Bold Procurement Prediction #5: Virtual Organizational Design
During the formation of the ‘Bold Procurement Predictions for 2030′ Insights series, ProcureAbility was keenly focused on procurement teams’ maturity levels for accepting new practices and [...]
Bold Procurement Prediction #2: Procurement Technology Acceleration
During the formation of the ‘Bold Procurement Predictions for 2030′ Insights series, ProcureAbility was keenly focused on procurement teams’ maturity levels for accepting new practices and [...]
Bold Procurement Prediction #4: Hyper Cybersecurity
During the formation of the ‘Bold Procurement Predictions for 2030′ Insights series, ProcureAbility was keenly focused on procurement teams’ maturity levels for accepting new practices and [...]
Managing Spend in Inflationary Times: Collaboration Creates Transparency — Part One
Intense inflationary pressure was the most significant challenge procurement leaders had to grapple with in 2022–and even if 2023 sees some relief as anticipated, inflation will remain an ongoing [...]
Attending a Conference? Make the Most of Your Investment
Conference season provides excellent opportunities for in-person networking and professional growth. Keep in mind though that conferences cost time and money. It’s worth asking how you can make [...]
Bold Procurement Prediction #3: Cognitive Computing
During the formation of the ‘Bold Procurement Predictions for 2030′ Insights series, ProcureAbility was keenly focused on procurement teams’ maturity levels for accepting new practices and [...]
Bold Procurement Predictions for 2030: Methodology
At this moment, there is a virtually limitless horizon of technology solutions to accelerate the procurement function within organizations.
Cost Management in a Volatile Market Environment
Managing Supplier Cost Increases in Inflationary Times
Bold Procurement Prediction #1: Advanced Crowdsourcing
In our previous insights, we introduced our ‘Bold Procurement Predictions for 2030’ Insights series, the product of extensive research and input from a think tank of experts in the supply chain field.
Strategic Sourcing Solutions: Wildfire Mitigation
Strategic Sourcing Solutions: Wildfire Mitigation
Supplier Management Strategies for Mitigating Supply Chain Disruptions
Supplier Management Strategies for Mitigating Supply Chain Disruptions
A Human-centered Approach to Managing Relationships with Suppliers
Procurement organizations manage an often-complex web of relationships with suppliers and vendors, connecting with these external partners to resolve cost disputes, create or renew agreements, [...]
A Human-centered Approach to Managing Internal Procurement Relationships
Procurement organizations do not operate in siloes. We as procurement professionals work within the structure of much larger organizations that bring in other internal departments and [...]
Utility Supply Management Association (USMA) conference 2022
Utility Supply Management Association (USMA) conference 2022
A Human-centered Approach to Esg Goals
An inclusive procurement strategy leverages marketplace opportunities to build strong, forward-thinking, dynamic teams that are diverse, inclusive, and put people on par with profits. By paying [...]
Global Supply Squeeze Intensifies Push for More Predictive Procurement
Global Supply Squeeze Intensifies Push for More Predictive Procurement
A Human-centered Approach to Supplier Diversity
Diversity doesn’t live solely within the walls of your company. Supplier diversity programs identify potential suppliers that can inject a high level of diverse goods and services into the supply [...]
Three Essential Steps for Establishing your Data Strategy
Three Essential Steps for Establishing your Data Strategy
5 Best Practices for a Successful Software Contract Negotiation in 2022
5 Best Practices for a Successful Software Contract Negotiation in 2022
How can Blockchain Technology Transform Supply Chain Management?
How can Blockchain Technology Transform Supply Chain Management? See How!
Sustainable Procurement: 4 Steps for Transforming Your Organization
Sustainable Procurement: 4 Steps for Transforming Your Organization See How!
Procurement Fraud: What is it, and How to Prevent it
Procurement Fraud: What is it, and How to Prevent it. Learn More!
M&A Procurement: How to Maximize Post-Merger Savings
Most mergers, acquisitions & private equity deals don't realize the desired ROI. See our 3-Phased method for Procurement Synergy Realization.
How Porter’s Five Forces Can Help Achieve Procurement Innovation
Understand his strategic reinvention of Procurement and lead your organization to reduce costs, minimize risk & drive innovation. See How!
