Procurement Outsourcing is defined as a process wherein organizations take a calculated approach of moving some of their processes around source to pay to a specialist. This involves organizations identifying the core and non-core activities with source to pay and start outsourcing non-core activities to a specialist. This process involves different approaches:
- Full outsourcing - Survey shows only 17% take this approach - Only leaders adopt this route
- Incremental nutsourcing - Survey shoes 83% take this approach
- Hybrid approach towards strategic and transactional activities
- Vendor:
- Wipro
- Posted:
- Feb 8, 2021
- Published:
- Jan 13, 2009
- Format:
- PDF
- Type:
- White Paper