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DRILL Procurement Outsourcing offers purchasing and procurement services to help you cut down or eliminates costs related to running your own procurement department. DRILL Procurement Outsourcing also enables you to reduce expenses on externally bought products and services by some 20%. Because DRILL provides strategic purchasing for many customers simultaneously, we have in-depth knowledge of various expense categories of products and services and can help you achieve significant savings.

We have access to a large portfolio of suppliers and knowledge of their individual advantages. This allows us to consistently achieve the best price and contract conditions for you.

Outsourcing strategic purchases also makes tenders and purchasing processes more transparent and eliminates the risk of unethical conduct, namely bribery and corrupt behaviour on the part of employees or suppliers.

It also eliminates the cost of internal audits and controls in this area. Another major advantage of employing external specialists is that they are indifferent to your company’s internal environment.

This also reduces the cost of related activities such as legal advisory services, logistics, stock management, etc.

For most companies, having large departments for strategic purchasing is simply inefficient. We are able to provide these same services for all your requirements related to the procurement of products and services.

DRILL Procurement Outsourcing provides these services:

• Regular market research, comparing current suppliers with competitors, as well as benchmarking and proposals for the most convenient options of cooperation.
• Management of current suppliers and creating partnerships with new ones.
• Formulation and evaluation of business cases for projects and investment activities.
• Managing tenders, both classical and electronic, by identifying requirements, targets and potential business partners. Appointing a selection committee consisting of representatives from your company to work with procurement specialists from DRILL.
• Formulating evaluation criteria for potential business partners (e.g. their position on the market, quality of their products and services, price, payment conditions, delivery periods, warranty and after warranty service, reference, etc.)
• Approaching potential business partners and getting additional information from potential suppliers applying for tenders. Offering an evaluation and selection of contractors or partners.
• Organization of on-line auctions.
• Contract negotiations with partners.
• Preparing contacts and consulting with legal, financial and other responsible departments in your company.
• Processing suggestions from particular departments into contract proposals.
• Ensuring translation of contracts into foreign languages.
• Signing non-disclosure agreements with business partners, if requested because of trade secrets.
• Maintaining records of all valid contracts and storing all documents related to the tender and contract proposals.
• Distribution of original and copied signed contracts.
• Monitoring and extending contracts. Informing relevant departments about the contract termination.
• Monitoring new trends in the field of procurement and proposing and implementing new processes and technologies to reduce costs.