Building Resilience: Three Ways Your Procurement Organization Can Protect Itself Against Inflation
Times of inflation may be daunting, but in fact they’re an opportunity to reinforce cost management that continues after inflation subsides.
Supplier Relationship Management (SRM): The Key to Supply Chain Resiliency
Strong Supplier Relationships lead to Supply Chain Resiliency - the key factor that differentiates organizations in these trying times. Learn More!
Does Procurement Need a Mission Statement?
Ask these 8 questions when developing your Procurement team's mission statement and transform from reactive & transactional to strategic and intentional.
Safeguarding your Post-Pandemic Supply Chain
These six strategies can help you safeguard your supply chain from the many re-opening risks including: delays, expedites & canceled orders!
Supplier Diversity: The Hidden Sales Weapon
How increasing your spend with Disadvantaged Business Enterprises (DBEs) improves market share relative to those with below-average DBE spend.
Integration of Data Analytics with Procurement
As data modeling and analytics tools become more prevalent, Procurement analytics can be a standard part of your process. Learn More!
Intelligent Automation in Transportation Sourcing
Procurement automation is improving rapidly in complex transportation categories due to artificial intelligence & machine learning.
What Does the Global Chip Shortage Mean for You?
A global computer chip shortage is affecting many industries and analysts say the squeeze could last into 2022. Learn how to Manage it!
Improve Your Procurement Data in Three Steps
Struggling to incorporate data into your decision-making? Use these 3 data collection principles to drive your procurement strategy!
Procurement Process 101: The Stages of Procurement
Understand the key stages in the procurement process and learn how to improve procurement efficiency in your company with our step-by-step guide.
Procurement Organizations Embracing Digital Transformation
Using procurement software is a proven way to streamline source to pay operations & help people focus on strategic, higher value activities.
Preparing for the next Power Outage with Emergency Generators and How Procurement Can Help
Power Outages impact all industries & cause great losses. Procurement mitigates this with emergency generator procurement strategies.
Logistics Strategies: Fleet Procurement
Developing a Fleet acquisition & maintenance sourcing strategy will avoid costs, & boost the productivity of both your fleet & operations.
Severe Winter Storm Impacts Us All
As severe weather & other unexpected events become more common, Supply Chain & Procurement teams must lead toward new levels of preparedness.
RFP Award Scenarios
These 5 steps help ensure you receive the best outcome from the RFP process & it does not drain unnecessary time from your team. Learn More!
Applying Procurement Fundamentals to Everyday Life
We ensure clients receive quality goods & services, on-time, & at the best price. Why not use these tips & tricks for your everyday purchases!
Enhancing Procurement Performance Assessments with Incentive Tracking and Supply Chain Data
Sharing contextual spend data next to spend metrics shows successes that may be ignored or may occur during adverse supply chain events.
Supplier Performance Partnerships
Proactive Supplier Relationship Management improves the cost, quality, and service of that relationship. The benefits are immeasurable.
ProcureAbility Finishes Strong in 2020 with Numerous Industry Accolades
We were named on the: Inc. 5000 for outstanding growth, Consulting Magazine’s Fastest Growing Firms & featured on CIO! How can we help you?
Black History Month
We celebrate Black History Month by creating an educated workplace, encouraging diversity, lifting up our communities & advocating for change.
Contract Prep: Owner Vs. Contractor Contingency
Contingency clauses are important when specifications & outcomes are unclear. They support project execution & maintain strong, productive relationships.
Competition, Cooperation and Covid-19
When optimizing Supply Chains, actually collaborating with competitors might be the best way to manage risk, enhance capabilities, and strengthen your Supply Chain.
Rethinking Your Supply Chain
Here’s an overview of what’s happening in the 2021 transportation markets, plus, steps to protect your business and take advantage of new logistics opportunities.
Vested Outsourcing: What is it and how can it benefit your procurement organization?
Whatever the size of your procurement organization, if you are outsourcing services then there is something to be gained by exploring the Vested Outsourcing model.
Do I Need a Procurement Strategy?
Procurement organizations who don’t develop their strategy live with an overwhelming load of reactive, tactical work. Learn to prevent this!
