The Consultants

Procurement

Procurement Outsourcing is a specialized process strategy for outsourcing non-core goods and services while enabling your best procurement talent to focus on your company’s important buying categories. This strategy allows you to access best-in-class procurement systems, tools and resources without the need for significant capital investment.

Procurement Outsourcing strategies can be structured around the cost of the process itself or the actual procurement spend. In both cases, the outsourcing initiative integrates knowledge process sourcing strategies with specialized systems outsourcing services.

In process cost arrangements you retain the ability and obligation to manage selected key parts of the procurement process. In procurement spend situations you “manage-to-the-metric” and qualitative service metrics that ensures you’re receiving the value you’ve bargained for.

Alsbridge can guide you through the procurement outsourcing process while helping you to transform your procurement organization by:

• Assessing your existing buying categories to determine the core (retained) and non-core (sourceable) activities
  
  
• Baselining and benchmarking your existing tools, capabilities, capacity, and comparing to the provider market and best practices.
  
  
• Designing the internal procurement management organization to move from a procurement role to an outsourcing services management role.
  
  
• Building transparency, controls and audit ability into the contract and ongoing procurement process to ensure compliance and lower total costs of goods and services.
  
  
• Measuring improvements in transactional effectiveness and supplier performance in all categories.