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Let’s Connect: Your Path to Higher Procurement Savings Begins Here
At EmpoweringCPO, we offer a wide range of procurement services to help businesses optimize their spending and improve their bottom line. Our services include spend analysis, strategic sourcing, and procurement dashboard and tool development. With years of experience and a proven track record of success, we have become a trusted partner for businesses looking to streamline their procurement process and achieve better results.
Our team consists of experienced procurement professionals who have worked with businesses of all sizes and across a variety of industries. We bring a wealth of knowledge and expertise to every project, and are committed to providing exceptional service and support to our clients.
We offer a range of procurement services that are designed to meet the unique needs of our clients. Our services include:
“EmpoweringCPO helped us identify significant cost savings opportunities that we wouldn’t have found on our own. Their team was professional, knowledgeable, and easy to work with. We highly recommend them.” – David Smith, CPO of a Fortune 500 Company
As a leader in procurement services, we have valuable insights into the procurement industry. Our team regularly shares insights, trends, and best practices that can help businesses improve their procurement processes and achieve better results. Visit our blog and procurement report section to learn more.
Ready to take your procurement process to the next level? Contact us today to learn more about our services and how we can help your business achieve better results. You can reach us at +91-9879564584 or Sales@EmpoweringCPO.com. We have office locations in India, USA and UAE, and you can also visit our website for more information.
Let’s Connect: Your Path to Higher Procurement Savings Begins Here
At EmpoweringCPO, we offer a wide range of procurement services to help businesses optimize their spending and improve their bottom line. Our services include spend analysis, strategic sourcing, and procurement dashboard and tool development. With years of experience and a proven track record of success, we have become a trusted partner for businesses looking to streamline their procurement process and achieve better results.
Our team consists of experienced procurement professionals who have worked with businesses of all sizes and across a variety of industries. We bring a wealth of knowledge and expertise to every project, and are committed to providing exceptional service and support to our clients.
We offer a range of procurement services that are designed to meet the unique needs of our clients. Our services include:
“EmpoweringCPO helped us identify significant cost savings opportunities that we wouldn’t have found on our own. Their team was professional, knowledgeable, and easy to work with. We highly recommend them.” – David Smith, CPO of a Fortune 500 Company
As a leader in procurement services, we have valuable insights into the procurement industry. Our team regularly shares insights, trends, and best practices that can help businesses improve their procurement processes and achieve better results. Visit our blog and procurement report section to learn more.
Ready to take your procurement process to the next level? Contact us today to learn more about our services and how we can help your business achieve better results. You can reach us at +91-987-956-4584 or Sales@EmpoweringCPO.com. We have office locations in India, USA and UAE, and you can also visit our website for more information.
Compliance management is very critical as otherwise the procurement organization may run into a scenario where there is a huge gap between realized savings and reported savings. Many procurement functions estimate large savings numbers when contracts are signed. They also invest significant time and effort in negotiating contracts for necessary goods and services, only to have a third or more of their purchasing dollars flow outside those deals. Some of the obvious fall-outs of non-compliance and maverick purchases are:
As compared to the current contract that was finalized after the sourcing process, the tool helps in tracking:
The objective of this tool is to ensure that the orders are placed only with the vendors that were shortlisted after the sourcing process and at the same price that was agreed upon and negotiated during and after the strategic sourcing process.
