{"id":52764,"date":"2025-03-16T16:00:11","date_gmt":"2025-03-16T20:00:11","guid":{"rendered":"https:\/\/consultingquest.com\/?p=52764"},"modified":"2025-03-17T03:21:08","modified_gmt":"2025-03-17T07:21:08","slug":"consulting-procurement-chronicle-february-2025","status":"publish","type":"post","link":"https:\/\/consultingquest.com\/consulting-procurement-chronicle-february-2025\/","title":{"rendered":"The Consulting Procurement Chronicle \u2013 February 2025"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; module_id=&#8221;digest&#8221; _builder_version=&#8221;4.24.0&#8243; custom_padding=&#8221;0px||||false|false&#8221; custom_css_free_form=&#8221;#digest .et_pb_blog_extras h2{font-size:18px!important; font-family:%22Plus Jakarta Sans%22!important;color:black!important;text-transform:uppercase!important;font-weight:700!important;}&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row admin_label=&#8221;Introduction&#8221; _builder_version=&#8221;4.24.0&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Welcome to the <strong>Consulting Procurement Chronicle \u2013 February 2025<\/strong>, where we reflect on the latest insights, strategies, and discussions that shaped this month\u2019s thinking around consulting procurement.<\/p>\n<p>From exploring the build vs. buy dilemma for internal expertise to identifying future trends and navigating digital procurement pitfalls, February was packed with valuable resources to optimize your consulting strategies. Let\u2019s dive into the highlights!<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Insights&#8221; _builder_version=&#8221;4.24.0&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#db5528&#8243; header_2_font=&#8221;|700||on|||||&#8221; header_2_text_color=&#8221;#db5528&#8243; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h2>INSIGHTS<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Our <strong>Consulting Procurement Chronicle \u2013 February 2025<\/strong> begins with the following insights.<\/p>\n<p>Deciding whether to develop internal consulting capabilities or buy external expertise is a critical strategic choice. This insight explores the pros and cons of each option, helping organizations assess which approach best aligns with their business needs and long-term goals. Click to read more.<\/p>\n<p>[\/et_pb_text][et_pb_blog_extras post_type=&#8221;insights&#8221; blog_layout=&#8221;masonry&#8221; masonry_layout=&#8221;grid_extended&#8221; masonry_columns=&#8221;1&#8243; include_posts=&#8221;52684&#8243; use_read_more_button=&#8221;on&#8221; show_author=&#8221;off&#8221; show_date=&#8221;off&#8221; show_categories=&#8221;off&#8221; show_comments=&#8221;off&#8221; admin_label=&#8221;Insights&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700||on|||||&#8221; header_text_color=&#8221;#000000&#8243; custom_read_more=&#8221;on&#8221; read_more_text_color=&#8221;#7edbfb&#8221; read_more_font=&#8221;Barlow|||on|||||&#8221; read_more_icon=&#8221;&#x3d;||divi||400&#8243; read_more_icon_color=&#8221;#7edbfb&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_blog_extras][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Purchasing consulting services can be complex. This guide simplifies the process, offering practical advice on defining project scope, evaluating providers, and ensuring successful engagements that drive business value. Tap the link to read.<\/p>\n<p>[\/et_pb_text][et_pb_blog_extras post_type=&#8221;insights&#8221; blog_layout=&#8221;masonry&#8221; masonry_layout=&#8221;grid_extended&#8221; masonry_columns=&#8221;1&#8243; include_posts=&#8221;44563&#8243; use_read_more_button=&#8221;on&#8221; show_author=&#8221;off&#8221; show_date=&#8221;off&#8221; show_categories=&#8221;off&#8221; show_comments=&#8221;off&#8221; admin_label=&#8221;Insights&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700||on|||||&#8221; header_text_color=&#8221;#000000&#8243; custom_read_more=&#8221;on&#8221; read_more_text_color=&#8221;#7edbfb&#8221; read_more_font=&#8221;Barlow|||on|||||&#8221; read_more_icon=&#8221;&#x3d;||divi||400&#8243; read_more_icon_color=&#8221;#7edbfb&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_blog_extras][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>What does the future hold for consulting? This insight delves into emerging trends shaping the consulting landscape, from digital transformation to evolving client expectations, helping organizations stay ahead of industry shifts. To learn more, click the link!<\/p>\n<p>[\/et_pb_text][et_pb_blog_extras post_type=&#8221;insights&#8221; blog_layout=&#8221;masonry&#8221; masonry_layout=&#8221;grid_extended&#8221; masonry_columns=&#8221;1&#8243; include_posts=&#8221;52704&#8243; use_read_more_button=&#8221;on&#8221; show_author=&#8221;off&#8221; show_date=&#8221;off&#8221; show_categories=&#8221;off&#8221; show_comments=&#8221;off&#8221; admin_label=&#8221;Insights&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700||on|||||&#8221; header_text_color=&#8221;#000000&#8243; custom_read_more=&#8221;on&#8221; read_more_text_color=&#8221;#7edbfb&#8221; read_more_font=&#8221;Barlow|||on|||||&#8221; read_more_icon=&#8221;&#x3d;||divi||400&#8243; read_more_icon_color=&#8221;#7edbfb&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_blog_extras][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Internal consultants often offer unique advantages, including in-depth organizational knowledge and strategic alignment. This piece highlights the often-overlooked benefits of leveraging internal expertise to drive impactful change. Read more.