Which Procurement Services Can Your Team Outsource ?
PROCUREMENT
DELOITTE : THE SEVEN STAGES OF OUTSOURCING
Starting the Search First , companies should Assess and Prepare . These steps include defining vendor requirements and starting to engage . In these phases , you may do some background research but not engage with them directly . Web searches can yield initial results , and consultants can also help — especially those who know the strengths and weaknesses of your industry . After you have your list narrowed down , you can produce a strong , detailed RFP .
Naturally , your RFP will attract the relevant suppliers , and you ’ ll be able to move to Evaluate . If you ’ ve chosen strong metrics , two to three top vendor proposals should stand out . Be forewarned , Deloitte said : the next part is tricky . Committing , or negotiating your final contracts , will lock you into a potentially multi-year collaboration with a vendor . Take your time : you can deliberate over competing offers , as well as request that additional support be built into the contract .
Which Procurement Services Can Your Team Outsource ?
According to GEP , procurement outsourcing involves shifting sourcing , transaction management , or category management to a business process outsourcing ( BPO ) provider . Since ‘ procurement outsourcing ’ is a broad , somewhat vague term , we ’ ve broken it down into three types of services .
• Transactional Processing purchase orders , RFPs , supplier compliance .
• Tactical Managing spend , performing on-thespot purchases , providing manager training .
• Strategic Handling long-term sourcing initiatives , managing non-core operations end-to-end .
“ CPOs are uniquely positioned to help their organisations navigate a historically disruptive time and build the agility required to thrive ”
RYAN FLYNN PRINCIPAL , DELOITTE CONSULTING supplychaindigital . com 41