Advisory
What is ProcureAbility’s Advisory Service?
It’s a consulting practice that provides timely guidance on procurement issues and helps teams reorganize and reposition for maximum impact.
The advisory service covers procurement and spend strategy, procurement transformation, strategic sourcing and category management, organizational design, and technology optimization and enablement.
How does ProcureAbility help with a supply chain assessment?
Global supply chains have grown more complex, and we help procurement leaders gain visibility and control across every link. We evaluate existing supply networks and assess functional performance to improve supplier management and enhance the bottom line.
What are the key elements of a successful procurement transformation?
While there’s no “one-size-fits-all” approach, successful transformations often involve organizational design, process improvement, technology implementation, change management, and performance metrics. True success comes from partnering with experts who understand your business and implement the transformation in the context of your organization’s unique challenges.
Can ProcureAbility provide support for mergers, acquisitions, or divestitures?
Yes. We offer on-demand procurement integration and transition teams for M&A and divestitures. Most procurement organizations need adequate staffing to ensure they make an impact, and we help set the right expectations around managed services.
What industries does ProcureAbility support?
We help businesses across all industries elevate their procurement functions, including utilities, finance, manufacturing, healthcare, insurance, retail, technology, higher education, and more.
Managed Services
What are managed services?
Our managed services combine category or process expertise, access to our analytics team and procurement technology, and spend-enhancing market intelligence. With a flexible operating model, we customize services to deliver exactly what your organization needs.
Who benefits most from your managed services?
Procurement teams that lack the requisite expertise, bandwidth, technology, or a combination of these often benefit most from our managed services specialists. Our team can operate a part of your business for as long as needed. These programs work well for organizations already using staffing resources or third-party support, as well as for newer teams seeking additional support to increase their impact.
How can ProcureAbility help manage our categories better?
Starting with a Spend and Opportunity Assessment, we can help your business sharpen its focus where it needs to by identifying the categories where you have the greatest opportunities to dominate. This Assessment can also help you think strategically about the sourcing partners you need to drive value and improve your reliability, resilience, and cost-effectiveness. We can take a further deep dive into your category strategies, deploying data analytics and expert insights.
How will we know our ROI?
We’re committed to providing full transparency and accountability. We include a suite of metrics, using a dashboard approach, to give you complete visibility into what we’re working on and how we’re doing against the metrics that we develop with you.
Digital
What are your analytics-as-a-service?
ProcureAbility’s advanced analytics empower your team to make data-driven decisions that boost procurement performance, solve business challenges, and improve the bottom line. Our offerings include AI applications, end-to-end analytics solutions, self-service tools, data visualization, spend dashboards, actionable intelligence, and stakeholder engagement.
What is your market intelligence offering?
We turn complex market data into actionable insights tailored to your category and business needs. Our market intelligence includes detailed spend category analysis and custom research focused on procurement and supply chains. Sourcing professionals also gain access to our publications and experienced analysts who understand their business.
What does your PureSpend offering do exactly?
Our proprietary PureSpend technology helps our clients collect, clean, classify, and analyze their expenditure data to decrease procurement costs, improve efficiency, and monitor compliance. A company can also leverage the technology in other business areas, including inventory management, budgeting, planning, and product development. ProcureAbility developed all the tool's assets with the practitioner's view in mind.
How do I know your technology solutions will work with our current systems?
At ProcureAbility, nothing is pre-packaged. Our digital support works the way you want and need it to because we assess your specific needs and design solutions that integrate with your existing technology ecosystem.
Staffing and Recruiting
Why should I pick ProcureAbility to help address our staffing challenges?
ProcureAbility is exclusively focused on serving procurement organizations, which means we understand the competencies, category expertise, and specialized skills required of procurement and supply chain professionals. One of our biggest differentiators is our ability to offer flexible delivery models. We offer onsite, fully remote, hybrid, and offshore solutions that align with the ways you work best.
What is ProcureAbility’s main advantage when it comes to supplementing procurement teams?
We have spent nearly 30 years honing our ability to find and place top talent for our clients. We understand the types of competencies and expertise that are required to excel in this field. And we have the deep relationships to find the right people, whether it’s to plug a short-term need or find a long-term solution.
How can ProcureAbility help lower our employee turnover?
To retain top procurement talent, you first need to identify the root causes of your procurement team’s turnover. We collaborate with you to design a program for soliciting feedback from current staff to gauge their overall satisfaction and areas for improvement. Then we’ll help you reform your hiring, compensation, career development, and other practices to boost your retention.
Can ProcureAbility help train and develop our procurement staff?
Yes. We start by identifying your team’s existing skills, looking at areas such as negotiation, market analysis, contract management, and supplier relationship management. We then develop a program tailored to help your organization close key capability gaps and upskill existing staff.