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Spend Analysis for Consulting: The Definitive Guide (2022)

Spend analysis is a valuable tool for any client looking to optimize their consulting spend. Moreover, spend analysis helps clients understand where their money is going, and how they might be able to save by making better choices with their spending. This definitive guide will help you understand spend analysis, its different types, how to implement it, and much more.

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Consulting Spend Analysis

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Consulting Category Management
MSA, SOW, Consulting Agreements: The Definitive Guide (2022)

MSA, SOW, Consulting Agreements: The Definitive Guide (2022)

MSA, SOW, and consulting agreements are a vital part of the relationship with the consulting firm. All companies need to have a contract in place to protect their interests and ensure that everyone is on the same page. In this definitive guide, you'll learn the importance of these agreements and why businesses really need them in other to function efficiently.

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Buy Consulting services
How to Buy Consulting Services like a pro: The Definitive Guide (2022)

How to Buy Consulting Services like a pro: The Definitive Guide (2022)

When you buy consulting services, you usually want to buy value. This article will teach you how to buy consulting services and ensure that they are worth what it costs. There are many advantages and compelling reasons why you should hire a consultant for your next project. In today's fast-paced, ever-changing environment, your company must do...

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global management consulting industry
Global Management Consulting Industry: a comprehensive guide (2022)

Global Management Consulting Industry: a comprehensive guide (2022)

The management consulting industry is a global market. The consultants help companies in various sectors solve problems by applying management theory and business expertise acquired from research through developing concepts, practices, and procedures for implementation across different sectors worldwide. Did you know that most companies work...

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Successfully sourcing consulting services
Successfully sourcing consulting services

Successfully sourcing consulting services

"Eighty-five percent of the reasons for failure are deficiencies in the systems and process rather than the employee. The role of management is to change the process rather than badgering individuals to do better." – W. Edwards Deming Let's start with this—putting several consultants in competition is a great way to evaluate them and start...

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Focusing Efforts to Maximize Value
Focusing Efforts to Maximize Value

Focusing Efforts to Maximize Value

“The successful warrior is the average man with laser-like focus.” - Bruce Lee Let’s say you want to improve your high jump performance. Even those who barely jumped 1.5 meters in high school know that many elements influence the end result. Obviously, you need to perfect your technique from the run to the takeoff to the bar clearing. But you...

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RFPs for Consulting
How to Write Great RFPs for Consulting Services that maximize the chances of success of your projects

How to Write Great RFPs for Consulting Services that maximize the chances of success of your projects

 Amazing things will happen when you listen to the consumer. – Jonathan Midenhall, CMO of Airbnb In short The definition of the needs, also called Requirements, is the first and one of the most valuable steps in the process of procuring goods and services. However, the procurement requirements for goods are mainly focused on the specifications...

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Why Put Consultants in Competition
Why Put Consultants in Competition

Why Put Consultants in Competition

A horse never runs so fast as when he has other horses to catch up and outpace. – Ovid In short Putting several consultants in competition is a great way to evaluate them and start looking for the right fit. It will enable you to make an informed choice on the consultants, and who fits best your project on levels such as skills, experience,...

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