Procurement is about securing the inputs such as materials, supplies, equipment and services to a business. According to Michael Eugene Porter in his book Competitive Strategy, procurement is an important aspect to remaining competitive and effective; so why outsource the procurement services? Surely by outsourcing the procurement services a business is putting at arm’s length its buying capability in favor of cost related benefits. Thus it reduces the opportunity for intuitive and innovative buying, which may omit value, innovation and competitive advantage.
We at EmpoweringCPO, one of the top procurement outsourcing companies, we understand this aspect. All our services are aimed at supporting the procurement organization to retain this critical function in-house and also achieve competitiveness at the same time. We build Offsite Procurement Organization for our clients, in the BOT (Build-Operate-Transfer) framework the client delegates EmpoweringCPO to acquire and train talent and operate the facility.This is then transferred to the client after the pre-decided period of operation.
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