Blog

Reusing past bid analyses might save time, but it often leads to budget overruns and missed risks in EPC projects. This looks at the hidden costs of "copy-paste" procurement and how a more tailored, data-driven approach to vendor evaluation helps protect your margins and improve project outcomes.

Utilities are moving away from transactional sourcing toward a strategic procurement layer for capital programs. By involving procurement in the early planning stages, companies can better manage supply chain risks, improve supplier relationships, and hit project milestones without blowing the budget.

Vertically integrated utilities face unique challenges when managing capital project procurement. This post covers practical strategies for optimizing these processes—from building strategic supplier partnerships and leveraging data to streamlining workflows—to help ensure infrastructure projects stay on schedule and within budget.

Lack of procurement visibility is a major cause of project delays and budget overruns. This post explains why giving project controls teams real-time data is critical for managing vendor performance and risk. Learn how integrating procurement and project management tools leads to better collaboration and more predictable project outcomes.

Choosing a shipping vendor involves more than just comparing price tags. This post explores the complexities of multi-vendor bids, from total cost of ownership and service levels to the importance of reliability. Learn how to look beyond the bottom line to make strategic decisions that support long-term business goals.

Utility procurement is evolving as leaders face price volatility and sustainability demands. This post breaks down how digital transformation—through automation, data analytics, and real-time supplier collaboration—can streamline operations, lower costs, and build a more agile, future-ready supply chain.

Engineering firms face unique procurement challenges, from strict compliance to complex material sourcing. Automation helps bridge the gap by speeding up approvals and improving supplier visibility. This guide looks at the practical benefits of automating procurement to reduce costs and keep high-stakes projects on schedule.

With manufacturing lead times often exceeding six months, managing large-scale transformers requires more than standard procurement. Utilities are increasingly using predictive analytics, strategic supplier partnerships, and hybrid inventory models to mitigate risk. Here is how they maintain grid reliability despite supply chain delays.

Large EPC projects face massive risks, from supply chain shifts to complex contracts. Effective procurement governance provides the structure needed to manage these challenges. This post looks at how standardized policies, cross-functional teamwork, and technology can reduce project delays and turn procurement into a strategic advantage.

Engineering Change Orders can disrupt procurement, causing supplier confusion and cost discrepancies. Maintaining RFQ integrity requires better alignment between engineering and supply chain teams. Explore how proactive communication and real-time updates can transform the challenge of design changes into a strategic advantage.