Each week Hélène Laffitte, consulting sourcing expert and CEO of Consulting Quest, gives you the keys to better use, manage, and source consulting services.
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Looking to stay up-to-date on all things procurement? To help demystify the world of sourcing, our host, Helene Laffitte, brings you a brand new podcast series called Procurement Game Changers. This informative podcast is all about procurement and features interviews with some of the biggest names in the industry. In every episode, you will get to meet one or more procurement luminaries who will be sharing with you their thought, experiences, challenges, and how they overcame them.
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Why Consulting Procurement Leaders Need to Brush Up their Change Management Skills?
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3:26Change management might not be in your procurement job description, but it should be. In this Quick Takes on Smart Consulting Sourcing episode, Hélène Lafitte explains why procurement professionals play a critical role in setting consulting projects up for success. From spotting misalignment early to designing collaboration into the process, Hélène…
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What to Look for in a Consulting Agreement – A Procurement Perspective
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4:13A consulting agreement might not be flashy — but it’s one of the most critical tools in your consulting procurement arsenal. In this episode of Quick Takes on Smart Consulting Sourcing, Hélène Lafitte, CEO of Consulting Quest, breaks down the seven must-have elements every procurement pro should scrutinize before signing a consulting contract. From…
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Refining Make-or-Buy Strategies for Consulting Projects
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20:19In this thought-provoking episode of Smart Consulting Sourcing, Helene Lafitte unpacks a question that every organization faces but few answer strategically: should you handle a consulting project in-house or bring in external experts? With humor, clarity, and a practical five-pillar framework, Helene guides you through the complexities of the make…
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What Does It Take to Build High-Performing Internal Consulting Teams?
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3:59Should you invest in an internal consulting team? In this episode of Quick Takes with Smart Consulting Sourcing, Hélène Lafitte, CEO of Consulting Quest, breaks down the strategic considerations behind this crucial decision. From analyzing consulting spend to defining a clear team mandate, she explains why internal consulting is about more than jus…
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Internal Consulting Groups: An Underrated Lever to Optimize Consulting Spend
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18:36Companies spend billions on external consultants, but is there a better way? In this episode of Smart Consulting Sourcing, Hélène Lafitte, CEO of Consulting Quest, explores the growing trend of Internal Consulting Groups and how they can serve as a powerful strategic asset. Far from being just a cost-cutting measure, internal consulting helps organ…
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What Makes Change Management Different in Consulting Procurement vs. Other Categories?
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3:45Change management is crucial in any procurement transformation, but when it comes to consulting, it takes on a whole new level of complexity. In this episode of QuickTakes with Smart Consulting Sourcing, Hélène Lafitte, CEO of Consulting Quest, explores why change management in consulting procurement is fundamentally different. From the intangibili…
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Five Pitfalls to Avoid When Digitalizing Consulting Procurement
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23:19Digitalizing consulting procurement offers immense potential—efficiency, transparency, and smarter decision-making. But without the right approach, organizations can fall into common traps that hinder progress. In this episode of Smart Consulting Sourcing, Hélène Lafitte, CEO of Consulting Quest, breaks down the five biggest pitfalls companies face…
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How to Foster Collaboration Between Procurement and Business Lines in a Digital Era?
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4:17In today’s fast-paced digital world, effective collaboration between procurement and business lines is no longer a luxury—it’s a necessity. In this episode of Quick Takes with Smart Consulting Sourcing, Hélène Lafitte, CEO of Consulting Quest, unpacks how organizations can break down silos and foster seamless collaboration. From understanding each …
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Why Digital Transformation in Consulting Procurement Often Fails (and How to Fix It)?
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14:17Digital transformation isn’t just about flashy new tools—it’s about redefining how we work. In this episode of Smart Consulting Sourcing, Helene Lafitte, CEO of Consulting Quest, dives deep into the pivotal role of change management in digital procurement transformation. From real-world challenges like misaligned teams to actionable strategies for …
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Centralised vs. Decentralised Procurement: Which Strategy Drives Better Consulting Results?
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19:27In the world of procurement, centralised vs. decentralised procurement structures is one of the most debated topics. Should you centralize your consulting procurement? Opt for a decentralised approach? Or is the ideal solution a balanced hybrid? There’s no one-size-fits-all answer—but in this episode of Smart Consulting Sourcing, Helene dives deep …
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Getting involved earlier as a procurement leader
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24:55We’re back with another Q&A episode of the Smart Consulting Sourcing Podcast! Today, we're tackling a critical topic: the impact of early procurement involvement in consulting projects. Ever wondered how involving procurement right from the start can transform your consulting outcomes? What strategies can help align stakeholders effectively? And ho…
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How to Optimize Your Consulting Spend Using Kotter’s 8-Step Model?
