Procurement outsourcing

Procurement outsourcing

Procurement outsourcing is the transfer of specified key procurement activities relating to sourcing and supplier management to a third party — perhaps to reduce overall costs or maybe to tighten the company's focus on its core competencies. Procurement categorisation and vendor management of indirect materials and services are typically the most popular outsourced,

External links

* [http://www.procurementleaders.com/news/latestarticles/11691/ Standard Chartered Bank procurement case study]


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Procurement — is the acquisition of goods and/or services. It is favourable that the goods/services are appropriate and that they are procured at the best possible cost to meet the needs of the purchaser in terms of quality and quantity, time, and location.… …   Wikipedia

  • Outsourcing relationship management — (ORM) is the business discipline widely adopted by companies and public institutions to manage one or more external service providers as part of an outsourcing strategy. ORM is a broadly used term that encompasses elements of organizational… …   Wikipedia

  • E-procurement — Part of a series on Electronic commerce Online goods and services Streaming media Electronic books Softwa …   Wikipedia

  • Government procurement in the United States — is based on many of the same principles as commercial contracting, but is subject to special laws and regulation as described below. Persons entering into commercial contracts are pretty much free to do anything that they can agree on. Each… …   Wikipedia

  • Supply chain management — (SCM) is the process of planning, implementing and controlling the operations of the supply chain as efficiently as possible. Supply Chain Management spans all movement and storage of raw materials, work in process inventory, and finished goods… …   Wikipedia

  • Arvato services — Type Private Industry B2B Founded 1835 Headquarters Gütersloh, Germany Area served Worldwide Products …   Wikipedia

  • Free trade — Not to be confused with Free market. World trade A series on Trade …   Wikipedia

  • Customs union — World trade A series on Trade …   Wikipedia

  • Trade — This article is about the economic mechanism. For other uses, see Trade (disambiguation). Purchase redirects here. For other uses, see Purchase (disambiguation) Trader in Germany, 16th century …   Wikipedia

  • Customs and Monetary Union — World trade A series on Trade …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”