Services, components, and raw materials represent the flesh and blood of a manufacturing business. As product lifecycles shorten and supply markets increase in speed and complexity, the importance of a leading edge direct procurement organization continues to grow. The rise of the Chief Procurement Officer (CPO) and the increased investment in procurement technology and process efficiency now mandate that organizations ensure that the spend for all raw materials and components is managed effectively.
Jabil has more than 50 years of experience in procurement innovation and leadership, and we are now putting this core competency in your hands with our Procurement Services. Our portfolio consists of four solutions: Procurement Strategy & Vision, Procurement Sourcing & Negotiation, Procurement Operations and Business Process Outsourcing. Jabil’s Procurement Services represent a one-stop shop able to handle all of your procurement needs, either working in collaboration with your team or operating as an outsourcing partner. Jabil delivers real-world expertise and intelligent technology that yields real-world results — not just academic advice.
Jabil’s existence, and livelihood as a company, is built upon its laser-like focus on managing 150 specific product categories. More than 500 Jabil procurement experts and commodity managers are dedicated to tightly managing each one of these product categories. Strong relationships with over 27,000 suppliers, advanced commodity strategies and a $15 billion global spend help improve the cost leadership positions of Jabil's Procurement Services customers.
Jabil has over 100 strategically placed global sourcing and purchasing locations across 26 countries that house our global commodity management and supplier relationship management teams. It's in these locations that our over 2000 procurement specialists manage the end-to-end procurement lifecycle for hundreds of the world's most influential brands. This regionalized expertise, and our close-knit supplier relationships, provide efficient operations at a fraction of the cost—with on-time delivery. Now, this same robust, global, and scalable infrastructure can be put to work for your business.
Jabil’s Procurement Services are driven by an intelligent, always-on technology: Jabil’s Procurement Intelligence Platform (PIP). This highly intelligent ecosystem connected platform, with advanced analytics, identifies new opportunities and strategies never before possible. PIP is designed to arm Jabil's procurement specialists with unparalleled visibility into real-time market intelligence and supply trends. The PIP platform represents a new generation of procurement intelligence that provides fast, high quality decision support and planning.
In today’s fast-moving procurement environment, businesses need a plan. Procurement Strategy & Vision functions as an advisory service spanning assessment, strategic sourcing strategy, program design, and operations. It delivers a comprehensive strategy using Jabil global procurement experts to understand the people, process, and technology challenges, that your company is facing. In collaboration with suppliers and internal stakeholders, Jabil delivers cost leadership improvement and accelerated outcomes by developing the methods and means to gain sustainable, continuously improving results.
Building and maintaining a procurement organization that excels in cost leadership is no easy task, requiring enormous investments in talent, technology and processes. Working with you, Jabil's sourcing teams bring deep functional expertise, advanced analytics, and proven methodologies to deliver tangible cost savings. Jabil experts take on the tasks of opportunity assessment, planning, and negotiation. Jabil has the procurement personnel, advanced technology, and real-time ecosystem data to propel your organization towards a cost leadership position.
Business is all about operational excellence. Let Jabil's unique expertise help you increase efficiency and reduce costs by standardizing processes and applying automation of key transactional procedures that follow negotiated contract policies. The service gives organizations the choice to move some or all of their procurement execution tasks associated with supplier transactions. Placing these activities in Jabil’s hands relieves companies from the expense and effort required to conduct their own procurement operations activities. It also frees organizations from the routine task of managing commodity components, allowing teams to focus on high-value parts.
The Business Process Outsourcing (BPO) service allows you to offload your procurement operations to Jabil so you can focus on what you do best: innovation. Jabil's BPO service seamlessly infuses into your organization, bringing to bear all of Jabil's procurement expertise and technology. Companies have a choice to transfer all their procurement processes and staff to Jabil or can partner on specific projects—relieving purchasing headaches and realizing dramatic improvements in pricing and efficiency.
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