siliconindia | | September 20174 siliconindia Vol 01 · Issue 9 · September, 2017 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Special Editor Deepshikha Singh Editorial Team Ananth .V Anurag Bhol Karthik Muralidhar Kavya J Bhat Nelson Devasia Shefali Mathur Sujith Vasudevan Susila Govindaraju Trisha Pragya Sales & Marketing Advertising queries Editorial queries editor@siliconindia.com To subscribe Visit www.siliconindia.com/magazine-in or send email to subscription@siliconindia.com Cover price is Rs.150 per issue.Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murigheshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2017 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.comTel: 080-46441103 Sr. Visualiser Maitreyee Visualisers S Sivasankar Mohana KrishnanGroup Art DirectorAshok KumarCirculation Manager Magendran Perumal Ronit KumarThe need for businesses to maintain and reduce costs without eliminating resources in on rise, thanks to the every growing fierce competition in the market that gives you no chance to sit and relax. Maintaining domain expertise in every category of spend is really a costly affair for any organization. Hence, the demand for procurement service providers has augmented in the recent times to avoid the burden of procurement infrastructure for non-strategic categories. On the other hand, finding and qualifying suppliers that meet your standards and requirements are also a herculean task, while maintaining them is another big story. Though procurement service providers play an eminent role in curbing these issues, it is imperative that they function beyond managing cost and seek to develop supply chains that create and sustain economic and social value. Globalization, being the next chapter in procurement sourcing, will force procurement service providers to establish international base to enable its customers get better bargains without compromising on the quality of the supplies. But if the responsibility vests within an organization's procurement manager, it will require him to constantly up-skill himself to help his organizations adapt to the complex challenges of managing the global supply base. Hence, organizations are turning towards the best procurement brains that go above and beyond the ordinary and act like the internal procurement team of the company to get the required resources at an affordable price tag, and within the timeframe. Understanding the plight of the industry, siliconindia brings to you `10 Most Promising Procurement Consultants - 2017' who sits on the cutting-edge technologies and skills to offer insightful procurement services to their customers. From understanding expenditure, developing the most effective category strategy, driving the lowest total costs of ownership through on going compliance to cost and supplier performance improvements, these procurement consultants have handy solutions for everything you need under `procurement'. Hope the list suffices its purpose of creation. Do let us know what you think!Anamika SahuManaging Editoreditor@siliconindia.comEditorialProcurement is moving beyond the Traditional Forms siliconindia | | August 20162
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