SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Management Consulting Services Category – Procurement Market Intelligence Report.
Phases of growth in the global industrial landscape are also heralding complexities in the business structure. This is compelling buyers to upgrade their business strategies to subsist in the competitive market. Continuous technological strides are changing the dynamics of competition which is also spurring the necessity to avail management consulting services to keep at par with the competition. The gradual digitization of the industrial infrastructure is compelling end-users such as financial services, manufacturing, public sector, natural resources and power, wholesale and retail, healthcare and other industries to augment their investment in the management consulting services market. Request your Free Sample copy of this management consulting services market intelligence report here!
Currently, the management consulting services market in the US claims the largest share that can be attributed to the incremental procurement spend done by the financial, manufacturing and public end-user sectors in the region. The growing requirement for digital transformation and cybersecurity to safeguard businesses is driving organizations in North America leverage management consulting services. Currently, North America accounts being one of the highly mature markets in terms of the category spend growth. Lack of in-house expertise and automation of technology in APAC are compelling buyers to utilize management consulting services across significant business sectors. The recent regulatory changes imposed in Europe will favor the category growth in the region during the forecast period.
This management consulting services procurement research report offers a scrupulous analysis of the supply market forecasts, sustainability and negotiation strategies of top suppliers and buyers. Also, it also provides information on the total cost of ownership outlook and strategies to cut down on costs. Ask for a customized version of this management consulting services market intelligence report here for free.
We recommend that buyers select service providers that can bundle services and products under a single contract. This will benefit buyers with reduced contract management complexities, and reduced procurement spend in the long run, says SpendEdge procurement expert Sumit Yadav.
This management consulting services procurement research report has identified the following factors to influence the category growth:
- Digital tools and technologies improve buyers’ cost-saving opportunities
- Digital transformation of business practices is estimated to be a key category driver
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SpendEdges procurement market intelligence reports for the professional services category offer information on critical cost drivers and category pricing strategies to help the buyers achieve significant cost-savings. The report provides information on supplier performance benchmarking criteria to help buyers reduce spend and establish better SLAs. Additionally, SpendEdges reports offer category management insights and procurement best practices for the category.
Report scope snapshot: Management consulting services
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Threat of new entrants
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Category management enablers
- Procurement organization
- Category enablers
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- Category hierarchy
- Category scope
- Category map
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