In this week’s interview with Brian Umbenhauer of Deloitte, Brian discussed the fact that procurement leaders are continuing to outsource tactical and transactional activities. This is a theme that I hear regularly. Therefore, in todays episode of The Art of Procurement Friday Show, I thought I would discuss 4 activities that you should outsource today.
The first three activities can be applied to both Indirect and Direct procurement. The fourth is specifically related to Direct Materials Procurement in a manufacturing environment.
“These are the low hanging fruit as you think about what activities you could lever a third party procurement services firm to do for you.”
4 Procurement Activities You Should Outsource Today
The 4 Procurement Activities that I discuss in this episode are:
- Tail Spend Management
- Management and Execution of the RFX Process
- Procurement Administration Support Services
- Manufacturing Procurement Support Services
Episode Transcript (PDF):
- Click here to download a copy of today’s episode transcript (PDF).
Links and Resources:
- 21 Tips to Help Secure Your Dream Procurement Job
- Learn How Google’s Strategic Sourcing Team Became a Trusted Business Partner, with Time Jones
- The Key Behaviors of Effective Procurement Leaders, with Gerard Chick
- The Strategies & Tactics You Need to Secure Your Dream Procurement Job in 2016, with Andrew Daley
- The Strategies & Tactics You Need to Secure Your Best Procurement Hires in 2016, with Mark Holyoake
- Introduction to CSR: How Can Procurement Facilitate Small Business Growth, with Stan Litow, President of the IBM Foundation
- Apply Marketing Procurement Best Practices to Become Relevant to Your Difficult Business Stakeholders, with Bob Rodwell
- How Procurement Can Optimize the Management of Temporary Labor, with Terri Gallagher
- Beyond the Numbers: A Deep Dive into the Deloitte 2016 CPO Survey, with Brian Umbenhauer
- Deloitte Global Chief Procurement Officer Survey 2016
- All Art of Procurement Episodes
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- Art Of Procurement on Twitter
Thanks for Listening!