Accenture, Procurement, Outsourcing
Outsourcing and Procurement Mastery
05 Sep 2007 | (Survey)
Few corporate functions have evolved more dramatically than procurement. As recently as the 1970s, it was generally regarded as a clerical, reactive position—a cost center. At many companies, the exact opposite now is true: Procurement has become a strategic, proactive process that contributes as much as—or more than—other business functions to profitability, corporate growth and competitive advantage.
The use of outsourcing is one critical dimension of procurement mastery. The high performers in the study clearly showed greater take-up of outsourcing across the six functional dimensions identified in the research: order management, accounts payable, supplier help desk, user help desk, catalog management and goods receiving.
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