Trends in Procurement Outsourcing Contracts

Procurement BPO has changed substantially over the last decade. Growing maturity of procurement technology and commodification of significant parts of the procurement value chain altered the value proposition of procurement BPO. From very large lift and shift outsourcing deals, heavily dependent on labor arbitrage, to smaller engagements leveraging procurement platforms, advanced analytics and intelligent automation.

This report explores the characteristics of procurement contracts awarded in the last 24 months.

Source: hfsresearch.com-Trends in Procurement Outsourcing Contracts

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One thought on “Trends in Procurement Outsourcing Contracts

  1. Procurement outsourcing is at its peak in the recent days. Many companies outsource the procurement work to service providers and concentrate on the core business. This helps them to over come the distractions in and around their business. https://goo.gl/LcMWCP explains in detail on procurement outsourcing.,

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