Hackett, Offshoring, Procurement, Savings
Hackett: Big savings by offshoring procurement
-
|
- Print |
- Email Page
As part of the Hackett Group's recent research release, estimates show the average Fortune 500 company could save almost $10 million a year by outsourcing or offshoring procurement functions such as purchase order processing and sourcing execution. Those moves would impact, on average, 275 procurement jobs per company.
Hackett found many companies are relying on outdated sourcing analysis techniques that lead them to materially underestimate the benefit available through off-shoring back office operations. With labor arbitrage savings nearing 60%, Hackett finds that executives must analyze their process optimization opportunities to capture the potential value of centralization.
-
|
- Print |
- Email Page
Hertz Selects ICG Commerce to Provide Procurement Outsourcing ServicesThe Hertz Corporation has signed a five-year contract with ICG Commerce for procurement outsourcing services to support its broader efficiency improvement and reengineering efforts.21 Apr 2008 | (News)
Service Improvement – A Shared ResponsibilityRachel Anderson of Alsbridge Europe outlines the dual responsibility of service improvement.08 Apr 2008 | (Thinking Point)
Retained Organisation – The Importance of Getting It RightRachel Anderson of Aslbridge Europe makes an argument for effectively designing your retained organisation, no matter how large or small.08 Apr 2008 | (Thinking Point)
Service Provider M&A – Change of Control Doesn’t Have to Mean Loss of ControlThe outsourcing service provider market has experienced a steady stream of mergers and acquisitions (M&As) which began to pick up in 2007. However, a solid outsourcing arrangement is structured to
anticipate...08 Apr 2008 | (Thinking Point)
