TY - JOUR
T1 - Knowing the price of everything?
T2 - Exploring the impact of increased procurement professional involvement on management consultancy purchasing
AU - Lonsdale, Christopher
AU - Hoque, Kim
AU - Kirkpatrick, Ian
AU - Sanderson, Joe
PY - 2017/8
Y1 - 2017/8
N2 - Much of the estimated $554 billion annual expenditure on management consultancy services is accounted for by projects with a direct link to client profitability. As such, it is critical for clients (and arguably the wider economy) that the purchase process for such services is managed effectively. For many within the management consultancy literature, this requires close, bilateral buy-side service end-user / supplier engagement. In recent years, however, this bilateral engagement has been modified by a significant increase in procurement professional involvement. This has caused concern within the management consultancy literature as it is believed it will inevitably lead to a cost-focused approach that disrupts close end-user / supplier engagement and causes sub-standard service outcomes. In this paper, we explore, via qualitative research, whether this concern is justified. In the event, the analysis suggested partial justification. However, examples of positive procurement involvement were also reported, suggesting that existing models and assumptions within the management consultancy literature regarding the impact of increased procurement involvement require modification.
AB - Much of the estimated $554 billion annual expenditure on management consultancy services is accounted for by projects with a direct link to client profitability. As such, it is critical for clients (and arguably the wider economy) that the purchase process for such services is managed effectively. For many within the management consultancy literature, this requires close, bilateral buy-side service end-user / supplier engagement. In recent years, however, this bilateral engagement has been modified by a significant increase in procurement professional involvement. This has caused concern within the management consultancy literature as it is believed it will inevitably lead to a cost-focused approach that disrupts close end-user / supplier engagement and causes sub-standard service outcomes. In this paper, we explore, via qualitative research, whether this concern is justified. In the event, the analysis suggested partial justification. However, examples of positive procurement involvement were also reported, suggesting that existing models and assumptions within the management consultancy literature regarding the impact of increased procurement involvement require modification.
KW - Management consultancy
KW - Personal engagement model
KW - Procurement
KW - Service outcomes
UR - http://www.scopus.com/inward/record.url?scp=85019037430&partnerID=8YFLogxK
U2 - 10.1016/j.indmarman.2017.04.001
DO - 10.1016/j.indmarman.2017.04.001
M3 - Article
AN - SCOPUS:85019037430
SN - 0019-8501
VL - 65
SP - 157
EP - 167
JO - Industrial Marketing Management
JF - Industrial Marketing Management
ER -