Shared Services


Shared services is the provision of a service by one part of an organization or group where that service had previously been found in more than one part of the organization or group. Thus the funding and resourcing of the service is shared and the providing department effectively becomes an internal service provider. The key here is the idea of 'sharing' within an organization or group.

Key Procurement Topics

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Related concepts

Shared Services in Procurement and Supply Chain Management

Shared services provide an opportunity to reduce waste and increase efficiency through reorganising resources and sharing investments between business units (CIPS:...

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Shared Services

Shared Services as a business model began to appear in the mid 1980’s as organisations strived to increase efficiency, by trying to reduce administrative costs while enhancing their...

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