Home

Procurement Outsourcing Reduces Costs

Corbus has successfully executed Procurement Outsourcing (PO) contracts exceeding $100M, managing millions of dollars of spend. Corbus provides value to companies by delivering substantial improvements in direct and indirect procurement costs.

Corbus provides solutions aimed at increasing spend under management to positively impact the overall enterprise.

The key performance indicators are typically recognized as follows:

  • Increase in cost savings
  • Uplift in financial performances, earnings per share and operating profit

The key enablers for effective procurement outsourcing include:

  • Seasoned procurement professionals influencing spend
  • Implemented procurement policies, procedures and processes for Source to Pay (S2P)
  • Procurement technology and tools
  • Spend that is visible and integrated into savings strategies linked to improvements in financial performance
  • Procurement relationships and integration into BU/PL’s and best practices

A leading Pharmaceutical Client validated the effectiveness of Corbus’ flexible procurement outsourcing capabilities by commenting, “The data looks good… Thank you for your help... I will continue to see Corbus as a resource for assisting with supporting Europe's data needs… Good work!”

“Your team has done an excellent job helping us identify and classify the 'odds and ends' of our LSS purchases… We have been very impressed with your work,” according to a Fortune 50 Aerospace Industry Client.

Corbus has been a BPO outsourcing leader since 1994. Its extensive capabilities and proven expertise in providing complete end to end outsourcing services have resulted in head count shifts, sourcing cost reduction and reliable compliance for clients throughout the world.