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Top Ten Reasons to Outsource Your Organization's Purchasing Functions

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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!
  8. 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.
  9. 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.
  10. 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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