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27:23When it comes to optimizing consulting spend, you're not just fine-tuning a few processes—you’re fundamentally shifting how your organization selects and manages consulting services. And let’s be honest, that kind of change often faces resistance, especially from the top. To succeed, you need everyone on board, from procurement to senior leadership…
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Selecting the Right Consulting Firms for Your Project
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22:42Welcome to the Smart Consulting Sourcing Podcast's LIVE Q&A session! Today, we’re diving into some of the most pressing questions about consulting sourcing. What’s the first step in choosing the right consulting project? How do you weigh cost versus value when selecting consultants? Should you go with boutique firms or stick to the big players? If …
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The Rise of Specialised Consulting: Why Expertise Matters More Than Ever
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22:18In this episode of Smart Consulting Sourcing podcast, your favourite host, Helene, dives into the fascinating world of specialised and niche consulting—a trend that’s revolutionizing how businesses tackle their most pressing challenges. Think of niche consultants as your business's expert surgeons: for general health, you consult your GP, but for a…
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How to prepare for negotiating a consulting agreement?
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36:17In this exciting new episode, we’re launching a fresh segment that’s sure to become a staple in your listening routine—a live monthly Q&A session. Each month, we’ll tackle a hot topic and answer the questions that matter most to you. This week, we’re kicking things off with a deep dive into a subject that every consultant or procurement professiona…
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Maximising Consulting Cost Efficiency: The Interplay Between Scoping and Pricing Levers
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20:59In the ever-evolving landscape of business, the role of consulting services has never been more pivotal. For Strategy, Finance, and Procurement Executives, understanding the nuanced overlap between these domains is essential. It is this very overlap that can spell the difference between a consulting project that delivers transformative value and on…
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Optimising Your Consulting Costs: Leveraging Pricing Levers for Maximum Value
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17:44When it comes to navigating the intricate world of consulting, the traditional mindset of price-slashing and hard-nosed bargaining often falls flat. Consulting isn't just another commodity; it demands a sophisticated approach where value and cost optimization go hand in hand. In this episode of Smar Consulting Sourcing podcast, your host Helene off…
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The Scoping Lever and Its Significance in Optimizing Consulting Costs
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18:47We will delve into a crucial aspect that every business executive, whether you’re in procurement, strategy, finance, or sitting in the C-suite, needs to master: the art of scoping your consulting projects. Proper scoping isn't just about controlling costs—it’s about maximizing the value each consulting engagement brings to your organization. Scopin…
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An Overview of Consulting Quest's Framework for Optimizing Consulting Costs
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17:44Optimizing consulting costs is the top priority for companies investing in consulting services. However, at Consulting Quest, we don't merely focus on cost-cutting; we prioritize obtaining the best value for your investment. We have developed a comprehensive framework that considers both scoping and pricing levers to ensure that every dollar you in…
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The Role of Demand Management in Optimizing Consulting Spend
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18:47Welcome to another episode of the Smart Consulting Sourcing podcast, where your favourite host, Helene, delves into the nitty-gritty of consulting sourcing, and today she's tackling a critical aspect, demand management. Think of demand management as your trusted decision-making partner. It's there to ensure you're putting your resources where they …
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5 Ways Consulting Cost Savings Can Impact Organizations
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18:52Consulting isn’t just a line-item expense; it’s a strategic investment poised to propel organizations toward unprecedented growth and efficiency. By balancing cost considerations with strategic alignment and reinvesting savings wisely, we can unlock the transformative power of consulting and chart a course toward enduring success. In this episode o…
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In the realm of business strategy, the significance of cost savings cannot be overstated. Today, we kick off 'Decoding Cost Savings in Consulting,' a series that will shed light on this important topic. We aim to make understanding savings in consulting simple yet essential for success. Effective consulting procurement isn’t just about cutting cost…
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In this episode of the Smart Consulting Sourcing podcast, your host, Helene, dives into a topic that's essential but often misunderstood in the world of consulting: the cost of revenue. Think of it like the Cost of Goods Sold in other industries, but instead of physical products, we're talking about the brainpower, time, and expertise of consultant…
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When embarking on a new project, finding the right fee structure can significantly enhance your company's value. The optimal approach depends on factors such as the project's essence, the nature of deliverables, the surrounding context, and your flexibility with fees, along with the level of commitment you seek from your consulting partner. Value-s…
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Decoding Consulting Prices: What Influences the Numbers?
