The Thoughtful Entrepreneur Podcast, featuring Conrad Snover, CEO of ProcureAbility

In this episode of the Thoughtful Entrepreneur, Josh Elledge spoke with the CEO of ProcureAbility, Conrad Snover.
Conrad discussed the pivotal role of procurement in business success and how ProcureAbility is revolutionizing this function. He highlighted ProcureAbility's journey from a consulting firm to a comprehensive procurement services provider, emphasizing their adaptability and customized solutions for clients. This flexibility helps businesses streamline their procurement processes.
He also discussed the evolving dynamics between suppliers and customers, noting that suppliers now need to provide value-added services and foster collaborative relationships to meet the changing needs of their customers and achieve shared success.
Key Points from the Episode:
Overview of ProcureAbility's work in assisting companies with procurement needs
Challenges of procurement, including underfunding, lack of training, and underutilization
Importance of efficient procurement practices in saving money for large companies
Evolving role of suppliers in providing value-added services to customers
Insights from Conrad's experience as a professional cyclist and their relevance to business mindset
ProcureAbility's evolution from a consulting firm to a comprehensive procurement services provider
Emphasis on the importance of collaborative relationships between suppliers and customers
Need for procurement organizations to upgrade skills, platforms, and processes