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Covid 19

Coupa Business Spend Index Reveals that Business Spend Sentiment is Improving, but Remains Below Trend

We all know that, thanks to the global pandemic, business travel spend has dropped to close to nothing. But to see that represented visually is quite impactful. According to Coupa, there’s been a 97% drop in travel spend since this time last year, but overall spend confidence is beginning to return to pre-Covid levels, so

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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

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Australian Businesses Are Failing To Protect Employee Wellbeing During COVID-19

More than half of Australia’s 12 million workers received no support from their employer during the first wave of the coronavirus pandemic, despite having to adjust to major changes in their workplace, new research reveals. That number jumps to 72 per cent for people who lost their jobs during COVID-19, according to a national study by the Employee Benefits

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Restructuring supply chains could impact a quarter of exports

Up to a quarter of global products could be sourced from different countries over the next five years as companies restructure supply chains, according to research. The study, by McKinsey Global Institute, estimated that 16% to 26% of global goods exports, worth between $2.9bn and $4.6tn, could move to new countries over the next five years. The report said threats

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Procurement in times of COVID-19: What has changed?

Is procurement spearheading your organisation’s response to COVID-19? What has changed in your priorities in the past three months? Our research this year focuses on how Australian procurement teams are impacted by COVID-19. We want to understand what those changes are and how procurement functions across Australia are dealing with the challenges ahead. As things

Procurement in times of COVID-19: What has changed? Read More »

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