Wednesday, August 26th 2020

This week in
Consulting

How to optimize your sourcing process?

This week’s must read

Procurement Must Reduce Costs While Continuing to Become a Better Strategic Advisor
Better analytics to improve spend influence and enhance value are key focuses for procurement in 2020, the research found.

 

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

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Thought Leadership

Supply chain management is a vital weapon in the war against the coronavirus
Since supply chain management is a vital weapon in the war against the coronavirus, it would benefit the nation if the federal government took inventory of critically important inputs and products to ensure resilience in combatting a pandemic.

 

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

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A More Sustainable Supply Chain
Companies tend to focus on their top-tier suppliers, but the real risks come lower down.

 

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

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9 procurement tools for modern businesses
Looking for the right procurement software to automate your processes and save more time for work you’d rather be doing? These eight offer this to companies of all shapes and sizes.

 

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

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5 Things CPOs Look For In a Procurement Professional
When a CPO is looking to hire a new procurement professional to join their team, what exactly do they look for in an employee?

 

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

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This week’s Consulting News

Deloitte brings healthcare to the digital age, introduces Future of Health program | hrnxt.com
Deloitte, one of the largest professional services firm in the world, will sponsor a social media conversation around the future of healthcare in an exciting new initiative for the company. D…

| HrNxt Newsdesk

UK CEOs signal shift to hybrid home-office models and de-urbanisation
UK towns and cities will undergo an inevitable transformation as a result of COVID-19 according to the results of the latest PwC CEO survey which shows how business leaders are responding to the pandemic response..

| Rebecca Lloyd @Pwc

KPMG LLP and Appian Launch Workplace Reentry Digital Toolkit
/PRNewswire/ -- Through a strategic alliance, KPMG LLP (KPMG) and Appian (NASDAQ: APPN) today announced the launch of the Workplace Reentry Digital Toolkit, to...

| PRNewswire

16 consulting firms awarded government coronavirus contracts
The UK Government has once again come under fire for its spending on private consulting contractors, after it emerged the industry had received contracts worth £56 million to help with the national r

| Consultancy.uk

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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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Podcast | How the top 5 spending industries are leveraging consultants?

Podcast | How the top 5 spending industries are leveraging consultants?

In today’s world consultants strive to stay on cutting-edge of knowledge by evolving and enhancing their expertise. Clients get the best out of the consultants but even consultants are benefited by this as they get to build better portfolios and ensure long-term success.
Blockchain Beyond Currencies | This Week in Consulting

Blockchain Beyond Currencies | This Week in Consulting

Blockchain technology empowers organizations to reimagine a world in which all forms of transactions are done safely, permanently, and efficiently.
Podcast | Value Created by Consultants

Podcast | Value Created by Consultants

What is the value for a consulting project? Are procurement and business leaders talking the same language? Are we talking about savings? Cost avoidance? Or is it the impact of the project on the business?

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