Top Ten Reasons
to Outsource Your Organization's Purchasing Functions
- Hard
Dollar Cost Reductions. Measurable cost reductions
for a broad range of goods, services, supplies, and materials.
Research suggests that organizations can reduce indirect
expenses by 25%* using proven purchasing processes &
strategic sourcing techniques.
- Supply
Base Optimization. Reduce the numbers of suppliers
providing your goods and services (by an average of 47%*)
and increase competition in purchasing categories where
improvement is needed to reduce costs, improve supplier
performance and increase customer satisfaction.
- Reduce
Operating Costs. Purchasing resources to augment
and/or supplement your management and employee team with
a commitment to achieve annual cost reduction targets over
the term of the purchasing service.
- Process
Simplification.
Deep Purchasing expertise will provide immediate soft cost
benefits with efficient and effective supplier programs
that simplify the commitment, order entry, invoice and payment
processes.
- Access
to Best Practices. Purchasing best practices including
spend analysis, strategic sourcing, quoting, process simplification,
contracting, partnering, supplier management, measurement
and regular management reporting for organizations across
vertical market segments.
- Improve
Organization Focus. Outsourced purchasing helps
management and employees focus on product and service sales,
their core business. Professional purchasing resources will
improve the performance of sub-optimal business units.
- Category
Expertise. Experience acquired in over 100 purchase
categories including general market segment categories to
very obscure and specific industry purchasing categories
from check processing services to auto parts, auto services,
towing, uniforms, office supplies, payroll services, waste,
printed materials, janitorial services, industrial supplies,
tooling and more; PMG has your organization covered!
- Shared
Risks. Outsourcing of the purchasing function shifts
the burden and accountability of achieving cost savings
targets to your outsourced provider. Outsourcing allows
an organization to remain more dynamic, flexible and adaptable
to a changing business environment.
- Process
Expertise. Deep purchasing experience and process
expertise to ensure that categories are properly leveraged
for cost advantage, and that qualified suppliers perform
to owner expectations.
- Continuous
Improvement. Outsourced purchasing relationships
offer new insight, tools, techniques and processes to continually
assess and improve your purchasing and operational performance.
Take a look at how PMG is assisting organizations
across the nation to reduce costs, optimize suppliers and
improve procurement processes.
Click
here to view client success stories.
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