{"id":3462,"date":"2021-04-12T23:32:43","date_gmt":"2021-04-13T03:32:43","guid":{"rendered":"https:\/\/www.certitrek.com\/nlpa\/2015\/10\/12\/examples-of-intangible-services-their-degree-of-procurement-risk\/"},"modified":"2023-11-30T11:08:50","modified_gmt":"2023-11-30T15:08:50","slug":"examples-of-intangible-services-their-degree-of-procurement-risk","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nlpa\/blog\/examples-of-intangible-services-their-degree-of-procurement-risk\/","title":{"rendered":"Examples of “Intangible Services” & Their Degree of Procurement Risk"},"content":{"rendered":"
Intangible services may be among the most difficult things to procure. As a result, one must be careful when contracting these. If you are not, you may get stuck with an incompatible supplier for an unprofitably long period of time. Here are some tips for service procurement risk management:<\/p>\n
We’re picking up from the article<\/a>, where we referred to \u201cintangible services\u201d as \u201cwork whose quality you can\u2019t experience before the performance.\u201d<\/p>\n Procurement risk isn\u2019t equally high for all intangible services.\u00a0 A few of the general variables that affect your degree of risk include similarity to previously done work and frequency of performance.<\/p>\n<\/blockquote>\n But it\u2019s those intangible services where the work you want is not similar to what the supplier has done before and\/or is not something done frequently that can give you those procurement headaches for the ages.<\/p>\n Bottom line: Be careful and use the three tactics described in the article when you procure these services.<\/p>\nExamples of intangible services:<\/h6>\n
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Examples:<\/h6>\n
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