Why outsource procurement and what are the benefits?

Outsourcing the global procurement and supply chain function, allows a business to focus on its core operations, whilst a specialist delivers additional value through the management of the procurement function. It provides access to highly skilled procurement experts utilising class-leading IT systems without significant outlay and in an expedient manner.

Benefits of outsourced procurement include access to an approved global supply chain, increased availability of products at a lower cost to serve, a category management approach to drive value, increased market leverage through consolidation of spend and improved management information and analysis to make appropriate decisions.