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Procurement BPO

Add value to your procurement function by outsourcing lower value-adding tasks so that your procurement team has the freedom to focus on higher value-added assignments.

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A constant priority for any business is adding higher value to their operations. 

One way to do this is through greater efficiency. The path to this, however, tends to be riddled with challenges. 

This is especially the case because businesses are not static entities; they are evolving constantly. 

Building internal expertise is often prioritised in every value -building endeavour. However, emerging fields like procurement BPO prove the value of leveraging external expertise to boost internal growth. 

Outsourcing lower value-added procurement processes can relieve the burden on your procurement teams. It opens up the possibility of taking on higher value-added tasks. Allowing certain procurement tasks to be completed by specialised, external businesses also adds value to the final product/service while reducing procurement costs. 

In addition to these advantages, procurement BPO also conserves resources and reduces waste.

Discover the procurement BPO services provided by Kronos Group.

Kronos Group’s procurement BPO

Kronos Group’s services have been built over many years of research and experience to optimise critical business functions. 

We help businesses build internal expertise and value while providing specialised services that our clients can benefit from. Support your procurement function with Kronos Group’s procurement BPO services:

Spend analysis

Category management

Tail-spend management

Sourcing

Transaction management

Compliance

Benefit from our expert-led insights on the procurement, finance, and project management fields.

FAQs

Why should I outsource the procurement activities of my business?

The two key ways businesses can drive their optimisation strategies and tap into greater market opportunities are through digitalisation and outsourcing.

Outsourcing is akin to digitalisation in its transformational power over business activity because it makes more efficient use of resources while adding greater value to your end product and freeing up room for higher value addition.

What activities are included in Kronos Group's procurement outsourcing?

Our procurement outsourcing services include:

  • Spend analysis
  • Category management
  • Tail-spend management
  • Sourcing
  • Transaction management
  • Compliance support

How else can procurement outsourcing benefit my business?

Once your business invests in outsourcing strategies, your operations are likely to be transformed.

The benefits you enjoy include more sustainable and eco-friendly business processes, a higher-quality and value-added end product, the ability to specialise internally, a wider business network, decreased waste and the ability to reallocate resources more efficiently, and improved responsiveness across your procurement operations.