Black book of outsourcing procurement powerpoints

Procurement outsourcing advantages cta procurement. Procurement outsourcing is the transfer of specified key activities relating to sourcing and supplier management to a third party, called the procurement service provider psp. The procurement functions role in strategic outsourcing from a process perspective article pdf available in international journal of procurement management 11 january 2007 with 9,457 reads. Book cover of gerardus blokdyk procurement outsourcing. Examining the role of the chief procurement officer in the outsourcing decision and process. In the black book of outsourcing, outsourcing gurus doug brown and scott wilson demystify the subject and show executives and staffers alike how to successfully assess and implement outsourcing, communicate internally and with partners, measure performance, and lead outsourcing transitions.

Procurement management books pdf book description isbn 9781626209871 44 pages project procurement management describes the processes required to obtain products or services from. According to a recent black book survey, the average hospital will need to reduce its costs by 24 percent by 2022, just to break even. Click on the star in the upper right hand corner of the screen. The outsourcing handbook a guide to outsourcing deloitte uk.

The procurement management plan details how the procurement process will be. The tradeoffs of outsourcing procurement supply chain 247. Creating value through procurement outsourcing mckinsey. Whilst you may want to look through all of the content, this isnt a book that you have. The term sourcing refers to a number of procurement is the acquisition of goods or services practices, aimed at finding, evaluating and engaging suppliers of goods and services. Procurement outsourcing, a strategic imperative source. It explores how organisations make outsourcing decisions and offers.

Read the black book of outsourcing how to manage the changes, challenges, and opportunities by douglas brown available from rakuten kobo. Health it outsourcing on the rise, black book survey shows. Outsourcing procurement provide tailor made business. We focus on how your business is doing across areas that are critical to business growth including direction, finances, markets and customers. Accenture s ability to work collaboratively with clients from strategy through execution and beyond sets us apartand, more important, helps us set our clients apart. Whether the choice is to outsource the procurement function in its entirety or incrementally, organizations have reported greater spend visibility, reduced procurement costs, and improved price savings as a result of procurement outsourcing. No parts of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information. Youll see that much of the content in this handbook encourages you to take a much broader view of outsourcing, considering everything from change management to tax optimisation and regulatory compliance. With more than 50 new contracts signed in both 2010 and 2011, the procurement outsourcing market has now generated over 300 engagements since 2002. Often good procurement strategies can be the difference between a profitable company and a failed business. Enjoy rapid growth, 2008 black book of out sourcing authors say. Outsourcing procurement identify, analyse and interpret data in a given context to identify your businesses strengths and weakness.

Introduction leading organizations have already outsourced a major chunk of it services and have tested and proved that outsourcing and offshoring works. Global sourcing the world has grown a good deal smaller, figuratively, in the last 50 years, with the increased speed of transportation and communication. Gep provides clients a flexible set of procurement outsourcing options, custom configured to meet their specific needs. The black book of outsourcing, conducted a web survey of over 117,000 invited outsourcing governance officers including ceos, cfos, procurement. To streamline their operations, many organizations are looking to outsource activities that do not need to be handled inhouse. Sig, a recognized industryleading, membershipbased organization, helps.

Why procurement outsourcing makes good business sense. Procurement outsourcing services, indirect procurement bpo. Procurement is the process of actually purchasing those goods and services. Operations strategy procurement and outsourcing strategy. The black book of outsourcing ebook by douglas brown. Why should you consider procurement outsourcing mmi a. Procurement outsourcing and supply chain performance of. Fast forwarding procurement outsourcing presented by infosys since 1991, the sourcing interests group sig has provided forums for networking, relationship building, knowledge sharing and education in a noncommercial environment. Millennials in supply chain this research paper from scmr, apics and apqc finds the next generation is focused, engaged, enthused and committed when it comes to working in supply. Ppt strategic outsourcing powerpoint presentation free.

If procurement outsourcing is to yield the expected benefits, its adopters will need to carefully weigh the comparative costs and risks of insourcing vs. By 2022, average hospital costs must be reduced by 24% to. Ppt procurement and outsourcing strategies powerpoint presentation free to view id. Sourcing and procurement service overview accenture. Outsourcing in procurement and supply chain the purpose of the concept is to provide an insight into the benefits and drawbacks of outsourcing in procurement. Full procurement outsourcing entails leveraging an outsourcing provider to manage all aspects all processes and categories of the sourcetosettle cycle. Again for this year, wilson and brown have completed a report specifically on the state of procurement outsourcing the black book of procurement outsourcing, based on survey data from a large respondent pool of more than 3500 procurement and supply chain executives and. Organisations buy or outsource materials, components andor services from suppliers for many reasons. The 10 hidden costs of outsourcing procurement cscmps.

