MANAGED
SERVICES
Turn on specialist procurement support
LEVERAGING EXPERTISE TO GAIN COMPETITIVE ADVANTAGE AND CONTROL COSTS
In today’s dynamic business environment, effective procurement functions must excel in various areas. Chief Procurement Officers (CPOs) encounter numerous challenges in ensuring their operations consistently deliver excellent outcomes amidst evolving complexities. These challenges may stem from local skill shortages, restrictions on Full-Time Equivalent (FTE) positions, or not being able to attract top talent to their organization. Such gaps result in missed opportunities for value creation. Many organizations are now adopting a “best of breed” hybrid approach by engaging external partners to manage certain aspects of their operations, thereby optimizing resourcing and service delivery.
"PLACING THE RIGHT INDIVIDUALS AT THE HEART OF YOUR OPERATIONAL FRAMEWORK IS CRUCIAL. YET, ENHANCING THEIR CAPABILITIES BY TAPPING INTO RELEVANT THIRD-PARTY RESOURCES FOR FLEXIBILITY AND EXPERTISE IS EQUALLY ESSENTIAL."
ADOPTING A CUSTOMER-CENTRIC APPROACH TO DRIVE VALUE
Could Chief Procurement Officers (CPOs) benefit from reducing their workload? Perhaps, but it’s essential to recognize that procurement functions are often evaluated not only on their strengths but also on their weaknesses. Reputation plays a crucial role, and the ability to offer a comprehensive, high-quality service is where most teams excel. However, when there’s a lack of focus and value left untapped, Managed Services present an opportunity to fill those gaps and deliver tangible results, tied to performance incentives. This approach can be particularly valuable when CPOs are seeking to enhance their internal teams, establish a new procurement function, or rapidly develop new capabilities.
- Immediate access to leading capability, accelerating Procurement’s impact
- Insights from an extensive client network (spending $billions annually)
- The ability to concentrate internal resources where they add most value
- Incentivized delivery, linking procurement success to outcomes
KSHARILTD'S MANAGED SERVICES APPROACH
At Kshariltd, we take on the responsibility for managing a range of procurement activities and goals, delivering them as a service with well-defined outcomes and performance metrics. This allows you to focus on your core business functions while partnering with procurement experts in various fields. Our approach includes:
- Simple agreement of managed scope, targets, and incentive models
- Deployment of an onsite team, with flexible operational and specialist support
- Flexing of capabilities to address different challenges in categories or skills
- Dynamic service management, technology, and governance tools
LET’S TALK.
If you are looking to drive purposeful and profitable change, get in touch.