Supply Chain and Procurement Executives Driven to Innovate and Add More Value
San Francisco, CA – September 20, 2010 – ProcureAbilityTM announces its predictions for future Procurement innovations that will address complex sourcing and supply chain challenges. These innovations are based on insights garnered from in-depth research with more than 50 Procurement and Supply Chain executives.
Procurement’s customers – stakeholders in complex, global enterprises – are more demanding than ever. This leads to difficult challenges and significant opportunities for Procurement and Supply Chain executives to innovate and add more value.
John Evans, President and CEO of ProcureAbility said, “Our research found that leading Procurement executives are driven to expand their organizations’ contributions. They are actively looking for innovative ways to add more value – not only to accelerate and increase cost savings, but also to grow top-line revenue and shareholder value.”
Procurement Innovation Predictions
ProcureAbility predicts three future areas of change for Procurement:
- Procurement Will Greatly Expand the Methods and Channels by Which It Adds Value
- Procurement Will Evolve into a Mix of Strategic In-House and On-Demand Resources
- Procurement Organizations Will Reshape Their Expectations and Talent Compensation Models
ProcureAbility’s inaugural 2010 Procurement Innovation Research gathered 500+ data points through one-on-one interviews with 35 Procurement executives and hands-on work with 16 Procurement executives. Participants were from industries including: High Tech, Energy and Utilities, Finance and Insurance, Entertainment, Retail, and Pharmaceutical.
ProcureAbilityTM transforms traditional, outdated consulting and staffing models by offering our clients advisory and resource support on their terms.
Our delivery model is unique. We give clients access to unbundled resources, plus the ability to selectively add value through leading-edge methodologies, the latest best practices, and specialized insight and advice—an approach unheard of in traditional consulting and staffing firms.
Since 1996 we’ve focused only on procurement’s success. It’s all we do.
For more information on ProcureAbility services, visit ProcureAbility.com or call (888) 824-8866.