Creating Advantage for Procurement

Procurement outsourcing is a type of business process outsourcing (BPO). This process involves hiring a service provider to perform some or all procurement activities. Procurement outsourcing involves shifting all or some procurement activities to a procurement service provider. This outsourcing process often involves procurement functions that are considered non-core, like indirect procurement. It can include more strategic tasks like supplier relationship management, RFP/bid management, spend management, and contract negotiation. Identifying ‘why’ you’re pursuing procurement outsourcing will help you better assess whether or not the benefits outweigh the costs. By identifying these key results, you’ll be able to prioritize the value procurement outsourcing will bring to your company. Your answer may include needs like:
We need to reduce the headcount.
We need to cut tail spend.
We need to supplement existing procurement expertise.
We need to do a better job leveraging volumes.

  1. We need to reduce the headcount.
  2. We need to cut tail spend.
  3. We need to supplement existing procurement expertise.
  4. We need to do a better job leveraging volumes.

That’s How We Work:

10 Steps To Success

1st step You come to us with a need;
2nd step We discuss your project needs;
3rd step We brainstorm;
4th step We generate a checklist for executors’ assessment based on your requirements;
5th step We are getting your approval;
6th step We send requests to potential executors;
7th step We choose best-fit executors;
8th step We send a full package of docs with our reports to you;
9th step You approve the right executor;
10th step You start your project with our support.