Procurement Support Outsourcing

Companies world over have realized the value in outsourcing tasks which are not core to their business, as it helps them focus on their strategic objectives. Procurement support is one such area, where key transactional procurement activities can be easily handled by an expert third-party provider like Enventure. We offer a variety of customized procurement support solutions, to meet clients’ specific needs and guarantee a high level of efficiency in the procurement and supply chain management process. Most of the transactional work involved in the procurement process are very system driven, can be well defined and measurable with clear KPI metrics. This removes any element of ambiguity and hence becomes an ideal candidate for outsourcing. Opting for procurement outsourcing can give your team the time and energy to focus on their core functions and meet strategic objectives.

Some of the typical sourcing and procurement support tasks which can be outsourced are:

Strategic Sourcing Support:

  • Alternate part / vendor identification
  • RFI / RFQ support
  • Bid management, quote equalization
  • Category management
  • Vendor qualification & onboarding
  • Contract and Performance management
  • Supplier quality monitoring
  • Spend Management
  • Procurement Transactions:
  • PO preparation
  • Order Confirmations
  • Order Expediting
  • Invoice reconciliations
  • Supplier onboarding

Outsourcing Procurement activities deliver several advantages, such as:

  • Improved operational efficiency
  • Reduced operational costs
  • Strong process expertise, best practices
  • Access to highly skilled procurement experts
  • Multilingual capabilities, if required
  • Flexible and scalable capacity
  • Well-defined KPIs to measure process productivity and quality

Talk to a Procurement expert today!
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