Role of Offshoring in Procurement Outsourcing

The value proposition of PO has been around spend-related savings and not labor arbitrage. Consequently, the degree of offshoring in PO contracts is only around 20% - less than a third of the typical offshore component in other BPOs like Finance & Accounting Outsourcing (FAO). However, significant opportunities for value creation through offshoring exist in the Procure-to-Pay (P2P) space and analytics. Leading PO suppliers are now optimizing their location strategy by evaluating onshore, near-shore, and offshore destinations. This one-hour complimentary webinar draws on Everest Research Institute’s latest study titled “Offshoring in PO” on how global sourcing is beginning to play a vital role in creating a stronger business case for outsourcing procurement.

You will learn the following:

• Value proposition of offshoring in PO
• Key barriers and drivers to offshoring 
• Offshore supplier and location landscape 
• Implications for buyers and suppliers of PO services
  

Presenters

Katrina Menzigian - Vice President, Everest Research Institute

Saurabh Gupta - Research Director, Everest Research Institute 

Webinar recording

Click here to view a recording of this webinar. 

 

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