Budget Source is a one of the leading Procurement Service Providers . We supplement and improve client resources with professional services which include, market research, strategic sourcing, Global Sourcing, Talent management, benchmarking, vendor management and spend management. Our
Procurement outsourcing is the transfer of specified key procurement activities relating to sourcing and supplier management to a third party — perhaps to reduce overall costs or maybe to tighten the company’s focus on its core competencies. Procurement categorization and vendor management of indirect materials and services (commonly referred to as Indirect procurement) are typically the most popular outsourced activity.
As one of the leading outsourcing companies in South Florida, we have helped so many businesses reach their goals, increase productivity and maximize profits.
Procurement Service Providers usually split procurement activities into two parts:
- Direct procurement. Direct categories are all goods purchased by the company which directly enter into the production process of that company. For the food industry as an example, ingredients and packaging will be the key direct procurement categories.
- Indirect Procurement. Indirect categories are all the goods and services that are bought by the company to enable its activity. This entails a wide scope, including marketing related services (media buying, agencies), IT related services (hardware, software), HR related services (recruitment agencies, training), facilities management and office services (Telecoms, furniture, cleaning, catering, printers), or utilities (gas, electricity, water)…etc.
If you thin about it , outsource many of our functions to a specialized company . a construction company builds our house, a freight forwarder handles our cargo and an accountant handles our books.
Services of Procurement Service Providers
- Receivables Management
- Talent Management
- This Party Logistics
- Vendor Management
- Global Sourcing
I have always received good service from the Budget Source. When it was time to use a procurement service provider, Budget Source delivered the optimal solutions and reduced my cost and increased me revenue. Timing and quality have always met my expectations and everything is communicated in a professional and timely manner. We consider Budget Source a partner who has proven to […]
I have been doing business with Budget Source for more than 5 years and they have delivered top quality service to all my clients. All of our contact is handled in a very professional manner. One of the things we enjoy most about using Budget Source as a service provider is that we receive better service than we could imagine. We look […]
What distinguishes Budget Source from other outsourcing Agencies is that the service they provide to a client is of such high quality that the client feels as if s/he is their only client.