Procurement Productivity Boosted by 116% for Major Private Energy Company
After coming under new ownership, a major power company faced significant challenges – outdated systems, inefficient processes, and deep organizational silos in their procurement process. To move forward, its leadership set out to reassess operations and develop a roadmap for transformation, aiming to shift procurement from a compliance-driven model to one that proactively supports business needs and enables value-driven sourcing in the procurement process.
To accelerate progress, ProcureAbility deployed multiple teams that worked in parallel to ease immediate pressures, build sustainable capabilities, and strengthen alignment across the enterprise – from internal stakeholders to external suppliers. Improving processes within procurement was a key goal.
ProcureAbility’s customized solution:
Deployed professionals within category management and process improvement expertise
We collaborated across execution to establish consistent tools and templates, enhancing the procurement process.
Conducted benchmarking assessments
We uncovered bottlenecks to improve collaboration between procurement and the business.
Lead a new Supplier Summit
Our goal was to boost supplier participation and training to improve internal adoption in a compliance-heavy environment.
Client results and impact:
56% increase in procurement capacity
We upskilled the team and led a resource gap assessment that resulted in 52 new roles posted.
1,000+ Supplier Summit attendees
ProcureAbility delivered several bilingual training sessions to maximize engagement in the procurement process.
38% reduction of RFP cycle time
Our team triaged urgent sourcing needs and streamlined approvals.
116% improvement in contract execution efficiency
We optimized workloads, streamlined intake processes, and enabled the team to manage a high volume of requests efficiently.
By reducing backlog, accelerating timelines, and improving cross-functional alignment, ProcureAbility strengthened relationships with both suppliers and internal stakeholders. Discover the full operations case study to see how our approach delivered measurable impact for the procurement team – and how we can deliver similar results for your organization.
