Procurement Outsourcing (PO), with its unique value proposition among all BPO segments, requires a different set of best practices to derive value and gain significant benefits. The potential bottom-line impact of PO can be extremely high making the value proposition extremely attractive.
- Get finance involved in the PO initiative from the beginning
- Build a phased approach to manage risk
- Apply a balanced scorecard approach
- Realize PO savings with multiple value levers