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17:46You might think that figuring out how much a consulting project will cost is as simple as picking a price tag off a shelf. But in reality, it's much more complicated than that. Even when fee structures are clearly laid out, two projects that seem identical on paper can end up with very different cost estimates. Why does this happen? Well, there are…
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Fundamentals of Consulting Pricing - The Rates
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16:13In the world of business, consulting services play a pivotal role in shaping strategies, driving innovation, and solving complex problems. However, the question of how to negotiate win-win deal with consultants while ensuring value remains a constant challenge for clients. In this episode of Smart Consulting Sourcing podcast, your favorite host Hel…
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How to Effectively Overcome Asymmetrical Information in Consulting?
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19:59Stepping into the consulting market can feel like navigating a labyrinth. With a myriad of firms boasting various services, it's easy to feel overwhelmed. But fear not, dear listeners, for in today's episode of Smart Consulting Sourcing podcast, we're diving headfirst into the depths of asymmetrical information and emerging victorious. Picture this…
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Navigating Asymmetrical Information in Consulting Procurement
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16:32Asymmetrical information isn't just an abstract concept relegated to economics textbooks; it's a pivotal notion that shapes real-world market dynamics. Join your trusted host, Helene, on the latest episode of the Smart Consulting Sourcing podcast, where we delve deep into the application of this theory in the realm of consulting procurement. Discov…
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Value and Impact: The Ultimate Yardsticks for Success in Consulting Projects
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19:55In the fast-paced world of business, organizations often turn to consulting services to navigate complex challenges, drive innovation, and achieve strategic goals. Yet, amidst the myriad of consultants and projects, how can businesses ensure they are truly maximizing the value of these engagements? Navigating the complexity of evaluating consulting…
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Intangible Facets - Trust, Fit and Personal Connection in Consulting Services
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21:32Trusting the consultants involved in your projects can transform the entire consulting experience, making it smoother, more collaborative, and ultimately ensuring the effective application of recommendations. But why does trust wield such immense power in consulting? Join your favorite host, Helene, on the Smart Consulting Sourcing Podcast, as she …
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Navigating the Dynamics of Direct and Indirect Procurement with a Spotlight on Consulting
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18:46Businesses are waking up to the fact that a top-notch indirect procurement game can be a differentiator for success. It's not just a cost center anymore; it's a strategic player in the company's victory. But let's ditch the old-school thinking of direct versus indirect procurement. It's time to see it as a choice between strategic and non-strategic…
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Direct vs. Indirect Procurement: Understanding the Nuances
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16:28When you cook up a storm in the kitchen, everyone wants to know about the ingredients, right? But there's more to the culinary magic than just spices – it's the hidden elements that play a crucial role. Think of the pots and pans, the table decoration -- all of them quietly contribute to the whole gastronomic experience and hey, don't forget that c…
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Navigating the Evolution of the Consulting Value Chain
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16:53Welcome back to another captivating episode of your favorite Smart Consulting Sourcing podcast, where your host Helene leads you through the dynamic realm of consulting, meticulously unraveling the ever-evolving Consulting Value Chain. Delve into how consulting firms are adjusting to these transformations and discern the implications for you, the c…
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Is Consulting being Disrupted? Navigating New Paradigms
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16:53In our latest podcast episode, Helene is diving into a topic that's been buzzing around the consulting world for quite some time – the much-talked-about disruption in the consulting industry, especially with the advent of Artificial Intelligence (AI). Trust me, this is a conversation you don't want to miss! We've been hearing predictions about the …
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Navigating the Consulting Landscape: Today’s Market Insights
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17:39Numbers tell a compelling tale of a vast market, estimated at $300 billion, showcasing resilience with a Compound Annual Growth Rate poised to surpass $400 billion by 2025. Welcome to the big, vast consulting universe! What fuels this growth? The digital revolution, emerging markets, and global events like the COVID-19 pandemic and geopolitical con…
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Hey there, podcast listeners! Welcome to another episode where we're diving deep into the evolutionary journey of the consulting industry. You might be wondering, why bother with the history of consulting? Well, in a world where consultants seem to be around every corner, influencing businesses left and right, knowing where this all began not only …
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7 HighLevel Consulting Capabilities Part II
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16:11In the previous episode, we delved into the intricacies of four essential business capabilities: Strategy, Operations, Finance & Risk, and Sales & Marketing. These pillars are fundamental in steering organizations toward success. In today's episode, we explored the key pillars of modern business: Human Capital, Tech, and R&D. Picture a workplace no…
