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Procurement Consulting Services


ProcurementIQ’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. ProcurementIQ’s Procurement Consulting Services procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Procurement Consulting Services - Recent Price Trend

ProcurementIQ estimates that the average price of procurement consulting services has been rising at an estimated annualized rate of 1.3% in the three years to 2018 due to growth in demand. Despite price growth, buyers have been benefiting from low price volatility. Suppliers’ primary input cost is wages, which have not fluctuated significantly in recent years. As a result, there has been little.

Procurement Consulting Services - Total Cost of Ownership

The total cost of ownership for procurement consulting services is low on average. Thorough and clear procurement consulting contracts leave little room for hidden ownership costs. Unexpected costs arise when contracts do not explicitly state the intended deliverables of an agreement or do not fully breakdown costs. Buyers should ensure that they understand all fixed and variable vendor fees.

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About this Report

This report is intended to assist buyers of procurement consulting services. Vendors help buyers’ internal procurement departments restructure, develop policies and processes, obtain materials, identify suppliers and create contracts according to the buyer's terms. Procurement consultants leverage supplier relationships and the latest procurement technologies to improve spending coverage and reduce costs for goods and services. This report excludes operations management consulting services and the purchasing of procurement software.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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