Description
Procurement outsourcing
Procurement outsourcing is a third-party service to take care all the businesses’ needs during the procurement process, from identifying suitable suppliers all the way to the integrated supply chain management.
Galibright® provides clients a flexible set of procurement outsourcing options, custom configured to meet their specific needs. From end-to-end procurement outsourcing to point solutions like category management, strategic sourcing and procurement operations.
Galibright® delivers outstanding results by bringing together the most comprehensive procurement services portfolio in the industry, innovative cloud-based software, global operations capabilities and tailored solutions.
Some of the benefits that can be gained are:
Cost reduction from head count, training, office space and computerization.
Market leverage allowing for better discounts.
Transaction cost per purchase are lowered by economies of scale.
Marketing knowledge of which suppliers are best for each product to be purchased.
Highly skilled staff that specialize in purchasing.
Improved communication between purchasing experts and the company staff.
Better management information and purchasing analysis is available for people who understand the purchasing environment.
Globalization means that the same products are often required in different countries.
Negotiation by an expert in the field is often more effective and profitable.
Procurement process is categorized in two:
Direct procurement, such as purchasing of materials or other goods and services for final product
Indirect procurement, such as purchasing of office equipment, utilities or marketing activities
What’s more challenging in the procurement process is trying to maintain effective and efficient strategies with a constantly evolving marketplace.
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