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Budget for procurement advice

Posted in Consulting, Financial controls, Outsourcing, Press, Procurement with tags , , , , , , on July 15, 2004 by katephiz

Press comment on how much organisations should spend on third party procurement advice and which was reported in the trade press. The detailed comment included the following key advice:

… [they] should look to spend between 2.5% and 5% of fees over a five-year-contract on procurement consultancy …