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Procurement Outsourcing: A Comprehensive Guide for IT Teams

Written by Author | Jun 20, 2024 8:00:00 AM

Spreadsheets, vendor negotiations, budget balancing, and managing supply chain issues— these are just the tip of the iceberg when it comes to procurement headaches for IT teams.

Outsourcing IT equipment like laptops and peripherals can mean the difference between keeping your team productive and facing massive delays.

Engaging with numerous vendors, ensuring compatibility, and keeping costs in check are no small feats. More than often, these efforts can lead to oversights, inefficiencies, and even increased expenses. Outsourcing procurement processes to specialized platforms eliminates these issues.

Per a Deloitte survey, 57% of businesses witnessed improvements in cost savings and process efficiencies after outsourcing procurement functions.

In this article, we define the core aspects of procurement outsourcing, discuss its many benefits, and provide a step-by-step approach to seamlessly integrate this strategy into your IT operations.