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Thank you for visiting our new blog! We look forward to being your one-stop-shop for resources you will find helpful and informative in the procurement industry. At ProcureAbility™, we are rethinking procurement and offer flexible options providing Advisory and Talent services your way, delivering maximum procurement ability.

 

  • Procurement Planning for Electrical Grid Modernization
    Grid modernization has gained recognized importance as the USA’s power transmission & distribution infrastructure ages. How can Procurement help with this huge effort?
  • Tips for achieving a sustainable procurement organization
    When done correctly, sustainable procurement creates value for your organization, for society, the economy & environment. Click for More!
  • Cross-Functional Communication in Purchasing
    All members of a purchasing organization need to be in Cross-functional coordination for the team to create efficiency and cost savings. Learn More!
  • Contracting is vital to successful procurement operations, but what, how and why? Learn more about the Fundamentals behind contracting here!
  • Contract Management using Machine Learning and Natural Language Processing
    Does your procurement team have access to the data that it needs to make informed decisions and develop effective strategies?
  • Procurement Innovation with Supplier Relation Management
    We can demonstrate significant additional value to internal stakeholders improving partnerships and engagement on current & future strategic sourcing projects.
  • How a Reverse Auction Creates Competition for Non-Commodity Products
    Reverse auctions are typically for identical products but can be successful when the products are similar, with varying quality levels & specifications.
  • The Toyota Production System is Not Just for Manufacturing
    The Toyota Production System led to “Lean Manufacturing.” Did you know that the principles also apply to organizations outside of manufacturing? Learn More
  • Supplier Financial Analysis For Procurement Professionals
    This post helps procurement professionals avoid some basic financial analysis mistakes and it provides insights for interpreting the results of important profitability ratios.
  • AI in Spend Analysis
    Machine learning, can increase the speed and accuracy of your spend analyses, while reducing the amount of human interaction necessary to produce consistent results.
  • Supplier Relationship Management (SRM)- The Human Connection
    It’s important to know that putting in the work to create a strong SRM system will add value in the short and long term.
  • 5 Simple Truths About Category Management
    If well executed, Category Management produces far greater results for your procurement department and the organization than more elementary procurement approaches.
  • Procurement’s Cyber Security Responsibility
    Many see data security & the resulting challenges as an IT problem, but Procurement's contracting processes play a crucial role in securing company data.
  • Three Tips for Running a Successful Reverse Auction
    Here are a few preparation tips to consider that can create a much more seamless experience for both the buyer and the sellers participating a successful reverse auction.
  • 3 Simple Steps to Deliver Sustainable Procurement Value
    On paper, we operate under the same mantra: Obtain & deliver the right product/service, at the right place, at the right time – all at the right price. If...
  • Procurement is well-positioned to manage supply chain risks. Learn how the pros use a supplier risk management framework to manage these 4 risk categories.
  • 3 Tips When Managing and Negotiating With Your Procurement Staffing Partner
    See the Negotiation Tip Sheet which summarizes the key levers we recommend employing when negotiating...
  • 2019 Procurement challenges
    Your heart is full of unwashed socks, your soul is full of gunk, Mr. Procurement Grinches, The three words that best describe you are as follows, and I quote, "Stink, stank,...
  • Our clients and the services we offer are an enormous priority and Thriving Customers + Growth = Happy ProcureAbility.
  • Market Intelligence coaches your team through on point, seasoned pro insights that can easily turn words into goal achieving actions.
  • Procurement's Considerations for contracting with startups
    Benefit from agile startups creating incredible new products targeting not only every day consumers, but large-scale enterprises as well.
  • Procurement’s Opportunity During a Time of Disruption
    Here we discuss how Procurement must move with the speed of artificial intelligence or Procurement's value to the organization will diminish.
  • How do your Supplier KPIs measure
    Learn how measuring Supplier Key Performance Indicators (KPIs) is critical to developing a Best-in-Class Procurement organization.
  • How will Electric Vehicles Impact Utilities
    What happens when a family’s electricity consumption doubles after they start charging their two new electric cars...
  • The Direction of Procurement Analytics
    In this post, we’ll focus on why addressing Tail Spend is critical for allowing Procurement Organizations to reach their full potential.
  • Unaddressed Tail spend impacts on Procurement
    In this post, we’ll focus on why addressing Tail Spend is critical for allowing Procurement Organizations to reach their full potential.
  • Connectivity and The Internet of Things has totally changed our world. Rapidly evolving technologies, are both a positive and negative to business.
  • Smart Contracts: What Are They And How Do They Apply To Procurement
    Let’s take a step back and narrow our focus to a more applicable aspect of the Blockchain: Smart Contracts.
  • &A & divestiture activity can cause structural and financial chagnes to an organization. For procurement, managing this uncertainty can be difficult.
  • Sourcing and managing construction services with a unit price master contract
    Discover utility company construction management challenges, reasons to source and reasons to use unit price contracts.
  • Reacting strategically trends in the freight industry can help minimize the negative effects of late shipments and increased prices.
  • Identifying suppliers in the medical device industry is not always as simple, purchasing controls and regulatory requirements must be established.
  • High-quality translations in the Medical Device, Pharmaceutical, or Biotech fields are a necessity, not a luxury.
  • Procurement of construction and engineering services is facing a new challenge in the form of substantial tariffs imposed by the US government on steel and aluminum imports.
  • Procurement of construction and engineering services is facing a new challenge in the form of substantial tariffs imposed by the US government on steel and aluminum imports.
  • A discussion on the impact of the "Business of Blockchain" across industries.
  • Tail Spend is the group of up to 80% of suppliers that are responsible for the last 20% of the overall spend.
  • For companies looking to reduce processing times and create new efficiency savings, B2B payment solutions can be a great alternative.
  • Big Data is marked by the 5V’s: Volume, Velocity, Variety, Veracity, and Value. But what does that mean to Procurement?
  • Robotic Process Automation (RPA) is a technology buzzword you don’t want to write off.
  • Is it better to choose one complete end-to-end eProcurement suite, or select the best-in-breed solution for various stages of the Source-to-Pay process?
  • Artificial Intelligence and Blockchain, where you start and what you do next can create great opportunities for your company and department.
  • Artificial Intelligence and Blockchain, where you start and what you do next can create great opportunities for your company and department.
  • A clear contract guide can dramatically help the hand-off of a new contract from Procurement to the Business Unit.
  • The ProcureAbility Intelligence team has developed a three-part blog series to highlight the impacts of 2017's natural disasters on impacted industries.
  • The ProcureAbility Intelligence team has developed a three-part blog series to highlight the impacts of 2017's natural disasters on impacted industries.
  • The ProcureAbility Intelligence team has developed a three-part blog series to highlight the impacts of 2017's natural disasters on impacted industries.
  • As Baby Boomers resume their workforce exodus, Millennials continue to grow as the nation’s largest generation, 75+ million strong.
  • Multiple workforce trends present changes and challenges for procurement organizations. Fortunately, opportunities to adapt are on the horizon.
  • If you source marketing consulting, you may want to know that things are looking up since prices are trending down.

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