Out-Sourcing Initiatives Limited; (creative procurement cooperation)
Whatever your business, Sourcing (procurement) is typically not your core raison d'être, despite accounting for the majority of a firm's financial outlay.
To outsource part of your procurement activity combines opportunities for cost reduction with the ability to transpose existing resources to those primary categories retained in house. It also generally costs less and provides measurable results that are often difficult to accumulate in house.
A successful sourcing relationship could therefore provide you with a sustainable advantage over your competitors. |