Outsource your IPOs to Dragon Sourcing to benefit from immediate value, global capability and scale.
Reduce overheads & operational risk
High operating costs, staff attrition and corruption are the main challenges to the effectiveness of small International Procurement Offices (IPOs) below 10 staff. Through outsourcing your IPO to Dragon Sourcing you can immediately reduce your overheads, reduce staffing risk, and the risk of corruption, whilst gaining access to the Dragon Sourcing’s scale.
We optimise your purchase
Increase productivity and capabilities
For any IPO, capability to execute process productively is key to effectively sourcing goods and services. Within a small IPO developing and retaining the scope of category expertise and consistently following rigorous processes is a challenge. Procurement Outsourcing with Dragon Sourcing gives you access to a wider category expertise and strong process capabilities.
Flexible global network of operations
A typical risk for internal IPOs is limiting the sourcing to the country where the IPO is based instead of conducting true global sourcing. As countries’ relative competitive advantages shift rapidly this leads directly to reduced competitive advantage. Through Procurement Outsourcing you gain access to a flexible global network of operations that is experienced in conducting regional and global sourcing operations.
- Rapidly scaling global sourcing capability
- Rescuing failing procurement operations
- Managing procurement operations for localisation requirements
Assisting in the identification of cost-cutting opportunities
Procurement outsourcing with Dragon Sourcing can help you cut unnecessary expenses by centralizing and streamlining spending. Our team will look at your organization as a whole and purchase the goods and services that you need on a budget.
Ease the process of finding top-quality suppliers
An important part of optimizing costs is partnering with high-quality suppliers who will provide goods and services at your desired budget. Our procurement specialists can help with sourcing the right suppliers and also take care of the onboarding process. With these suppliers, you can potentially save a lot of money as we will assist you in working out better bulk purchasing rates.
Working with high-quality suppliers will also impact other areas, such as boosting diversity spend and improving corporate sustainability. All of these areas eventually result in improved employee and customer experience, and therefore, better ROI.
Dragon Sourcing’s procurement outsourcing team can take the search for suppliers off your plate. We can help you find suppliers that align perfectly with your business goals and values.
Procurement Outsourcing Benefits Checklist
To sum up, outsourcing procurement is going to help your company achieve the following advantages:
- Reduce the cost of goods and decrease overhead costs
- Focus on core competencies for facilitating greater market share
- Enhance the process of executing orders
- Reduce supplier base
- Boost the long-term stability and sustainability of your procurement functions
- Reduce the demand for cyclical staffing
- Opportunity to off-load the tedious and time-consuming tasks to a team of specialists with the appropriate technologies, expertise, and experience
Your organization can enjoy all of these benefits and more by joining hands with us.
Start optimizing your procurement costs with Dragon Sourcing
Through procurement outsourcing, you can streamline your business operations and considerably free up time for your employees. We can also help you gain direct cost savings and facilitate more effective use of your current budget. By leveraging our domain expertise, you can enhance your bottom line.
To fully benefit from our procurement capabilities, make sure that you know the segments in procurement that you wish to improve. We can also provide end-to-end outsourcing if you are planning to completely outsource the procurement process.
For more information regarding procurement outsourcing with Dragon Sourcing, do not hesitate to connect with us. Our team is here to take your organization to the next level.
Frequently Asked Questions
Below are answers to the most frequently asked questions. Please feel free to contact us. Use our contact form or arrange a callback with a consultant.
What kind of products & services do you source?
We can source any product or service from commodity to customised. Check our Category Expertise section to see the range.
What kind of businesses do you work with?
We work with small to multi-national companies that are looking to procure goods and services from emerging markets for export or to support their local operations.
Do you have preferred relationships with suppliers?
We are supplier independent, we never take commissions from suppliers, and we conduct our procurement on an objective and documented basis.
How long does it take to quantify the potential value opportunity?
From initial brief to quantifying the potential value opportunity, takes between a few days for categories we know well to 2 months for new categories.
How long does it take to fully qualify a new supplier?
To qualify a new supplier that has been identified as offering potential value, takes between a few weeks for simple off-the-shelf products to several months for complex custom engineered products.