Webinar: Procurement Outsourcing of Indirect Materials

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.

The white paper is complimentary for our Pro Level.

Here is a link: Procurement Outsourcing of Indirect Materials white paper.
 

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