Quarterly Update – Q3 2020 (Mining Services Contracts)
Cover photo by Jonny Caspari on Unsplash
Author Archive for: Simon Thompson
Entries by Simon Thompson
Quarterly Update – Q3 2020 (Property & Facilities Contracts)
Cover photo by Mohit on Unsplash
Trying to save money? Doing more with less will save more than asking suppliers for lower rates. But, you will have to look into the mirror.
As Covid-19 is sweeping across the world and impacting the economics of most businesses, there is a hunt for cash. The basic mantra for organisations since the GFC has been to ask the suppliers for rate reductions in return for keeping their work. While looking externally might yield 5% or even 10% savings, more money is […]
The QLD Waste Levy: a year in – are you being charged correctly?
Hi, and welcome to our latest article as part of our Cash Hunter series. Today we are looking at Waste Management Contracts in response to a question from one of our Brisbane based clients. Well, actually, it was a few questions: How do we know if the newly introduced Queensland Waste Levy is being applied […]
Covid-19 Essential Supplies
There are some great examples of suppliers in your local area who have retooled or pivoted to support those fighting the war on the corona virus (COVID-19). This objective of this list to help those organisations listed to get exposure to those needing these services (specifically procurement teams in organisations around Australia and the globe). […]
Research: 99% Of Tender Decisions Could Be Challenged Based On Pricing
Every year, organisations around the globe award more than $25 trillion in supply contracts, most via a tender process. For decades, the tendering process has been considered the global standard for mitigating corruption and collusion. It is designed to protect taxpayers and shareholders by ensuring the best value outcome and the most appropriate supplier is […]
When business simplification is a bad strategy
We are often told to simplify our businesses; however, how we go about implementing this strategy can result in a new level of complexity and cost to your organisation.
F1 Team Costs – A Visual Breakdown
This weekend kicks off the start of the Formula 1 (F1) season with the Rolex Australian Grand Prix in Melbourne and as we know, it costs a lot of money to keep a Formula 1 team up and running. But how much is “a lot” exactly?
Are your major services contracts strangling your business?
Wish to use this image? It is free to share as long as a link back to acquireprocure.com is included wherever it is published. Our experience has been that businesses are great at understanding where they have been but not always good at considering the future. Now, this doesn’t mean that you have to be […]
Augmented Reality in Procurement, a new way to visualise data
Why, in 2016, are we still using paper documents and PowerPoint presentations when discussing products and services and their associated costs? This is the question that I proposed to the team last week. At Acquire, we have a favourite quote being “The future is out there, it just not evenly distributed” and with that in mind, we took […]
