Procurement Consulting, Advisory, and Outsourcing Services
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What is...
Procurement Consulting, Advisory, and Outsourcing Services
As procurement teams have gotten smaller and more focused on strategy, they have developed a need for external expertise. Sometimes this expertise is based on category, industry, or market knowledge, and in other cases it may help procurement develop a vision for their tech stack and associated processes and user experience. In cases where the business's need extends beyond procurement’s capability or capabilities, execution may be outsourced completely to a trusted service partner.
Regardless of the type of professional services required, procurement will want to ensure that the partner they select is qualified from an experience standpoint, but that they also understand the culture and priorities of that company and procurement organization. This will enable them to recommend (and in some cases, implement) strategies that meet procurement’s expectations.