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Suppose we summarize what companies do to optimize ROI from their consulting spend. In that case, we must admit that they are doing many things -- involving procurement, implementing demand management, sharing RFPs, launching
In this episode, we explain in detail why is it necessary to optimize the ROI of consulting spend creates value for organizations. Companies invest up to 3 % of their revenue in consulting projects but rarely they manage this category.
Using six levers to optimize the ROI of your consulting spend is a step-by-step approach, so will be our guide. In each episode, we will share bite-sized knowledge about the levers and their significance. However, we will not stop just there; we will tell you how to why and how to utilize the levers and the steps to do that through a 5-step transformational journey.
Setting up a procurement organization can be the logical next step but it can be daunting. Ricardo Gaxiola answers them all in the next episode of our Procurement Game Changers podcast. Tune in.
Procurement also has immense untapped potential to create value for business lines. Professionals who have worked in this field can vouch for that, but it’s not easy to convince stakeholders.
Digitalization of procurement would make the purchase of consulting services all hassle free and will help to change the image of procurement from the bottleneck to a reliable and efficient partner.
How to attract the right talent to the procurement space amid an evolving labor market? How should HR adapt itself to changing times? What role should leadership play in this? Join Nina Bomberg, Global Indirect procurement Director at Dormakaba as she shares her perspective on how HR and procurement can team up to attract the right talent.
In this episode of our Smart Consulting Sourcing podcast, Helene tells you how to tackle the tail spend in consulting and how to go about it. Don't miss it.
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