Smart Consulting Sourcing

Always ask the 4R's of references from the potential consultants to ensure that the short-listed firms have the expertise they claim to have. You can leverage the service of a third-party provider like Consulting Quest to check the reference for your consulting project. 

Today, procurement is a truly dynamic field. Did you know that Cloud Technology, Cognitive Procurement, Blockchain, and a slew of other new digital developments are altering the way we think about procurement and how it's organized and carried out?

We'll take a look at a few hot new trends and examine how they're shaping procurement today. Also, try to predict where they'll lead us in the future.

Consulting is a vast discipline. Its very nature makes it difficult to generalize it completely. When it comes to consulting spends, just like other intangible service categories, there should be tight control in the decision-making for the sourcing process as well as for the procurement, which is supposed to facilitate the process and ensure compliance.

Collaboration between operational entities and procurement is essential to ensure positive impact and savings.

On this week's podcast. I'll be talking about internal consultants. A team of internal consultants makes up an excellence group within an organization and plays a crucial role in the success of any project. The question how to use the best strategy and methods to be able to optimize this team's potential.

There are many reasons why consulting projects fail. And, while you can’t always blame the Consulting Firm for everything that goes wrong, there’s no denying that they’re part of the problem.

We’ve covered the safe techniques to derail a consulting project in this post (and a little of levity).

In this week’s podcast, I want to talk about how not to fail on a consulting project.

What to do when you have just one week left to negotiate and you (procurement) were not involved in any previous steps of the consulting process. Talking about the part where there is so little time and you need hard-core cost-cutting in the project agreement!

#consulting #procurement #negotiations