In some cases consolidating vendors makes sense!
Today’s post is by Ryan Melowic; Assistant Vice President of COE at SafeSourcing.
Why the Hired Service Category is a great choice when executing eProcurement events
When attempting to reduce cost at your company, please take ample time to investigate hired services. Typically, SafeSourcing sees above 20% savings on Hired Services that are taken to market. The key to hired service projects is to have a thorough understanding what it is your company requires from the service providers.
Category research must be completed to determine the scope of the current work, frequencies of the work, cost per unit for the work and locations where the work will be performed. Terms and conditions will need to be identified to inform the service providers of contractual expectations.
Depending on your companies geographical location (s) service providers will need to be researched on a National, regional and local level. In some cases consolidating vendors makes sense. In other cases with geographic outliers require regional and local vendors.
For more information on how SafeSourcing can help you with your hired service procurement needs or on our “Risk Free” trial program, please contact a SafeSourcing Customer Service Representative. We look forward to your comments.