforming with the introduction of Artificial Intelligence (AI). The potential is ginormous. Is that an enormous overstatement? Amara said that society tends to overstate the short-term effects of technology while underestimating its long-term implications. In this three-part series, we will explore how AI automates and optimises Procurement,…
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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…
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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,…
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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…
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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…
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$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…
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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…
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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…
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Part 2 of 2 Welcome to Part 2 of our exploration into Australian Food Manufacturing. In the first part, we uncovered the myriad challenges facing this dynamic sector. To conclude, we focus on how strategic procurement is not just responding to these challenges but is actively shaping the future of…
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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.
