Welcome back to another installment of Whitepaper Wednesday here on the Purchasing Certification Blog. This week, I\u2019ll be reviewing a whitepaper entitled \u201cSourcing With \u2018The Pros’\u201d from Global eProcure.<\/p>\n
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This whitepaper covers the sourcing of professional services. And, actually, covers it quite well.<\/p>\n
I like the fact that this whitepaper starts off at the basics of professional services sourcing. It first defines professional services, giving examples such as \u201caccounting, architecture, management consulting, legal, advertising and investment banking.\u201d<\/p>\n
The whitepaper then discusses how professional services are sourced at many companies today, with little involvement from the procurement department. Why is this a problem? Because, according to Global eProcure, \u201cboth exceptional savings and preferential service levels can be achieved with professional service firms through a highly collaborative, finely tuned strategic sourcing approach.\u201d<\/p>\n
However, it is not a matter of simply running professional services through the same sourcing process the company used for office supplies. There are some unique challenges, such as:<\/p>\n
The whitepaper goes on to introduce six leading practices for overcoming these challenges and successfully sourcing professional services. A couple that I found most interesting were:<\/p>\n
This was definitely one of the best professional services sourcing whitepapers I\u2019ve read. And even though it was 14 pages \u2013 regular readers know I rarely review whitepapers that go past 5 pages \u2013 it was an easy and interesting read. You can get your own copy of this whitepaper from Global eProcure\u2019s Web site (registration required).<\/p>\n","protected":false},"excerpt":{"rendered":"
Welcome back to another installment of Whitepaper Wednesday here on […]<\/p>\n","protected":false},"author":12,"featured_media":4111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement"],"yoast_head":"\n