Procurement consulting has established as an important discipline due to the emergence of the services sector and its recognition and also because of notable shift in working models of organizations wherein there is more dependence on third party relationships.
Procurement consultants are acting as extended arms of organizations in helping them with Tendering, Contracts and vendor management.
There are various types of procurement consulting services which an organization can avail depending upon its priority area.
Some of these procurement consulting services are listed below:
Contract negotiation and revalidation – help in signing contracts with suppliers, due-diligence and renegotiations as per the project’s requirement from time to time.
Inventory optimisation – design, and implement optimised inventory planning and procedures.
Procurement outsourcing – provide inputs on the best outsourcing solutions available.
Spend analysis – analyse acquisition connected expenditures to spot, qualify and implement reductions
Vendor management and monitoring – maintaining good relations with vendors and getting them to be compliant with the organisation’s requirements.
Tender support – providing research and analysis support required for tendering activities.
Most procurement consultants in India are integrated service providers and apart from above mentioned services also provide services related to supply chain & logistics, warehousing, etc.
Source: http://gainedgeconsulting.weebly.com/blog/procurement-consulting
Procurement consultants are acting as extended arms of organizations in helping them with Tendering, Contracts and vendor management.
There are various types of procurement consulting services which an organization can avail depending upon its priority area.
Some of these procurement consulting services are listed below:
Contract negotiation and revalidation – help in signing contracts with suppliers, due-diligence and renegotiations as per the project’s requirement from time to time.
Inventory optimisation – design, and implement optimised inventory planning and procedures.
Procurement outsourcing – provide inputs on the best outsourcing solutions available.
Spend analysis – analyse acquisition connected expenditures to spot, qualify and implement reductions
Vendor management and monitoring – maintaining good relations with vendors and getting them to be compliant with the organisation’s requirements.
Tender support – providing research and analysis support required for tendering activities.
Most procurement consultants in India are integrated service providers and apart from above mentioned services also provide services related to supply chain & logistics, warehousing, etc.
Source: http://gainedgeconsulting.weebly.com/blog/procurement-consulting
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