The Value Of Outsourcing Procurement Services | Kronos Group

The procurement function and supply chain of a company is particularly vulnerable, as was witnessed during the global healthcare crisis that led to devastating breakdowns in global supply chain processes.

Because the function often includes external stakeholders as well as internal teams, a company must pay much closer attention to how security and quality are retained, the efficiency with which resources are allocated, and the timeliness and responsiveness of each step in the chain.