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Webinar: Procurement Outsourcing of Indirect Materials

June 10 Phillip Slater

Do you know the characteristics that differentiate direct and indirect procurement?

Direct procurement is characterized by high volumes, regular purchases, and a small number of suppliers.

Indirect procurement, and MRO in particular, is characterized by low volumes, irregular purchases, a large number of different items, and a large number of suppliers.

These key differences mean that the cost of managing indirect procurement can be 4X the cost of direct procurement. As a result many companies fall into what I call the MRO complexity trap.

To avoid this trap companies need to consider a different model for managing their MRO procurement.

This is the basis of a recent webinar covering procurement outsourcing of indirect materials and specifically addressing the various pros and cons.

The key take-aways are:

  • The key differences between indirect and direct procurement
  • The unique management cost profile of each type
  • The MRO procurement complexity trap
  • The pros and cons of procurement outsourcing
  • The results of a success story

The webinar is presented by Phillip Slater, Founder of SparePartsKnowHow.com and Turgay Temur, Global Business Development for the V-LINE Group.

To accompany the webinar we have created an associated white paper. This covers all the issues discussed and provides a handy reference.

Here is a link to download the associated white paper.
 


For complimentary access to this webinar and our entire community level content, register using the button below. We will also keep you up-to-date on further content and courses.
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You might also be interested in this white paper: Procurement Outsourcing for MRO and Indirect Materials


 
 

Filed Under: Spare Parts Alliance, Video Tagged With: mro, procurement

Register for FREE Base Level Access

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Online Resources, Training, and Support


SparePartsKnowHow.com: The most comprehensive online resource dedicated to spare parts inventory management. Visit the  Welcome page to read more >>> spare parts alliance

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