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Consulting Procurement State of the Market
Datamonitor, June 2010, Pages: 25
The last twenty-five years have seen a huge increase in the use of 3rd party management consultants. This report provides analysis of Orbys’ recent survey into enterprises’ procurement of use of these 3rd party consultants, providing a “health check” on the state of the market.
Scope
- Based on a survey of chief procurement officers, market segment managers, as well as senior financial and project managers in 250 organizations.
- Survey questions were derived from Orbys’ Five Level Maturity Assessment Model, used to evaluate an organization’s procurement effectiveness.
Highlights of this title
For many organizations, annual spend on third-party management consultants is now a very significant visible (and until recently growing) proportion of their turnover, overall people costs and/or procured indirect/non-inventory-based goods and services.
Our survey indicated that, while there were some organizations that managed their spend well, there were a lot more where the approaches and practices in this market sector were variable, inconsistent and fragmented.
Key reasons to purchase this title
- Provides a method of benchmarking your organization's procurement policies and performance against other peers and competitors.
- Highlights areas where procurement processes should be improved, identifying best and common market practice.
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