Procurement isn’t just about money. It’s about relationships.

Here at Mirvac, we know that we couldn’t design, build, manage and sell our properties without the help of our suppliers. From building contractors to marketing consultants, suppliers play a crucial role in our business – and our sustained success comes down to the strength of these relationships.

This guide has been created to help you understand how Mirvac works with suppliers – in other words, our procurement approach. We trust you’ll find it helpful, especially if you’re new to working with Mirvac.

Why is procurement so important?

Mirvac procures significant quantities of goods and services, which are supplied by an equally diverse range of businesses. Depending on the type of purchase, different regulatory systems apply, posing potential legal, financial, operational and commercial risks.

One of the reasons we’ve developed such a disciplined, systematic procurement approach is to manage these risks. The other reason? To ensure that we receive high-quality goods and services that are supplied in a reliable, ethical way – maximising the value of every dollar we spend.

Did you know… around 60% of our revenue is spent with external suppliers?