Procurement Outsourcing

A dynamic marketplace and increased globalization has paved way for unheard levels of competition while creating numerous opportunities for organizations to differentiate themselves. Leveraging on this trend and technology advancement, companies are increasingly adopting Procurement Outsourcing as a strategy for sustained profitability and source of competitive advantage.

The emerging Procurement Outsourcing (PO) market is estimated to grow at 20% over the next three years and double in size, as PO service providers continue to build offerings in high-end category management and pure-play procurement transaction support.

We have developed PO services offering customized solutions across the source-to-pay cycle. Our expertise and effective delivery network coupled with process intelligence tools like six sigma and lean assure customers advanced and updated transformation benefits. The end-to-end solutions include material master data management, spend analytics, category management, contract management, sourcing support and P2P cycle management.

• Average savings of 18% which is over USD 3 billion on the aggregate spend incurred by clients
• Improved contract compliance by 26%
• 22% reduction in operation costs through process redesign, automation, right sizing and labor arbitrage
• 15% reduction in maverick spending through material master data management and P card catalog buying

• Global delivery model – ability to spread SME resources across onsite, near shore and offshore locations.
• Category management expertise – More than 70+ experienced professionals who are certified procurement consultants, supply chain professionals and commodity managers from different industry verticals.
• Procurement automation tools – ability to host S2P service as SaaS solution or on demand solution. Proprietary application Base)))™, which can extract spend data from multiple enterprise applications. Technology partnerships with IASTA and Ariba for spend management and sourcing management.
• People and process delivery – More than 700+ professionals with P2P expertise. Lean and six sigma based delivery methodology ensures business agility and continuous productivity improvements.