Sourcing and Procurement

Sourcing and Procurement

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Sourcing and Procurement

The importance of sourcing and procurement is clear. Though the terms sourcing and procurement are used together many times, they actually represent two different worlds. Sourcing refer to the process of selecting suppliers, whereas procurement discusses about the transactional of the relationship.

Prosper Tech-Soft can provide you Sourcing services including spend analysis and procurement optimization etc.

The misconception between the concepts of sourcing and procurement has leaded some organizations to burden the procurement process with controls. Especially the companies which are following strictly will be affected by this. Procurement process should be simple and easily understandable.

While many companies are executing cost-cutting measures, Sourcing and Procurement outsourcing has become one major focus area. Sourcing and Procurement outsourcing improve efficiencies by reducing procurement costs. It also increases the effectiveness of companies by reducing procurement expenditure.

Prosper Tech-Soft is offering sourcing and procurement services that can help you manage your supplier relationships easily. You will definitely experience transformational advantage by utilizing our services.

We track all transactions electronically and we provide improved documentation which helps the organization to move ahead.

Our Sourcing Management includes

  • Supplier Evaluation & Improvement
  • Supplier Integration
  • Strategy and roadmap
  • Negotiation & contract finalization
  • Supplier Identification
  • Spend Analysis
  • Order fulfillment
  • Regular monitoring

Prosper Tech-Soft helps its clients achieve high performance and enhance shareholder value by generating new revenue streams and cutting operating expenses.

We help clients across the enterprise make sustainable improvements with our valuable sourcing and procurement services.