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.
Author Archive for: Simon Thompson
Entries by Simon Thompson
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 […]
Saving 50% on a Large Mining Services Contract: 5 Lessons
Last year, we were asked to help with a mining services contract which involved the production of over 3mtpa (Million Tons Per Annum) of product. The operation was based in regional Australia for one of the world’s largest mining companies. Below is a brief overview of the problem and the 5 lessons that we learned.
A Simple Way to Visualise Material Movements at any Mine
At the end of each month, many mining operations generate a spreadsheet of materials moved around their operation. Unfortunately, up until now, this table of data can be difficult to interpret and display in a visual / meaningful way.
Clients saved $46k every day they engaged an Acquire consultant in FY16
Brisbane, Australia – Wednesday 13th July. Today, Acquire Procurement Services announced their annual results for FY16. In the company’s first full financial year of operation, the company’s results speak for themselves. In their results, Acquire tallied up the millions of dollars they saved their clients during the year and divided it by the total number […]
Acquire continues to bolster their commercial acumen
Acquire Procurement Services is pleased to announce that Katie Zhang has joined the firm as a Business Analyst based in their Brisbane office.
Mining Supplier Exhibition Events, 2016
For engineers, procurement or supply professionals working in the mining industry here are a list of events in 2016 where you can learn more about developments within the industry and see new technology & innovations provided by suppliers.
World Bank report a concern for many supply contracts
These days, supply contracts include price escalation mechanisms to better manage risk between the supplier and the business. Just the name of these mechanisms indicates that they are often geared to only increase. This hasn’t been a problem in a booming economy but as the latest Commodity Markets Outlook report by the World Bank illustrates, prices […]