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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).

Information about Shared Services in Procurement and Supply Chain Management

Shared services is a model for the organisation and delivery of operations. The concept of shared services was developed in the 1980s as organisations were looking for new ways to increase their effectiveness. The driving forces behind the popularity of shared services were some major management concerns caused by productivity, reengineering, globalisation, service and technology issues. The companies were required to produce more at lower costs and by using fewer resources (Ulrich, 1995).

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