4 Procurement Activities You Should Outsource Today

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.

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“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:

1. Tail Spend Management
2. Management and Execution of the RFX Process
3. Procurement Administration Support Services
4. Manufacturing Procurement Support Services

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
• Subscribe to Art Of Procurement
• Email contact@artofprocurement.com
• Art Of Procurement on Twitter