Procurement Outsourcing – the Finer Points of the Opportunity
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Procurement outsourcing is in the ascendency. The Everest 2011 Procurement Outsourcing Annual Report suggests 2010 was the best year ever for Procurement Outsourcing with new contract signings and extensions. They indicated that 2011 will be an even stronger year, expecting the market to grow by 15-20%. In my experience, procurement outsourcing is an oxymoron. Procurement is about securing the inputs to a business and, according to Michael Porter in his book Competitive Strategy, is an impo...
