Key Strategic Contributions That Offer Outsourcing Procurement Professionals a Chance to Shine, Alsbridge Reveals
Alsbridge releases latest report discussing the four key contributions that the procurement outsourcing professionals can make during the provider selection process.
- Dallas, TX (1888PressRelease) November 08, 2013 - The sourcing and procurement units of large corporations have a unique opportunity to make a strategic contribution when their companies look to outsourcing, explains Alsbridge Inc., a benchmarking, sourcing and transformation advisory firm. The latest report by Alsbridge elucidates the four key strategic contributions that procurement outsourcing professionals can make during the provider selection process.
Chip Wagner, CEO, Alsbridge Inc., says, "Because a typical outsourcing relationship is one of the largest transactions the organization will likely execute, with many deals reaching nine and even ten figure dollar values, procurement outsourcing professionals can make immensely valuable contributions." Some of what the department must do goes back to sound procurement practices, but the nature of outsourcing also requires some counterintuitive behaviors.
The report explains in detail the four key contributions that the procurement outsourcing professionals can make during the provider selection process adding value to the outsourcing relationship, including:
1. Articulate the "why" of any given position.
2. See the forest from the trees.
3. Know the market.
4. Create the conditions for success.
"Alsbridge believes in partnering with corporate sourcing groups to create a permanent capability that delivers sustainable outsourcing relationships," says Dieter Thompson, president, Alsbridge Inc. "Part of what must be done is what these groups do on a daily basis, albeit with a slightly different lens due to the size and complexity of the transaction," The most strategic part, however, requires the group to step up to a much higher-value playing field.
To know more about how the procurement outsourcing groups can contribute in provider selection and ensure good, fair outsourcing deals, that stay good and fair over the life of the relationship; access the complete report How Procurement Professionals Can Deliver Extra Value in Outsourcing Relationships.
About Alsbridge Inc.
Alsbridge is a global consulting firm that helps companies transform and optimize the way they purchase, manage and leverage technology and business processes. We have over 175 team members on 4 continents serving over 200 clients a year including more than 40% of the Fortune 500. Alsbridge has helped hundreds of companies reduce costs and get more value from their vendors. Our experienced consultants leverage proprietary tools and information databases to identify and engage the optimal vendors for your situation, negotiate best practice terms at fair market prices, and improve the way you work with your service providers. Alsbridge clients utilize the most cost effective and value added sources globally for IT infrastructure services, network carrier services, hardware and software, application support and development, business processes and cloud services.
EDITORS/WRITERS: Journalists interested in covering the above topic or interviewing one of our SMEs please contact:
Scott Tims
Office: 214-378-7970 ext. 278
stims ( @ ) thepointgroup dot com
www.alsbridge.com
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