2 Link To White Paper

6 March 2023

The procurement challenge for 2023 – higher value despite rising costs

The procurement challenge for 2023 – higher value despite rising costs

As the procurement function matures in Australia and New Zealand, value delivery has to become more sophisticated than ‘just’ achieving price savings from sourcing events. Markets are becoming more concentrated, and the Law of Diminishing returns tells us that any price savings tend to zero over time. This is most likely in the indirect categories, which is …

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SA Government introduces “no brainer” changes to local procurement

SA Government introduces “no brainer” changes to local procurement

The South Australian Government is shaking up procurement to get more public spending “into the pockets” of local businesses. The Australian Associated Press reports spend allocated to SA businesses will increase by 5% or about $425 million. The Government’s annual spend on goods and services is about $8.5 billion a year.  Other changes under the …

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Podcast: Macro-economic trends, automation, and innovative procurement

Every company and the professionals dedicated to their operational performance and efficiency are always evolving. Business conditions today are complex and unpredictable, so having a better understanding of the macro landscape can provide a significant competitive advantage. During this Art of Procurement Live Session, Philip Ideson from the Art of Procurement was joined by Rujul Zaparde, the …

Podcast: Macro-economic trends, automation, and innovative procurement Read More »

Podcast: Macro-economic trends, automation, and innovative procurement

Every company and the professionals dedicated to their operational performance and efficiency are always evolving. Business conditions today are complex and unpredictable, so having a better understanding of the macro landscape can provide a significant competitive advantage. During this Art of Procurement Live Session, Philip Ideson from the Art of Procurement was joined by Rujul Zaparde, the …

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Logitech’s Head of Indirect Calls for Procurement Professionals to Drive Gender Equality through Supplier Bases

Logitech’s Head of Indirect Calls for Procurement Professionals to Drive Gender Equality through Supplier Bases

Logitech’s head of indirect, David Latten, has laid down a bold challenge for the procurement profession to foster gender equality through supplier bases.  On the eve of International Women’s Day on 8 March 2023, Latten (in an article with Supply Chain Brain) highlights that while many companies have achieved significant progress on environmental commitments, progress towards gender …

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Procure To Pay or Source To Pay?

Procure To Pay or Source To Pay?

As the procurement processes keep evolving with the dynamic market and challenges faced by procurement teams, new terms emerged to define the procurement process. While procure-to-pay is a widely known term, source-to-pay is also used interchangeably. In this article, Prasanna Rajendran, Vice President at Kissflow differentiates between the two terms to provide a clearer picture of the two processes …

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