Previously in our ‘Moving from Purchasing Thinking to Procurement Thinking’ series, we explored the concept of procurement thinking and discussed priorities, challenges, and trends impacting procurement professionals. Now, we’re asking the big...
What is Industry 4.0 and What Does it Mean for Manufacturing? The manufacturing industry is undergoing a significant transformation, and Industry 4.0 is at the forefront of this change. As the latest industrial revolution, Industry 4.0 is all about smart...
In our previous ‘Moving From Purchasing Thinking to Procurement Thinking’ series article, we answered the question, ‘What is procurement?’. We highlighted the key differences between the procurement and purchasing functions and how the act of...
Most of us know what purchasing entails – both as individuals and in the business world. Procurement, on the other hand, is a different story. ‘Procurement’ is often seen as an unnecessarily complex way of saying ‘purchasing’. A better...
Thirty-five days. Just over one month. That’s all the time you have to submit the first aged care provider Quarterly Financial Report (QFR) after the end of the July-September quarter. It might seem like a long lead time, but extracting and compiling data...
The aged care provider industry is evolving fast, thanks to a raft of improvement reforms announced by the Government in 2021. The $18.3 billion, five-year package aims to support the aged care sector in ensuring every senior Australian receives adequate care,...
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