Wednesday, August 26th 2020

This week in
Consulting

How to optimize your sourcing process?

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This week’s must read

 

Understanding spending, setting savings goals or managing sourcing are the challenges facing procurement in 2020.​

This Week’s Must Read is an insight piece from The Hackett Group on how procurement teams can reduce enterprise costs.

The Hackett Group Inc

Thought Leadership

 

Once shortages are identified , well-managed supply chain system is a vital weapon in the war against the coronavirus (and future pandemics, as well)

Ricardo Ernst and Jerry Haar for The Hill

 

Interesting article on practices that flows throughout the supply chain, or, as we prefer to call it, the supply network.

Verónica H. Villena and Dennis A. Gioia for HBR

 

There are many new digital procurement solutions out there. This article by Spendesk present 9 new tools to investigate. How do you make sense of all this information, and what is your process to decide which solution is right for our needs?

Patrick Whatman @Spendesk

 

According to CIPS, the 5 skills that CPOs look for in a new procurement employee include quantitative skills and sourcing competencies. But what about interpersonal skills? Don’t you think it is equally important to be able to develop the relationship with noth internal clients and suppliers?

@Oxford

This week’s Consulting News

| HrNxt Newsdesk

| Rebecca Lloyd @Pwc

| PRNewswire

| Consultancy.uk

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This week’s media

Are you confused about the difference between procurement and purchasing?

Consulting sourcing tips

How To Manage the Tail Spend – Our 5 Recommended Practices

How To Manage the Tail Spend – Our 5 Recommended Practices

Discover effective strategies to conquer tail spend management with our comprehensive guide. Explore five recommended practices that will optimize your procurement process, reduce costs, and increase operational efficiency. Learn how to tackle low-value purchases, leverage technology, streamline supplier relationships, and implement data-driven decision-making. Don’t let tail spend derail your budget and productivity—empower your organization with our expert insights and take control of your procurement today.

Previous Weeks’ issues

CEO and Co-Founder at | Website | + posts

Hélène Laffitte is the CEO of Consulting Quest, a Global Performance-Driven Consulting Platform and author of “Smart Consulting Sourcing”, a step by step guide to getting the best ROI from your consulting. With a blend of experience in Procurement and Consulting, Hélène is passionate about helping Companies create more value through Consulting.

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