What our Clients Are Saying
Lyn Pope, Lab Manager at Assured Bio Labs, Oak Ridge, TN had this to say about LPS:
“The concept of Lab Procurement Services is ideal for small to mid-sized businesses which, more times than not, do not have a dedicated buyer. The ability to take advantage of their professional, industry experienced staff has proven to be invaluable. It not only allows more time in the laboratory, but also reduces the bottom line. Lab Procurement Services has truly changed the dynamics of managing our lab.”
Business Process Outsourcing - What the Experts are Saying
Mr. Paul McMinn, President/CEO of the Isothermal Group in Lab Manager Magazine, March 2014 article titled Strategic Sourcing states:
"Corporate downsizing has taken a toll in many organizations, especially in areas such as procurement, regarded historically as a cost center. With continued economic uncertainty and instability, companies are continually looking for ways to add to growth and contain costs to sustain growth. (This article can be downloaded in our Links section at the top right of this page.)
PWC International in their publication - "Supplier Relationship Management - How key suppliers drive your company's competitive advantage"state: "Companies are now aware that they must integrate and collaborate with suppliers to remain competitive and take the next step towards procurement excellence." Supplier management is not a new topic, but it has always been the 'stepchild' of the procurement functions.
Download the entire article by clicking here.
The main reason that the field of procurement outsourcing has begun to expand rapidly in recent years is its ability to generate hard dollar cost reduction savings. As procurement outsourcing has continued to mature, cost reduction has increased and continues to be the main reason why companies continue to outsource all, or part, of their procurement.
Take the first step towards procurement excellence - check out our video!