In a time when resources are under pressure, it may be time to consider outsourcing your indirect procurement.
Consider how cost effective is it for you to commit existing resources to effectively research and review your existing supplier arrangements? Carrying out the necessary due diligence and supplier assessment is time consuming and will not always guarantee the best savings solution for your business. Often providers will only offer their best rates when they feel they will lose your business or are confronted with a better offer from a competitor.
In real terms, it could actually cost you money to save money. We have already been through this process with our supply chain when carrying out our assessment for them to partner with us.
2021 National Master Builder Awards ceremony hosted by Nick Knowles
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