Research

What does procurement best practice mean to you? Grosvenor Procurement Research 2022

At Grosvenor we undertake annual research into the state of the procurement profession in Australia. This year we want to understand what 'better practice' means and make that measurable through benchmarks that are specific to Australia. Participate now!

Dealing with supply risk: becoming a customer of choice

Risk Reduction remains at the top of the priority list for procurement teams all across Australia in September 2021 (refer to Figure 1). Our ongoing study into how more than 400 organisations responded to the COVID induced crisis consistently shows the importance that supply risk mitigation played. Probably not very surprising, but how exactly are these organisations dealing with the supply risk? What can you learn and adopt?

Procurement has two jobs in 2021: Supply Risk and Cost

Call it wishful thinking: We concluded in September 2020 that the COVID-19 pandemic’s impact on procurement was over. We clearly saw that the 186 organisations we surveyed were back to their pre-pandemic priorities. Furthermore these organisations predicted for 2021 that supply risk mitigation would hardly play a role and that the clear focus would be on cost reduction.

We may have been too quick to call the pandemic over

At least when it comes to procurement, we may have been to quick to call the impact of the pandemic over. We concluded in September 2020 that the COVID-19 pandemic’s impact on procurement was over. We clearly saw that the 186 organisations we surveyed were back to their pre-pandemic priorities. Furthermore these organisations predicted for March 2021 that supply risk mitigation would hardly play a role and that the clear focus would be on cost reduction.

What our research says about the state of procurement in Australia

At Grosvenor Procurement Advisory, we undertake annual research to better understand procurement and contracting in Australia. This article provides a summary of our research topics with links to download our highly sought after ebooks for free.

Light years behind: Supplier leadership vs people leadership

Let’s face it, we’re light years behind in how we source and manage suppliers. At least in comparison to how we select and lead our staff. In fact we'd argue that the same strategies work across managing people and managing suppliers. And that those organisations that do receive much better performance from their supply base

How do organisations go about creating savings post COVID?

Procurement professionals have four spend levers in their toolbox. But which ones were mainly used to combat the impact of the COVID-19 recession? Read on to find that it was the more traditional negotiations that procurement turned to in 2020 and how to generate further savings in 2021.

Government organisations and private sector businesses experienced the pandemic very differently

Public sector procurement teams were tasked with introducing stimulus into the economy rather than reducing cost as was the case in the private sector. How long is this going to last? We surveyed 46 public sector procurement functions in 2020 to understand how the COVID-19 crisis impacted procurement teams in Australia.

COVID – When procurement became critical

COVID brought many struggles. It was also the time for procurement to shine. Read on to see how procurement functions across Australia quickly adapted and shifted their focus from cost reduction to supply risk mitigation and back to cost reduction.

How to be a Procurement Savings Champion

Ever wondered where your next wave of procurement savings will come from? This video will tell you how to save an additional 122% using advanced spend levers such as Buy Cheaper, Buy Less and Buy Smarter.