Strategic Procurement Name of the University Author's Name

Discussion 2.1 Outsourcing Process in Strategic Procurement Procurement outsourcing is the significant transferring of specific procurement based activities, associated to supplier management and sourcing to any third party for the core purpose of reduction of the total costs or might tighten the organizational focus on the core competencies (Mburu 2017). This type of outsourcing process is a major solution for the respective organizations, which do not comprise of any internal competencies, however wants to gain maximum advantage from the procurement actions, such as contract management, suppliers and cost reduction (Ram