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Procurement Process Outsourcing Proves Faster and Cheaper Than Hiring In-house Procurement Staff and They Can Do More Than Procurement
Neways, a multi-level marketing company, lacked staff with deep procurement skills. It chose to outsource the process to Smart Cube, an Indian supplier. The labor arbitrage saved 50 percent. But that's not where the real value was; it was in the supplier's vast domain knowledge. (2008)

Fundamentally Changing the Way Universal Music Operates...for the Better
The music industry has changed more in the last two years than the last 20. That made Universal Music question everything about its business, especially since past financial success fostered a culture of focusing on creative flair rather than commercial best practice. Outsourcing its procurement to buyingTeam changed everything...for the better. (2008)

Source One Provides End-to-End and On-Demand Strategic Sourcing Solution for Mid-market Companies
Mid-size companies are limited in their ability to drive continuous improvements in cost and performance for strategic sourcing of goods and materials. And it's too costly for companies to maintain domain expertise in every category of spend and keep up with current market in each area. Outsourcing to Source One solves these problems, and a contingency-based model for pricing based on a percentage of savings achieved provides even more value. (2008)

FAO and PO Suppliers Meeting in the Middle to Create Procure-to-Pay Offerings
Two types of suppliers are meeting in the middle to create an end-to-end process known as procure-to-pay (P2P). A just-released study by the Everest Research Institute found outsourcing P2P processes are gaining traction. Why? Because P2P directly addresses the pain points in the buyer's financial supply chain. Katrina Menzigian discusses how. (2008)

Outsourced Travel Management: Value-Added Services Becoming Key Differentiator
With competition intensifying, outsourced travel management providers are analyzing spend and integrating their tools with their buyers' back end systems to stand out from the pack, which now includes traditional procurement service providers. (2006)

Aberdeen Group Study: Procurement Outsourcing Moves Past Savings and Becomes More Strategic
Every two years Aberdeen Group studies corporate plans for procurement outsourcing for the next two years. This year cost still remained the No. 1 reason to outsource. But reason No. 2 changed: today companies want their personnel to focus on more strategic activities. (2006)

The Procurement Outsourcing Forecast for 2006
2006 will experience an up tick in the number of deals. Here's why. (2005)

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How to Make Indirect Procurement Outsourcing Work Effectively - An exclusive report from Business Week Research Services. - June 2008

Supplier Corner: Helping Companies Buy Better - Guy Strafford, client services director of buyingTeam, a UK-based procurement outsourcing service provider, says "most people don't negotiate or buy particularly well." But that's why buyingTeam exists. Its specialists keep abreast of constantly changing m... - June 2008

Outsourcing and procurement mastery: How procurement masters leverage outsourcing on the path to high performance - Ten percent of worldwide companies outperform their peers because they do things differently. Learn how to achieve procurement mastery. - January 2008

Compliance: Finance's Bridge to the Enterprise - Read this paper from Capgemini to learn how leading CFOs view long term compliance hurdles as a bridge to bring their business together, streamline processes and reduce costs via process improvement, shared services and outsourcing. - December 2004

Agile Workforce, Agile Company - A special report from Convergys summarizes the key findings from its exclusive primary research study entitled "Workforce Agility: The New Frontier for Competitive Advantage," conducted by Saratoga/PricewaterhouseCoopers and the University of Michigan. In ... - December 2004

Dangerous Liaisons - The degree to which cultural elements in an outsourcing buyer and service provider's separate cultures are compatible is a primary key to success in outsourcing. The parties' degree of compatibility will enhance (or hinder) their ability to jointly solve p... - November 2004

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