Everest Research Institute uses its PO framework to create a clear and consistent dialogue about how companies tend to outsource procurement and their evolving requirements. Our analyses include comprehensive coverage of 60+ multi-process PO contracts involving outsourcing of three or more activities from Source-to-Pay (S2P) with at least one activity each from Sourcing and Procure-to-Pay (P2P) addressing at least US$150 million of managed spend and having a contract length of at least three years.
Read more at everestresearchinstitute.com |
| Companies will return to using outsourcing to recapture innovation and provide flexibility in 2010 versus simply saving money, but global economic uncertainty will continue to impact the industry, according to year-end predictions by the International Association of Outsourcing Professionals® (IAOP®).Read more at bestoutsourcingjobs.typepad.com |
SourcingBoard is based in Houston, Texas; but is a virtual company with locations throughout the Americas and advisors who have lived and managed engagements globally. It offers ITO and BPO advisory and support services. For more information, visit their website at www.SourcingBoard.com Read more at www.smartbrief.com |
| Accenture (NYSE: ACN) has been named the leader in procurement outsourcing services within the financial services industry by Everest Research Institute, part of Everest Group, a leading global consulting firm specializing in sourcing strategy and implementation. Accenture topped the list because of the company’s experience, breadth of service offerings and 95 percent market share by annualized contract value. |
A total of 17 major service providers across the globe were evaluated for the report, entitled, Procurement Outsourcing in Financial Services: From Wall Street to Martin Place.” As part of the study, Everest Group reviewed multi-year contracts that involved the outsourcing of three or more activities ranging from sourcing to payment.
Read more at newsroom.accenture.com |
Paris — August 3, 2009 — Consulting firm Capgemini America is working with e-purchasing solution provider IBX Group AB to develop a new global procurement solution built on Capgemini’s BPOpen technology platform. |
This new solution is aimed at reducing the cost of procurement for companies while also accelerating and reducing the time to ROI on the deployment of e-procurement, according to the two companies. Capgemini and IBX claim that the jointly developed solution will enable their clients to incur one-tenth the implementation costs over traditional implementation approaches in their sourcing efforts. Read more at www.sdcexec.com |
Computerworld -
WASHINGTON — U.S. Secretary of State Hillary Clinton finished up her trip to India on Monday with a promise to improve cooperation on high-tech trade between the two countries, but she offered no specifics about how that will be accomplished. |
Hira said that it is clear that both U.S. business interests and Indian business interests are represented in the talks, ‘But is there anyone representing the interests of U.S. workers? The answer is no. Since they are absent, or a more accurate description would be ‘excluded,’ American IT workers’ interests can easily be ignored by politicians in the State and Commerce Department(s),” said Hira. Read more at www.computerworld.com |
TPI attributes the fall mostly to the fact that business-process outsourcing - which looked ready to grow as information-technology outsourcing market began to level earlier this decade - has fallen off a cliff. TPI says BPO work has declined across regions and functions, including human resources, finance and accounting, and facilities management. The value and number of BPO contracts were at their lowest figures compared to the past five first-half periods. In fact, at $2.4 billion for Q2, total contract value is down 69% compared to the second quarter of 2008. Read more at www.cfo.com |
| The supply chain world is experiencing a major structural shift as more companies rely on a community of partners worldwide to carry out the complex dance of designing, manufacturing, and distributing products. Today, the majority of supply chain activity already takes place in a virtual, “cloud-like” environment—outside the four walls of one company, across a global web of trading partners. This new approach, called Community Supply Chain Management, demands a new technology model and cloud computing is a natural fit.Read more at www.scmr.com |
ARMONK, N.Y., July 22 /PRNewswire-FirstCall/ — IBM
(NYSE: IBM)
today announced expanded procurement services offerings — including new strategic sourcing services and new procure-to-pay services — that can help clients increase savings from suppliers and reduce procurement costs through smarter spending. These new business process services offerings can also help clients identify favorable vendor pricing through IBM’s substantial investment in infrastructure and strong supplier relationships. |
“IBM’s expanded and flexible portfolio of procurement services gives our clients a diverse set of solutions to increase their procurement savings,” said William Ciemny, general manager, Supply Chain Management & Procurement Solutions for IBM Managed Business Process Services. “IBM focuses on returning cash to our clients with procurement services that will improve their competitiveness.” Read more at sev.prnewswire.com |
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Procurement Outsourcing
