Procurement Services Provider (PSP)

Procurement Services Provider (PSP)

 

 

Procurement Services Provider (PSP)

 

Meaning of Procurement Services Provider (PSP)

Procurement Services Provider (PSP): A services firm that integrates procurement technologies with product, sourcing, and supply management expertise, to provide outsourced procurement solutions. A PSP serves as an extension of an organization's existing procurement infrastructure, managing the processes and spending categories and procurement processes that the organization feels it has opportunities for improvement but lacks the internal expertise to manage effectively.

 

Source: https://cscmp.org/sites/default/files/user_uploads/resources/downloads/glossary-2013.pdf

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Procurement Services Provider (PSP)

 

Procurement Services Provider (PSP)

 

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Procurement Services Provider (PSP)

 

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Procurement Services Provider (PSP)