TEG Australia

In today’s increasingly competitive economic climate in which so much more is delivered through suppliers, procurement has become a core business function. The role has grown from back-office purchasing to strategic sourcing to encompass executive-level strategy formulation and wealth creation

A world class procurement function delivers real value when it demonstrates that it can balance cost, supply performance, risk, innovation and ethical trading. All five aspects must be in concert to be delivering the sort of value that will truly impact – and at the same time force the

Procurement has the power to change the world. This is not a throw-away line, but rather the lofty ambition of the new-breed of commercially astute procurement professionals who find themselves responsible for much of their corporations’ spend. By unleashing their supply networks, procurement

Information is power. And when it comes to choosing the food we eat, we have a fairly good amount of power: ingredients, nutrition breakdown, and use-by dates. But what about the origin of that steak you’re about to buy? Do you have a good view of where it actually comes from? How fresh is it

Globalisation has changed business as we know it. The world is smaller, and technology and connectivity has given us the sense that sourcing anything from anywhere is imminently possible. Despite this, procurement teams are often viewed as blockers to progress, slowing down customers in the name