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What Tasks Should Procurement Outsourcing Be Considered
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ByEicrasoft
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 process.
The procurement tasks that are outsourced most commonly are included in the table below.
Transactional |
Procurement Operations | Procurement Support | Category Management |
Transaction Management | Sourcing Support | Strategic Sourcing |
Contract Administration | Market Intelligence | Category Management |
Master Data Management | Spot Buying | Spend Data Management |
eCatalog Management | Contracting | Strategic Vendor Performance |