The Thoughtful Entrepreneur

1925 – Unlocking Procurement Potential with Conrad Snover

May 29, 2024

22:02

In this episode of the Thoughtful Entrepreneur, your host Josh Elledge speaks with the CEO of ProcureAbility, Conrad Snover.

Conrad Snover, the CEO of ProcureAbility, discussed the pivotal role of procurement in business success and how ProcureAbility is revolutionizing this function. It assists organizations in acquiring essential services and materials, handling technology upgrades and process improvements, enhancing supplier performance, and optimizing logistics.

Conrad 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

About Conrad Snover:

Conrad Snover, CEO of ProcureAbility, has over 25 years of experience in strategic procurement and supply chain management. He excels in client success, employee engagement, and product innovation. He has launched and managed numerous programs focusing on strategy design, procurement transformation, category management, strategic sourcing, supplier development, and organizational sustainability.

Conrad has consulted for Fortune 1000 companies across various industries, including oil and gas, utilities, technology, banking and insurance, hospitality, and healthcare. He serves on the Board of Directors for the Utility Supply Management Alliance (USMA) and the Utility Purchasing Management Group (UPMG). He is a sought-after presenter at national supply chain conferences. Conrad holds a bachelor's degree in business from the University of Washington. In his free time, he enjoys adventuring outdoors with his family and is a retired sponsored athlete and aspiring ski mountaineer.

About ProcureAbility:

ProcureAbility is a leading provider of procurement services, offering a comprehensive suite of solutions that include advisory, managed services, digital, staffing, and recruiting. ProcureAbility has focused exclusively on procurement organizations’ success for over 25 years, helping clients transform their operations and drive growth.

Combining leading methodologies, analytics, market intelligence, and industry benchmarks, ProcureAbility employs a uniquely flexible and customizable service delivery model. Trusted by global organizations of all sizes, ProcureAbility excels in elevating procurement functions and enabling clients to reimagine what’s possible.

Tweetable Moments:

14:49 - "The most powerful lesson for me is to focus on being in the now, to be present and not overly concerned with what happened yesterday or what might happen tomorrow."