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How to conduct outsourcing procurement?

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tisce View Drop Down
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    Posted: 21 Nov 2023 at 1:12pm

Here are the steps to carry out outsourcing procurement:


Determine procurement requirements: Clearly define the organization's procurement needs, including specifications, quantities, and quality requirements for the desired products or services.


Find suppliers: Conduct market research, tender processes, or request for quotations to identify potential suppliers. Evaluate their capabilities, reputation, and competitive pricing.


Select appropriate suppliers: Based on the evaluation results, choose the most suitable supplier(s) and engage in negotiations to finalize the procurement contract and price terms.


Sign the contract: Create a procurement contract that clearly outlines the rights and obligations of both parties, ensuring the legality and compliance of the procurement process.


Supervise and manage: Monitor and manage the outsourcing procurement process to ensure that the supplier delivers the required products or services on time and meets the quality standards.


Settle and evaluate: Settle payments according to the contract terms and evaluate the outcomes of the outsourcing procurement, assessing aspects such as procurement costs, quality, and timeliness of delivery.


Continuous improvement: Continuously improve the outsourcing procurement strategy and processes based on the evaluation results, aiming to enhance procurement efficiency and effectiveness.


By choosing TISCE's outsourcing procurement services, you can free up valuable resources and time, while benefiting from the support of a professional team and advantageous procurement conditions. Through our collaboration, you can focus more on your core business and achieve higher efficiency.


We are currently running a promotion, where you can register with TISCE for a free trial!

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