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Procurementplus09 Jun, 2021Business
To effectively reduce costs, organizations need a holistic approach across all categories, departments, operations and locations. This is not always the case, as procurement is often fragmented throughout the company. Procurement + Strategic Sourcing service is an across-the-board solution to address this, either on its own or as part of our Managed Procurement Services.
Procurementplus09 Jun, 2021Business
Tail spend makes up around 20% of the total spend, but involves 80% of suppliers. It usually involves a series of indirect or miscellaneous spend categories that aren?t the core of business, which is why many procurement departments tend to ignore tail spend in favor of focusing on the strategic spend. Tail spend is viewed both as less significant in terms of potential savings, and more of a hassle. But by neglecting it, organizations miss out on valuable opportunities for significant savings. We track down these savings with tail spend management tools and delivery options that are tailored to the specific needs of our clients.
Procurementplus09 Jun, 2021Business
Category Management is a strategic approach which organizes procurement resources to focus on specific areas of spend. The results can be significantly greater than traditional transactional based purchasing methods. Signing a contract and identifying your suppliers is just the starting point of the procurement process.we need to ensure effective category management throughout the lifecycle of each contract to ensure ongoing delivery of agreed costs and value. The first year of a new contract is especially crucial; If there is no implementation process in place,many ofthe expected gains can be lost.
Procurementplus09 Jun, 2021Business
A Group Purchasing Organization (GPO) connects companies who spend similar categories, aggregates their spending and negotiates better pricing from a group of carefully selected suppliers. We help our members save time and money by negotiating purchasing contracts and service agreements across a broad range of products and services
Procurementplus09 Jun, 2021Business
Procurement is not a core competency you are interested in building internally. You are operating in a regulated industry an would rather let a professional handle any risk attached to procurement and supplier management.You do not wish to make new hires but recognize the cost of managing your supply chain in an optimal way.You want to increase your buying power by aggregating spend with other SMEs for group purchasing benefits
Procurementplus09 Jun, 2021Business
We understand that our clients are busy with the day-to-day of running a company, that?s why we promise to conduct Spend Analysis & Opportunity Assessment quickly with minimal disruption or time required on your part. At the end, you will receive an accurate, category-by-category analysis of where you stand today along with estimates of available savings.
Procurementplus09 Jun, 2021Business
Professional procurement services is a critical and central part of the supply chain. Indirect procurement company From our operational headquarters in Dubai, UAE, our Procurement team oversees the sourcing of materials and services to customers around the globe.
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