Research and Markets: Consulting Procurement State of the Market for 2010 Provides a Method of Benchmarking Your Organization's Procurement Policies and Performance

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/30a863/consulting_procure) has announced the addition of the "Consulting Procurement State of the Market" report to their offering.

The last twenty-five years have seen a huge increase in the use of 3rd party management consultants. This report provides analysis of Orbys recent survey into enterprises procurement of use of these 3rd party consultants, providing a health check on the state of the market.

Scope

• Based on a survey of chief procurement officers, market segment managers, as well as senior financial and project managers in 250 organizations.
• Survey questions were derived from Orbys Five Level Maturity Assessment Model, used to evaluate an organizations procurement effectiveness.

Highlights of this title

For many organizations, annual spend on third-party management consultants is now a very significant visible (and until recently growing) proportion of their turnover, overall people costs and/or procured indirect/non-inventory-based goods and services.

Our survey indicated that, while there were some organizations that managed their spend well, there were a lot more where the approaches and practices in this market sector were variable, inconsistent and fragmented.

Key reasons to purchase this title

• Provides a method of benchmarking your organization's procurement policies and performance against other peers and competitors.
• Highlights areas where procurement processes should be improved, identifying best and common market practice.

Key Topics Covered:

• Overview
• Introduction
• About the co-author
• Summary
• Methodology
• Executive Summary
• Growth in third-party management consulting
• Pressure on third-party management consulting spend
• Management of third-party management consulting spend
• Importance of third-party management consulting performance
• Market Analysis
• Use of consulting among enterprises
• Budget overruns a significant issue
• Weak value realization
• Mixed pricing methods
• Procurement organization headcount
• Spend decisions not led by procurement
• Business planning is patchy
• Procurement often not standardized
• Scope of work not always pre-agreed
• A balance of standard contracts prevails
• Competitive tendering not common enough
• Good levels of market intelligence
• Limited knowledge-sharing
• Weak supplier performance management
• APPENDIX
• List of Figures

For more information visit http://www.researchandmarkets.com/research/30a863/consulting_procure.

Source: Datamonitor