Skip to Content

Contact Us

Contact ProcureAbility

Please fill out our contact form — we looking forward to connecting with you!

X

How ProcureAbility's assessment transformed strategic sourcing opportunities for a global hospitality and entertainment company

A global hospitality and entertainment company needed to assess and evaluate their procurement function. ProcureAbility’s 8-week strategic sourcing assessment focused on creating a customized roadmap to build a structured plan that elevated its current state against best practices and achieve their business objectives.

ProcureAbility’s customized solution:

  • icon

    Identify gaps in procurement organization, structure. processes and technology through stakeholder interviews and due diligence

    Our experts assessed process structure, reporting and technology to bring forward advanced forecasting best practices for the client

  • icon

    Segment opportunities by themes to outline current state and identify new ways procurement can deliver value

    Develop automated processes to boost efficiency and accuracy

  • icon

    Develop a multi-wave procurement transformation and sourcing plan roadmap based on priorities

    Enhance forecasting models and data preparation for scalable, adaptable solutions

Client impact and measurable results:

  • save money

    $2.5B in spend cleansed and analyzed into a new proposed taxonomy

    This work not only improved performance but also significantly improved cross-functional collaboration between IT, to drive aligned, high-impact outcomes

  • icon

    87% reduction of spend granularity, increasing data manageability

    With elevated operational capabilities, the company achieved data-driven forecast planning with advanced inventory tools for long-term adaptability

  • icon

    Reduced uncategorized spend from $250M to $9M through data cleansing activities

    ProcureAbility’s automation advancements significantly reduced manual tasks, saving thousands of hours and enhanced data precision

ProcureAbility addressed $2.5B in source-able spend and identified 30 areas of strategic sourcing opportunities. Access the full case study for more details on how this entertainment business achieved measurable results through our strategic sourcing assessment.

icon