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Increase Speed to Market
Rapidly gain knowledge and expertise across 1,000+ categories and reduce time spent on research and information gathering. Use these time savings to deliver on stakeholder expectations and allow staff to spend more time on strategic activities.
Achieve Cost Avoidance Goals
Go beyond project-based cost savings and create a cost avoidance strategy that will evolve with you, year after year. Calculate total cost of ownership, leverage buyer and supplier power balances and employ strong negotiation tactics to meet your targets.
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Train Staff and Reduce Loss of Knowledge
Quickly and efficiently train employees on new or unfamiliar categories. Plus, ensure that institutional knowledge doesn’t walk out the door when employees leave by embedding category information centrally within your department.
Better Engage with Internal Stakeholders
Collaborate with stakeholders on sourcing decisions and bring value to conversations across more than 1,000 categories, allowing you to build trust between departments so you can be seen as a trusted advisor.
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Reverse Auction: What It Is and Why Consider It
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Outsourcing Tasks Could Benefit Procurement
There are dozens of procurement outsourcing groups out there just waiting to take on the not-so-fun tactical work…You may think it will cost too much to outsource or an outside resource won’t understand your business. In reality, many outsourcing companies are now equipped with DOsultants, not CONsultants…by nature the work should be completed more consistently and with higher quality.