Procurement Outsourcing

Procurement outsourcing first starts with companies deciding what is core and non-core to their business. Companies consider outsourcing for many reasons, but one of the main reasons is that they have decided that certain “Source-to-Pay” activities are not core to their business. They realize that another organization may be better suited to manage and fulfill the tactical activities associated with sourcing and procurement. This delineation of core vs. non-core also helps companies focus their efforts on the more strategic aspects of their business.

Global eProcure’s focus on “Source-to-Pay” process optimization coupled with our global delivery model has brought procurement transformation to our clients. This enables our clients to take advantage of the following benefits:

Reduced “cost of procurement”
Reduced operational costs
Increased savings and compliance
Increased and improved spend visibility

Procure-to-Pay Process Assessment
As a part of Global eProcure’s offerings, we offer an in-depth business process assessment. Our supply chain engineers evaluate the current process, standard operating procedures, and spend and transaction levels associated with a group of commodities or the client’s entire spend (usually indirect). This assessment consists of the following:

Current state mapping
Time and motion studies
Areas of spend that can best be outsourced for ongoing category management
KPI and metric development
Problem/symptom detection (PO backlogs, Inventory turns, expedited shipments)

This process assessment is utilized by our clients to provide a clear roadmap to a “best in class” optimized Source-to-Pay process. We help companies focus on increasing productivity and decreasing operational costs while leveraging the client’s procure-to-pay systems or bringing our own technology as needed.

Partners in Procurement
Global eProcure creates a partnership approach in our outsourcing engagements so that incentives are shared and everyone works toward the same common goals. The creation of KPIs (Key Performance Indicators) and CPIs (Critical Performance Indicators) as well as other related metrics enables Global eProcure to meet client needs in clear and unambiguous terms. The development of related communications plans, escalation paths, and a governance model keep the partnership moving forward even as issues arise. Finally, Global eProcure’s strict adherence to Business Continuity Plans and Disaster Recovery Plans provides the client with an assurance that processes will not be compromised or interrupted.

Global eProcure’s goal is to work in partnership with our clients to bring predictability and standardization to procurement processes thereby reducing the cost of procurement.

Indirect Procurement
Order Management
Invoice Processing
Vendor Performance Management

For more information, please email us at info@globaleprocure.com or request for our services here