Even while companies can outsource their whole category management of non-core spend areas to a third party, outsourcing in procurement has typically just been used for the transactional purchase-to-pay...
While most procurement outsourcing has concentrated on the transactional purchase-to-pay process, firms can also outsource non-core spend category management to a third party. The table below lists the most...
Other strategic advantages of procurement outsourcing that are equally valuable and appealing include: Flexibility Procurement outsourcing enables businesses to easily scale up their procurement teams in response to fast...