Robotic process automation (RPA) improves procurement processes & provides benefits like improved data accuracy, reduced costs, & increased output. Read on.
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Performing a PESTEL Analysis provides a view of key factors to consider when Procurement organizations are planning for change. Learn More!
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At the recent Sourcing Industry Group (SIG) Summit hundreds of sourcing leaders gathered to share what they were doing to drive innovation in sourcing. Read on.
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As Procurement Teams shift from being a tactical function to a strategic one, the skills required of procurement top performers are expanding. Learn More!
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As Procurement Teams shift from being a tactical function to a strategic one, the skills required of procurement top performers are expanding.
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Grid modernization has gained recognized importance as the USA’s power transmission & distribution infrastructure ages. How can Procurement help with this huge effort?
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When done correctly, sustainable procurement creates value for your organization, for society, the economy & environment. Click for More!
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All members of a purchasing organization need to be in Cross-functional coordination for the team to create efficiency and cost savings. Learn More!
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Contracting is vital to successful procurement operations, but what, how and why? Learn more about the Fundamentals behind contracting here!
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Does your procurement team have access to the data that it needs to make informed decisions and develop effective strategies?
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We can demonstrate significant additional value to internal stakeholders improving partnerships and engagement on current & future strategic sourcing projects.
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Reverse auctions are typically for identical products but can be successful when the products are similar, with varying quality levels & specifications.
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The Toyota Production System led to “Lean Manufacturing.” Did you know that the principles also apply to organizations outside of manufacturing? Learn More
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This post helps procurement professionals avoid some basic financial analysis mistakes and it provides insights for interpreting the results of important profitability ratios.
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Machine learning, can increase the speed and accuracy of your spend analyses, while reducing the amount of human interaction necessary to produce consistent results.
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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.
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If well executed, Category Management produces far greater results for your procurement department and the organization than more elementary procurement approaches.
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Many see data security & the resulting challenges as an IT problem, but Procurement's contracting processes play a crucial role in securing company data.
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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.
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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...
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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.
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See the Negotiation Tip Sheet which summarizes the key levers we recommend employing when negotiating...
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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,...
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Our clients and the services we offer are an enormous priority and Thriving Customers + Growth = Happy ProcureAbility.
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Market Intelligence coaches your team through on point, seasoned pro insights that can easily turn words into goal achieving actions.
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Benefit from agile startups creating incredible new products targeting not only every day consumers, but large-scale enterprises as well.
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Here we discuss how Procurement must move with the speed of artificial intelligence or Procurement's value to the organization will diminish.
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Learn how measuring Supplier Key Performance Indicators (KPIs) is critical to developing a Best-in-Class Procurement organization.
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What happens when a family’s electricity consumption doubles after they start charging their two new electric cars...
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In this post, we’ll focus on why addressing Tail Spend is critical for allowing Procurement Organizations to reach their full potential.
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In this post, we’ll focus on why addressing Tail Spend is critical for allowing Procurement Organizations to reach their full potential.
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Connectivity and The Internet of Things has totally changed our world. Rapidly evolving technologies, are both a positive and negative to business.
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Let’s take a step back and narrow our focus to a more applicable aspect of the Blockchain: Smart Contracts.
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&A & divestiture activity can cause structural and financial chagnes to an organization. For procurement, managing this uncertainty can be difficult.
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Discover utility company construction management challenges, reasons to source and reasons to use unit price contracts.
