Procurement can be defined as the process to obtain materials, supplies, services, and contracts with the highest level of qualitative services and the best total cost through open and fair competition.
Tech 11 offers an array of Procurement Services for all types of organizations, supplying procurement solutions and services such as: benchmarking, spend analysis, spend consolidation, specification building, market research, RFX tools, and contracting to the Mid-Market.
Implementing Best Practices
Periodic Price and Saving Revision
Periodic Price Negotiation
A Procurement Service Provider such as Tech 11 can provide a rapid analysis of an organization’s spend, negotiate with suppliers, manage supplier implementations, and proven industry best practices to become an extension of your organization’s existing procurement resources, in a non-obtrusive fashion.
We will help define the strategic sourcing process and train internal employees on commodity costing models, sourcing automation tactics, and category and supply market assessments.” This will help you achieve material cost reductions. We will be happy to meet with you to discuss how we may be of service to you. Keep in mind that you do not have to outsource your entire procurement function, you can also outsource in selected spend categories.
Our procurement services will change your business’s consumption of resources to ensure it continues to thrive. Survival isn’t about reducing costs of purchases; it is about when to buy specific resources and how much you need; effective consumption as an organization will determine whether you succeed or fail in a competitive industry.
By combining our years of experience across the full spectrum of industries, our procurement solutions offer innovation, initiative, experience and technical ability. Ensuring that sourcing, purchasing, and intelligence work cohesively in one platform ensures that our clients gain in power, resources and output.
To learn more about how Tech11 and our partners can help, please contact us.