Spend Management

As CPG portfolios balloon and SKU complexity erodes margins, leading companies are turning to procurement‑led SKU rationalization to uncover hidden costs, simplify operations, strengthen supplier [...]

ProcureAbility shares benchmarking data which explores how the role of the CPO has changed and what that means for processes, technology, implementations, sustainability, and more.

As the backbone of an organization’s procurement function, operating models define how resources are optimized and value is created.

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 [...]

Managing Supplier Cost Increases in Inflationary Times

Strategic Sourcing Solutions: Wildfire Mitigation

Reducing O&M Cost with Innovative Sourcing

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 [...]

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 [...]

Companies are increasingly focused on reducing costs and are assessing whether commercial print is still a viable element of their strategy.

Struggling to incorporate data into your decision-making? Use these 3 data collection principles to drive your procurement strategy!

Using procurement software is a proven way to streamline source to pay operations & help people focus on strategic, higher value activities.

This 4-step process will lead you to quick, insightful spend analysis results and give direction for implementing more advanced techniques.

While the preferred method of classifying hard & soft savings may vary, a standard method of measuring is crucial for accurate information. Learn More!

Systems thinking helps to expose the root causes of problems, and it promotes a targeted approach for improving Procurement results.

We cover 3 types of transaction costs: Search & Information, Bargaining, and Policing & enforcement. See how they may apply to you.

A “market basket” is a representative sample of the entire spend an organization intends to take out to market for quotation. Learn more!

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.