The sourcing and procurement units of large corporations have a unique
opportunity to make a strategic contribution when their companies look to
outsourcing, explains Alsbridge Inc., a benchmarking, sourcing and
transformation advisory firm. The latest report by Alsbridge elucidates the
four key strategic contributions that procurement outsourcing professionals can
make during the provider selection process.
Chip Wagner, CEO, Alsbridge
Inc., says, “Because a typical outsourcing relationship is one of the
largest transactions the organization will likely execute, with many deals
reaching nine and even ten figure dollar values, procurement outsourcing
professionals can make immensely valuable contributions.” Some of what the
department must do goes back to sound procurement practices, but the nature of
outsourcing also requires some counterintuitive behaviors.
The report explains in detail the four key contributions that the procurement
outsourcing professionals can make during the provider selection process adding
value to the outsourcing relationship, including:
“Alsbridge
believes in partnering with corporate sourcing groups to create a permanent
capability that delivers sustainable outsourcing relationships,” says Dieter
Thompson, president, Alsbridge Inc. “Part of what must be done is what these
groups do on a daily basis, albeit with a slightly different lens due to the
size and complexity of the transaction,” The most strategic part, however,
requires the group to step up to a much higher-value playing field.
To know more about how the procurement outsourcing groups can contribute in
provider selection and ensure good, fair outsourcing deals, that stay good and
fair over the life of the relationship; access the complete report How
Procurement Professionals Can Deliver Extra Value in Outsourcing Relationships.
About Alsbridge
Inc.
Alsbridge is a global consulting firm that provides data-driven sourcing
advisory and benchmarking services for IT, Finance and Sourcing
executives. We’ve helped
hundreds of companies reduce costs and get more value from their vendors. Our experienced consultants leverage
proprietary tools and information databases to identify and engage the optimal
vendors for your situation, negotiate best practice terms at fair market
prices, and improve the way you work with your vendors. Alsbridge clients utilize the most cost
effective and value added sources globally for IT infrastructure services,
hardware and maintenance, network services, software and maintenance,
application support and development, business processes and cloud services.
Alsbridge was ranked the #1 outsourcing advisor in the world by the
International Association of Outsourcing Professionals (IAOP) based on the
value delivered to clients. This
commitment to delivering value to our clients has made Alsbridge a
distinguished member of the 2010 Inc. 500 fastest growing privately held
companies in America.
EDITORS/WRITERS: Journalists interested in covering the above topic or
interviewing one of our SMEs please contact:
Scott Tims
Office: 214-378-7970 ext. 278
stims@thepointgroup.com
www.alsbridge.com
