- Reduce Overheads & Operations Risk
High operating costs, staff attrition and corruption are the main challenges to the effectiveness of small International Procurement Offices (IPOs) below 10 staff members. Through outsourcing your IPO to Cosmo World Export you can immediately reduce your overheads, reduce staffing risk, and the risk of corruption while gaining access to the Cosmo’s Sourcing network and expertise.
- Increase Productivity & 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 Cosmo gives you access to a wider category of expertise and strong process capabilities.
- Flexible Global Network of Operations
A typical mistake 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.