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Sourcing

The Australian Airfare Review 2021 – Should Your Organisation Shift To A Best-Fare-Of-The-Day Approach?

The independent travel procurement consultancy, Butler Caroye, has released a new detailed report, the Australian Airfare Review 2021, which analysed a data set of over 1.3 million bookings. Most significantly, the Australian Airfare Review highlights the widening gap between Qantas and Virgin’s corporate fares. Additionally, the results compare airline deals that lock in market share …

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Australian Executives Believe Effects Of Pandemic Will Still Affect Businesses In 2030

Australian executives fear that their businesses will still be feeling the effects of COVID-19 in a decade’s time, according to a major global survey released overnight. Some of those effects – such as remote working and the shift to online shopping – will continue to present risks as well as opportunities for Australian businesses, according …

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How Can Procurement Drive Value In A Post-COVID World

Business leaders and key stakeholders look to procurement to drive value for the organisation. We already know that procurement’s role extends much further than obtaining products or services for the best price. But in today’s world, and particularly in the wake of a global pandemic and major supply chain disruption, what does value-add actually look …

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Supply Chain Resiliency Will Prepare Ocean And Air Freight Channels To Handle Trade Uncertainty In 2021

COVID-19 continues to disrupt the logistics sector. Beyond the economic implications, geopolitical change has followed, impacting traditional ocean and air freight channels creating unpredictable risks and a flow-on effect for supply chains. Supply chains therefore must constantly adapt to changes and having a lack of agility makes them vulnerable. The increasing tensions between trading nations …

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Preparing for the Next COVID-19: Building Sustainable Corporate Agility for 2021 and Beyond

As the world moves into the second year of the COVID-19 pandemic, many companies are searching for the ‘next normal’. For forward-thinking enterprises, the answer is clear — it doesn’t exist. 2020 was a challenging year due to the constant unpredictability and operational headwinds. For procurement teams, at times it’s been nearly impossible to secure …

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Three Ways To Future-proof Your Supplier Relationships

The disruptive events of the past year have alerted many procurement teams to major weaknesses in their supply chains. Following the outbreak of COVID-19, just-in-time (JIT) supply chains across the globe struggled to hold up under the pressures of consumer stockpiling, changing demands, border and factory closures, and shipping delays. Now, in the wake of …

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Australia Should Focus On Social, Digital And Climate Investments To Drive Recovery: CEDA Report

Governments should seize opportunities that deliver long-term economic and social benefits to secure Australia’s recovery from the COVID-19 pandemic, according to CEDA’s 2021 Economic and Political Outlook (EPO) report. CEDA Chief Executive Melinda Cilento said COVID-19 has taught us we do better when we are bold. Investments in social infrastructure such as childcare, aged care and housing …

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4 Ways To Optimise Your Indirect Spend

Procurement priorities may come and go in response to changing customer demands, evolving technology, an increased focus on CSR, or unpredictable supply chain disruptions. But cost reduction is a critical concern under any circumstances, and the chaotic events of 2020 have only served to increase the pressure on procurement to reduce their organisations’ spend. While …

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5 Ways The Logistics Industry Can Minimise Its Environmental Impact

The logistics sector tackled multiple challenges in 2020 while simultaneously meeting a boom in delivery volumes, thanks to an increase in online purchases. A new and growing challenge for this transport-reliant sector, however, is balancing its business goals with the desire, and expectation, to lower emissions and become environmentally sustainable. Global risk management provider SAI Global reveals …

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How To Maximise Business Success With A Digital Supply Chain Post-COVID

Many retailers have suffered from COVID-19 restrictions resulting in staff shortages, supply chain delays, and for many, a different way of conducting business. Some businesses have had to pivot to predominantly online sales, whether it be through click and collect or home delivery. For many, this period has exposed the need for sound digital technologies. …

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