ProcureCon Australia 2024 Blog

A Podcast with CASME: Building Procurement Talent Inside and Out

04/26/2024

CASME, the global membership community for Procurement, is a ProcureCon media partner and hosts the Pondering Procurement podcast series. With ProcureCon Australia only a few weeks away, Procurement Content Director and podcast host Graham Crawshaw chatted to one of the conference speakers – Chaminda Madduma, Head of Purchasing at 4Cabling,

Pioneering Game Theory Strategies in Procurement Deals with Zoe Pangalos

04/25/2024

In this exclusive video interview with Zoe Pangalos, she shares about how game theory can be applied in procurement negotiations. Her aim? For the power to shift back from suppliers to procurement, where clients can stretch their dollar further as suppliers strive to provide the competitive advantage.

Building an Effective Procurement Training Program: A Step-by-Step Guide for Success

The only constant in the ever-growing business landscape is change. Procurement professionals are central in ensuring organizations secure the best quality of goods and services for the right cost under relentlessly evolving circumstances. Investing in an effective procurement training program is essential to bridging the gap between procurement challenges and success, ensuring everyone is on the same page. Read on to find out how to build a more effective procurement training program step-by-step.

Sustainable Procurement: How Asia & Australia Lead with Diversity and Technology

In recent years, the focus on Environmental, Social, and Governance (ESG) principles has shifted from being a trendy topic to a core movement. Nowadays, diversity and inclusivity are important factors that drive procurement strategies and impact everything from how suppliers are chosen to the way internal practices are shaped. In this article, we explore how inclusivity, sustainability, and tech shape procurement's future at ProcureCon Asia & Australia.

Supplier Chain Diversity: A Pathway to Supply Chain Resilience in Australia's Offshore Wind Industry

02/22/2024

In the evolving landscape of Australia's energy sector, the offshore wind industry emerges as a beacon of innovation and sustainability. In this blog post with Dan Li from Equinor, he discusses building a robust and diverse supply chain. It is both a challenge and an imperative, but it's essential for ensuring the sector's resilience and its contribution to a sustainable future.

Why Marsh McLennan Thinks Supplier Diversity Should Be Your Procurement Strategy

02/21/2024

In this exclusive Q&A with Tim Richter, Director – Global Sourcing & Head of Asia, Pacific & India at Marsh McLennan, we dive into the top questions surrounding supplier diversification in Australia. The category expansion of supplier diversity into disabled-veteran owned business and other trends that are shaping the landscape, and the effectiveness on leveraging on external sources for guidance and networking, we unravel is all here!

Aurizon on building a high-performing procurement team

02/16/2024

How can you create and maintain a procurement team that's able to withstand and counter the changing landscape of procurement? As the current Strategic Projects & Growth Manager at Aurizon with more than 16 years of experience in strategic sourcing, Caeser Abdalla comes packing in this exclusive Q&A with insights such as crucial skills procurement professionals need for enhanced agility to remain relevant in the industry and the importance of continuous learning and collaboration to create a workplace of innovation and adaptability.

Your Essential Checklist for SRM Success

Supplier relationship management (SRM) is a term that has become common in procurement and supply chains. SRM initiatives involve deep, strategic relationships with suppliers and, if taken to extremes, may result in integrated, co-located teams conducting new product development initiatives together, with tightly intertwined ways of working. However, many organisations have found it difficult to successfully embed and sustain SRM processes over time. In this context, we will discuss the psychology of change – analyzing, predicting and influencing human behaviour, and what impact has been made through the introduction of emerging technologies like AI, ML and Quantum Technologies on procurement processes, particularly in regard to SRM.

Navigating the Landscape of ESG in Procurement: Insights from Australia

Environmental, social, and governance (ESG) considerations have become a critical aspect of modern business practices as stakeholders increasingly demand a higher standard of responsible conduct. Companies must ensure that their suppliers and service providers also align with their ESG goals, making supply chain contracts a key opportunity for businesses to realize their ESG objectives. In this article, we explore and navigate through the ESG landscape in procurement and provide some Insights into the  AU/NZ region.

3 Steps Towards Supply Chain Resiliency

As the world navigates through an unpredictable global market, the need for supply chain resiliency has become a top priority for procurement professionals in both Asia and Australia. To achieve supply chain resiliency, businesses must first thoroughly assess their current operational weaknesses to understand where to focus attention first. Often, supply chain resiliency requires a multi-pronged approach. In this article, we share the three steps to consider when building a more resilient supply chain.