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In this episode, Helene has embarked on a journey through the intricate world of consulting capabilities. From the strategic North Star to the heart of business operations, and from finance & risk as the guardians of integrity to sales and marketing as the company's rockstar, she has explored how consulting brings the wind to your business sails. I…
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In this episode, we're diving deep into the world of consulting and asking the age-old question, "What is consulting?" "What really defines it?" In a nutshell, consulting is like a blend of expert advice, strategic planning, and meticulous execution – all in the name of supercharging an organization's success. As the world of consulting keeps on ev…
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Significance of Value in Consulting Procurement
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17:39Hey there, and welcome back to the grand finale of our podcast series, "How to Buy Consulting Services Like a Pro. "Over the past few episodes, we've delved into the intricate world of consulting procurement, exploring the nooks and crannies of this ever-evolving landscape. But today, we're here to talk about the real heart of the matter - the valu…
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Mastering Project Termination: Strategies for Leaders
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18:54In the world of consulting, we often talk about how to start a project, manage it, and keep it on the right track. But what about when things don't go as planned? That's where our latest episode of "How to Buy Consulting Like a Pro” steps in, ready to reveal how to masterfully wrap up a consulting project with style and grace. In this episode, your…
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Navigating the Consultants’ Departure with Procurement Expertise
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21:31As we approach the final phase of our journey on how to "Buy consulting services like a pro," today, we will delve into the critical topic of preparing for the transition when the consultants depart. Let us tell you that this is one of the most crucial steps in securing the impact of your project. You might wonder why. Well, projects are inherently…
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Transforming the Procurement Landscape With Spend Management Innovations
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33:30Guess what? Our Procurement Game Changers podcast has unveiled a fascinating secret—none of our guests willingly chose to enter this field. For each of them, it was either a stroke of luck or an unexpected twist of fate that led them here. In today's episode, our esteemed guest, Thejo Kote, shed light on the underlying reason: "In business school, …
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Elevating Project Performance: Mastering Daily Operations
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17:41We're now entering the final stage of our journey on how to "Buy consulting services like a pro." Today, we'll delve into managing project performance and daily operations. Picture this: You're the captain of a consulting project ship, and your consultants are your crew of superheroes. You've got the right team, you've set sail, but now what? That'…
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Maximizing ROI with Expert Project Management in Consulting
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17:52Effective project management is imperative for the success of your consulting project. Therefore, as a client, it's crucial to understand the intricacies involved in managing consulting projects. When you buy a car, you simply place an order and wait for the finished product to be delivered. There's no need to inspect the production line or be invo…
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Understanding terms and conditions in a consulting agreement
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17:25In the dynamic consulting world, success begins with the artful creation of a consulting agreement. But you know what? Crafting the perfect consulting agreement isn't just about paperwork; it's a masterstroke of strategy, protection, and securing your path to triumph. In the realm of consulting, where every decision carries weight, this foundationa…
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Crafting a Powerful SOW for your Consulting Agreement
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16:24Welcome to a brand-new episode of the Smart Consulting Sourcing podcast. Over previous episodes, we've shared multiple aspects of procuring consulting services, from crafting the perfect RFP to evaluating proposals and negotiating with shortlisted firms. In today's episode, we reach the climax where visions become reality—the consulting agreement. …
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The Procurement Leader’s toolbox: Mastering Essential Skills and Tools
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17:52The digital procurement trend is gradually replacing traditional practices, and it's not just a trend; it's a reality. What essential skills and tools do procurement leaders need in this digital age? They need to be familiar with the end-to-end "procure-to-pay" process. This involves understanding the company's external needs, market dynamics, find…
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Expert tips on providing feedback to unsuccessful firms
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16:24Providing feedback to consultants whose proposals fell short is a wise practice. It's a win-win for both parties. Why? Well, reputable consulting firms with the expertise you seek take feedback seriously. When you share your insights, they use that valuable input to address previous shortcomings, increasing their chances of success in future bids. …
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Mastering the Art of Negotiation in Consulting Services
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17:17Welcome back to another power-packed episode of Smart Consulting Sourcing, your ultimate guide to mastering the art of buying consulting services like a pro. Today, we delve into the realm of negotiation—a force of great power and potential. As Sun Tzu famously said, "Every battle is won before it's ever fought." In our previous episode, we laid th…
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