Get Ahead of the Next Disruption with Supply Chain Resiliency
COVID-19 forever changed Supply Chain Resiliency from a thought exercise to a competitive advantage for Procurement. Learn how to prepare!
Five Steps to Setup a Supplier Performance Management Program
Following this five-step process will allow you to: build stronger supplier relationships, improve quality and strengthen your business in the short and long term.
Kraljic’s Matrix: 4 Drivers of Category Management Strategy
Which factors are most important to ensure the best outcome when navigating the supply market? Use tools such as Kraljic’s Matrix to determine priority and see improved outcomes
4 Important Skills to Look for When Building a Procurement Team
As Procurement Teams shift from being a tactical function to a strategic one, the skills required of procurement top performers are expanding.
Hard vs Soft Cost Savings in Procurement
While the preferred method of classifying hard & soft savings may vary, a standard method of measuring is crucial for accurate information. Learn More!
Stakeholder Engagement & Procurement
Learn how effective stakeholder engagement leads to strategic alignment between Procurement & the internal stakeholders they support.
Achieving Strategic Fit for Procurement
While it can be challenging to initially achieve strategic fit, once achieved, it can become much easier to control the value generated by Procurement.
Approaching Procurement Opportunities with a Systems Thinking Mindset
Systems thinking helps to expose the root causes of problems, and it promotes a targeted approach for improving Procurement results. See How!
Purchasing Transaction Costs & Why They Are Trending Down
We cover 3 types of transaction costs: Search & Information, Bargaining, and Policing & enforcement. See how they may apply to you.
How to Increase Supplier Diversity Spend
Learn how to have a more meaningful social & economic impact, drive innovation, and improve employee & customer engagement.
Market Basket Approach to RFP
A “market basket” is a representative sample of the entire spend an organization intends to take out to market for quotation. Learn more!
Procurement Strategies for Managing the Impacts of COVID-19
COVID-19 forces us to not only face intercompany and global economic disruptions, it challenges us build new solutions to new & old problems.
Supply Chain and the Design Thinking Process
Supply Chain pros are encouraged to embrace the Design Thinking Process to develop new user centric solutions that drive efficiencies. Learn More!
Five Key Elements for Presenting Procurement Information to Executives
We cover 5 key elements for presenting Procurement information to executives so that you communicate effectively, gain buy-in, and drive business results.
Financial Impacts of Procurement Beyond Income Statement Savings
Procurement experts are in a unique position to significantly affect the bottom line. It is critical that companies realize the importance in their business practices.
Guide for Procurement of Medical Devices
Identifying suppliers in the medical device industry is not always as simple, purchasing controls and regulatory requirements must be established.
Circular Supply Chain Model
By switching to a circular supply chain concept, resources are used as long as possible, repurposed at end of life and sustainable growth is achieved.
CalTech + ProcureAbility – “The Business of Blockchain”
A discussion on the impact of the "Business of Blockchain" across industries.
Robotic Process Automation for Procurement
Robotic process automation (RPA) improves procurement processes & provides benefits like improved data accuracy, reduced costs, & increased output. Read on.
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 Performance Metrics – Why It’s Important and How to Get Started
To ensure your procurement team evolves and keeps up with top industry performers, use performance metrics that excite the team, driving productivity levels to reach goals.
Tips and Tricks to Negotiate Better
As costs rise and competition intensifies, companies look for creative ways to preserve margins. Here are eight steps you should consider for a successful supplier negotiation.
Vendor Relationship Management – What Is It and Why It’s Important
Excellent vendor relationship management can be the difference in simply working with a vendor & developing lasting strategic alliances and more growth.
Time to Implement Category Management? 3 Key Questions to Help You Decide
Ready for Procurement Category Management? These diagnostic questions will help you determine if a move to Category Management should be in your near-term plans.
Microsoft PowerApps
Microsoft PowerApps empowers you to build professional-grade apps easily. No IT/coding needed. Save time & money - achieve optimal efficiency across teams.
Benefits of Supplier Diversity
Learn why there is an increased importance on supply chain transparency due to public interest and learn of the many benefits to your organization.