Procurement process outsourcing

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Smart supply procurement

Working together on world-scale supply leads to unparalleled success, making it a great choice for businesses looking to cut expenses and maximise time and rentability.

Global supply sourcing

Procurement Outsourcing

ET & ED procurement process outsourcing services assist your firm in saving time and money by streamlining the product acquisition process, eliminating the headache of procurement.

We can meet any business demand with this system. We can provide our clients with volume supply agreements and excellent supplier ties with numerous major product distributors in the United States, China, and Europe. Our providers can meet logistical requirements, food and beverage requirements, engineering procurement, and more. We can also source you any goods; challenge us, and you will see the benefit of our broad network.

All of our customers are aware of our product margins and procurement efforts, and we are pleased to be product neutral. We give proactive product recommendations based on your company’s unique requirements and budget. Proposal requests are handled through the strategic sourcing of a wide range of products and services. Finally, we verify that every vendor we work with has specialist knowledge.

Monthly/yearly procurement Contract

Simplify procurement management with ET & ED. We execute procurement plans, track progress and meet KPIs. We streamline procurement by consolidating requirements and determining procurement timeframes. Choose monthly/yearly contracts. Effective Procurement Planning: Our process streamlines requirements and schedules procurement for timely delivery. Benefits include documented processes, consolidated contracts, cost savings, and efficient contract closing. In addition, our process for selecting and finding a supplier includes the following:
  • Defining terms.
  • Outlining the type of agreement.
  • Identifying and mitigating risks.
  • Defining costs.
  • Identifying constraints.
  • Getting the contract approved.

Trust ET & ED to make procurement straightforward.
Start a monthly/yearly contract today.

Indirect Procurement

Indirect procurement is to manage and optimise the Purchasing items for day-to-day operations, such as office supplies and travel expenses, which is an example of indirect procurement. It accounts for only 15-30% of a company’s spending but is growing in importance.

Purchases are being consolidated. By reducing ad hoc spending, indirect procurement well processes increase revenue. Our experts will assist you in identifying anomalous or unaccounted-for spending and allow you to make necessary changes.

Purchases are being consolidated. By reducing ad hoc spending, indirect procurement well processes increase revenue and maximize savings while ensuring that the right products and services are acquired cost-effectively. Our experts will assist you in identifying anomalous or unaccounted-for spending and allow you to make necessary changes to optimize the total spending and achieve maximum value for your business.

Working on ET & ED is more than just saving money; it is also about preventing overspending, increasing visibility and control, improving facilities management, and better-managing suppliers.

Distributor of products

We are still looking at the best brands and valuable products in our network and constantly search for potential gems with our boots on the ground in many countries. We are working on a service distribution of products that includes Engineering parts, tools, consumables, and F&B products. We are actively challenging ourselves to create extensive partnerships and agreements to ensure fast and timely delivery of these services, which will be available soon.

Sourcing Steps in Procurement

Procurement is essential for any business that requires acquiring goods and services from external sources. A well-planned and executed procurement process is vital for ensuring the quality, price, and delivery of goods and services meet the company’s needs. Sourcing is one of the key steps in the procurement process and plays a crucial role in the success of overall supply chain management.

These steps below are crucial in ensuring that the right goods and services are procured at the right price and quality. This step can be apply in procurement process outsourcing to make sure we got the best result and avoid costly mistake. 

 

Identifying Requirements

The first step in the sourcing process is to understand the company's needs and identify the goods and services required.

Market Research

Involves researching the market to identify potential suppliers and their offerings. This helps to narrow down the options and choose the best-fit supplier.

Supplier Evaluation

Evaluating potential suppliers based on quality, price, delivery time, and past performance. Help to ensure that the selected supplier meets all of your needs.

Negotiating

The next step is to negotiate prices and terms with the chosen supplier. This involves discussing the delivery schedule, payment terms, and other important details.

Market Research

Involves researching the market to identify potential suppliers and their offerings. This helps to narrow down the options and choose the best-fit supplier.

the sourcing steps in procurement are critical in ensuring the success of the overall procurement process outsourcing. These steps help to find the right suppliers, negotiate the best terms, and secure the right goods and services for the business.

Our Network

ET & ED primarily provides bespoke sourcing and procurement services from the following areas:
Singapore

Singapore

USA

USA

Europe

Europe

China

China

Testimonials

Sweet Reviews From Our Clients

Some love from clients who get value and benefits from ET & ED Business procurement outsourcing service.

Engaged Et & Ed to source and supply us several equipment to be used in our logistic warehouse. Their strong engineering knowledge provided us the best solution for our equipment issues. Dedicated, understanding and excellent customer service.

Rick Ng Logistic Manager

We have been looking to replace a faulty component in our Europe brand machine. Order of component was made locally but delivery date had been delayed for many months.

Approached Et&Ed to source and supply new component. The whole process took 2 weeks. Machine is now repaired and running well. .

Thank you so much to Et&Ed for helping company to solve our problems
- Printing and Packaging Industry in Thailand

Sorrawut (Service Engineer)

Supply & procurement FAQ

Answering all you need to know about business procurement outsourcing and our other services.
Indirect procurement, also known as indirect spending, is the purchase of goods and services, supplies and materials required for a business's day-to-day operation, such as computers, hardware, software, maintenance, utilities, and travel. Despite the importance of this spending category for routine operations, it is frequently overlooked because procurement teams are focused on direct procurement.
global-supply-procurrent-singapore
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