Before you decide to outsource routine procurement activities, consider what your organization values most. Can we do procurement outsourcing without complex expensive analysis. Procurement outsourcing has helped in the metamorphosis of the. Sourcing is the process of evaluating and hiring individual businesses to supply goods and services to your business. Many organizations now use openbook accounting when working. From endtoend procurement outsourcing to point solutions like category management, strategic sourcing and procurement.

The procurement function can be a focus of outsourcing efforts if the organization determines that certain routine activities fall into this category the types of activities can vary by organization, but in general they include tasks such as developing and executing. Api outsourcing industry leader api outsourcing has been selected by the black book of outsourcing annual survey and resource as one of the top outsourcing companies within the ap industry. Youll see that much of the content in this handbook encourages you to take a much broader view of. Book cover of douglas brown, scott wilson the black book of outsourcing. Join thousands of satisfied visitors who discovered hr outsource companies, offshore outsourcing company and outsourcing service. Procurement categorisation and vendor management of indirect materials and services commonly referred to as indirect procurement are typically the. Procurement requires a great deal of focus on cost saving, profit maximization and compliance. Techniques for analyzing industries and competitors an organizations bartering power with its supplier is one of five key competitive forces companies should seek ways to improve their power over suppliers to gain a competitive advantage porters five forces 1979. The 100 best outsourcing books recommended by simon sinek, michael hyatt, adam.

Ethical procurement resourceswallet size quick card. Remove this presentation flag as inappropriate i dont like this i like this remember as a favorite. Procurement and outsourcing strategies toyota varies its outsourcing practice depending on the strategic role of the. The black book of outsourcing covers every major topic and application of outsourcing, including. The procurement functions role in strategic outsourcing. Procurement professional with extensive experience in strategic sourcing, procurement operations, procurement systems and creating world class procurement performance. Our very low markup combined with our ability to negotiate low pricing within our existing supplier network allows companies to outsource their procurement needs without any additional overhead costs. If youre in a productbased business, procurement is key to your success.

According to the latest survey on healthcare outsourcing conducted by black book market research llc, 98% of hospital leaders are. Procurement outsourcing is the transfer of specified key procurement activities relating to sourcing and supplier management to a third party perhaps to reduce overall costs or maybe to tighten the companys focus on its core competencies. However the procurement of goods and services are not a new subjects. Reasons for buying or outsourcing blc 30405 procurement. Ppt procurement and outsourcing strategies powerpoint. Practical tips and tools, and worksheets on the accompanying cd can be. Sourcing is the way an organization acquires its needed goods and services in such an integrated manner that functional and hierarchical organizational boundaries are. Revised for 2009 and beyond, the black book of outsourcing is a comprehensive guide and directory for the evolving field. Its tough to manufacture all of your own parts and materials. Outsourcing to meet new business challenges achieving outsourcing operational excellence building new revenue streams through outsourcing using outsourcing to reduce corporate risk developing. Black book finds that health it outsourcing is a growing trend with the increase of ehr incentive programs, icd10, feeforservice payment. Clients empoweringcpo, one of the top procurement service provider, has a client base which reflects the companys expertise and highly qualified professionals working for its. The internet has accelerated the trend to global supply, making it easier for source selection and reducing communication problems.

White paper why should you consider procurement outsourcing. We like to think about it, talk about it, plan for it and then make it happen. In the public sector, outsourcing is the contracting out of functions that historically have been provided by public employees. One poison pill that will almost certainly guarantee failure is treating outsourcing as just another procurement.

The pmbok project procurement management processes. Hospitals cost structures have become unsustainable and, as a result, nearly every provider is at least considering outsourcing, and most have already taken the leap in one or more areas of their business. Unlike human resources or financial services outsourcing, where the value comes in headcount and fixed cost reduction, the value in procurement outsourcing comes in the form of increased savings and significant impacts to the top and bottom lines, and this value should dwarf any process or headcount savings the organization may want to acknowledge. Before they outsource strategic procurement, companies must look hard at the true value drivers and longterm benefits of using third parties. Sourcing and procurement have become a bigger part of a supply managers job in recent years, in part because businesses keep becoming more specialized. In the real world, weve found that clients dont have cookiecutter issues, so we dont use one when helping them meet their procurement objectives. Procurement ethics training powerpoint presentation. Outsourcing procurement is often undertaken by very large companies to save money. More than 24,000 global responses from various outsourcing users were analyzed to determine the bestinclass outsourcing vendors. Cta provides a usbased procurement outsourcing service less expensive than outsourcing overseas. Lange selling outsourcing services in the digital age. The adobe flash plugin is needed to view this content. Sourcing and procurement is not just our jobit is our passion. Apply to purchasing manager, clinical trial administrator, director of procurement and more.