Sourcing Consultants
Where to find consultants?
Sourcing consultants can be found through a variety of sources, including job boards, professional networking sites, staffing agencies, and online directories. Additionally, many consulting firms like Hudson, have their own websites and may list available consultants on their websites.
Professional associations and industry groups, such as the Institute of Supply Management, can also be a good source of information on sourcing consultants. Additionally, many consulting firms and staffing agencies have their own networks of consultants and can provide referrals to experienced consultants.
20 things to consider when looking for a sourcing consultant:
- Experience and expertise
- Reputation
- Understanding of the business and industry
- Track record of success
- Availability and responsiveness
- Understanding of the goals and objectives of the project
- Flexibility and creativity
- Cost-effectiveness
- Ability to develop and implement strategies
- Knowledge of the sourcing process
- Ability to identify and evaluate suppliers
- Understanding of supply chain management
- Ability to negotiate contracts
- Knowledge of relevant laws and regulations
- Understanding of risk management
- Ability to communicate effectively
- Ability to develop and maintain relationships with suppliers
- Understanding of global sourcing
- Understanding of technology and how it can be used in the sourcing process
- Ability to stay ahead of industry trends
What examples of success should I be looking for when recruiting a sourcing consultant?
Successful sourcing consultants have a track record of success in helping companies identify the right suppliers, negotiate contracts, and implement cost-effective sourcing strategies.
When evaluating a potential consultant, you should look for examples of successful projects they have completed and ask for references.
Additionally, you should look for a consultant who has a deep understanding of the industry, markets, and trends, as well as the ability to develop and implement sourcing strategies. You should also look for a consultant who has experience in global sourcing, risk management, and supplier relationship management.
What timescales should my organisation put in place for a sourcing consultant to be effective?
The timescale for a sourcing consultant to be effective can vary depending on the complexity of the project and the resources available. Generally, the consultant should be able to provide advice and recommendations within a few weeks.
However, the process can be longer if a more detailed sourcing strategy needs to be developed, supplier evaluations need to be conducted, and contracts need to be negotiated. In these cases, it is important to set realistic expectations and timelines in order to ensure the success of the project.
Our services
Procure Consult
With Procure Consult, we offer support with tender management and ad-hoc procurement consultancy. Our expert team will manage the end-to-end procurement process or help at any stage, as and when required.
Procure Health Check
With Procure Health Check, we’ll conduct a full review of the strategic and operational procurement processes within your organisation. We’ll identify the areas that need improvement and help you drive greater value from the procurement process.
Procure Analyse
The purpose of Procure Analyse is to conduct a high-level analysis of your spending activity. We’ll help you understand your current purchasing behaviour and highlight areas that can deliver greater value. Procure Analyse is also offered as part of Procure Health Check or as a standalone service.
Procure Outsourcing
With Procure Outsourcing, we deliver a range of procurement solutions on an outsourced basis, completely bespoke to you. This can range from delivering multiple tender projects as a package to delivering the full procurement function of your organisation.
Procure Post
Are you trying to find a supplier for your project? Post your tendering opportunity onto any of our 11 sector-specific portals for FREE with Procure Post!
Housed by our sister company, Hudson Discover, our portals host thousands of tendering opportunities for organisations of all sizes. For an additional cost, we’ll even help you identify your requirements and find the most suitable suppliers for your business.
Get in touch for a consultation and find out how we can help your business drive better value from procurement.
