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Survey: Majority of businesses still operating have lost profits and made major cuts

New research reveals that despite strong Government stimulus and a gradual opening up of nearly all States since July, 50 per cent of businesses saw a drop in their profits this year, and 55 per cent made serious cuts to their expenses. The findings come from a survey of an independent panel of 258 Australian …

Survey: Majority of businesses still operating have lost profits and made major cuts Read More »

Survey: Majority of businesses still operating have lost profits and made major cuts

New research reveals that despite strong Government stimulus and a gradual opening up of nearly all States since July, 50 per cent of businesses saw a drop in their profits this year, and 55 per cent made serious cuts to their expenses. The findings come from a survey of an independent panel of 258 Australian …

Survey: Majority of businesses still operating have lost profits and made major cuts Read More »

PODCAST: Seizing the Opportunity for Quick Wins

Guest: Brian Seipel While the challenges of COVID-19 aren’t completely behind us, many organizations are starting to look ahead to what’s next. For many procurement teams, that means identifying and defining quick wins from a cost savings or expense reduction perspective. Brian Seipel is a Consultant and Spend Analysis Lead at Corcentric, where he helps …

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Value Destruction Or Value For Money: Sometimes A Hard Call

The ideas behind value engineering are not new. In fact, they go back to the 1940s, when the construction industry in particular was seeking new and more scientific ways to guide its purchasing decisions. It would not be unreasonable to assume that the methodology and its use would have matured by now. But you would …

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