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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: Shared Services).

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Related concepts

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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Collaborative Planning, Forecasting and Replenishment (CPFR)

The CPFR reference model provides a general framework for the collaborative aspects of the planning, forecasting and replenishment processes (Wiehenbrauk, 2010)

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Collaborative Relationships in Procurement

In the age of globalisation, where business is conducted across borders, cultures and sectors, effective collaboration can help companies to make the most of...

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