<\/p>\n<p>[\/et_pb_text][et_pb_blog_extras post_type=&#8221;insights&#8221; blog_layout=&#8221;masonry&#8221; masonry_layout=&#8221;grid_extended&#8221; masonry_columns=&#8221;1&#8243; include_posts=&#8221;52750&#8243; use_read_more_button=&#8221;on&#8221; show_author=&#8221;off&#8221; show_date=&#8221;off&#8221; show_categories=&#8221;off&#8221; show_comments=&#8221;off&#8221; admin_label=&#8221;Insights&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700||on|||||&#8221; header_text_color=&#8221;#000000&#8243; custom_read_more=&#8221;on&#8221; read_more_text_color=&#8221;#7edbfb&#8221; read_more_font=&#8221;Barlow|||on|||||&#8221; read_more_icon=&#8221;&#x3d;||divi||400&#8243; read_more_icon_color=&#8221;#7edbfb&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_blog_extras][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Consource&#8221; _builder_version=&#8221;4.24.0&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#db5528&#8243; header_2_font=&#8221;|700||on|||||&#8221; header_2_text_color=&#8221;#db5528&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h2>CONSOURCE INSIGHTS<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>As part of our <strong>Consulting Procurement Chronicle \u2013 February 2025<\/strong>, we also published an insight on <a href=\"https:\/\/consource.io\/\" target=\"_blank\" rel=\"noopener\">Consource.io<\/a> as well. Let\u2019s take a look!<\/p>\n<p>Executives often express frustration with consultants, typically due to unmet expectations or misaligned outcomes. This article identifies common pitfalls and provides strategies to ensure a successful consulting partnership that delivers measurable value. Click to learn more.<\/p>\n<p>[\/et_pb_text][et_pb_blog_extras post_type=&#8221;consource-posts&#8221; blog_layout=&#8221;masonry&#8221; masonry_layout=&#8221;grid_extended&#8221; masonry_columns=&#8221;1&#8243; include_posts=&#8221;52725&#8243; use_read_more_button=&#8221;on&#8221; show_author=&#8221;off&#8221; show_date=&#8221;off&#8221; show_categories=&#8221;off&#8221; show_comments=&#8221;off&#8221; admin_label=&#8221;Consource&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#000000&#8243; custom_read_more=&#8221;on&#8221; read_more_text_color=&#8221;#7edbfb&#8221; read_more_font=&#8221;Barlow|||on|||||&#8221; read_more_icon=&#8221;&#x3d;||divi||400&#8243; read_more_icon_color=&#8221;#7edbfb&#8221; read_more_icon_placement=&#8221;left&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_blog_extras][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Podcasts&#8221; _builder_version=&#8221;4.24.0&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#db5528&#8243; header_2_font=&#8221;|700||on|||||&#8221; header_2_text_color=&#8221;#db5528&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h2>PODCASTS<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Our consulting procurement chronicle \u2013 February 2025 finally wraps up with our insightful podcast episodes.<\/p>\n<p>Digital transformation is reshaping procurement processes, but it\u2019s not without its challenges. This episode of the <strong>Smart Consulting Sourcing Podcast<\/strong> explores common pitfalls in digitalizing consulting procurement and how to navigate them effectively. Tune in.<\/p>\n<p>Last but not the least, internal consulting groups are becoming a strategic asset for many organizations. This podcast discusses their evolving role, the value they bring, and how businesses can better leverage internal expertise for competitive advantage. Listen now.<\/p>\n<p>[\/et_pb_text][et_pb_blog_extras post_type=&#8221;podcasts_smcs&#8221; blog_layout=&#8221;masonry&#8221; masonry_columns=&#8221;2&#8243; include_posts=&#8221;52692,52756&#8243; use_read_more_button=&#8221;on&#8221; show_author=&#8221;off&#8221; show_date=&#8221;off&#8221; show_categories=&#8221;off&#8221; show_comments=&#8221;off&#8221; admin_label=&#8221;Podcasts&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700||on|||||&#8221; header_text_color=&#8221;#000000&#8243; custom_read_more=&#8221;on&#8221; read_more_text_color=&#8221;#7edbfb&#8221; read_more_font=&#8221;Barlow|||on|||||&#8221; read_more_icon=&#8221;&#x3d;||divi||400&#8243; read_more_icon_color=&#8221;#7edbfb&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_blog_extras][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Explore February 2025&#8217;s consulting procurement highlights\u2014strategies for internal vs. external expertise, future consulting trends, and digital procurement pitfalls. Gain insights to optimize strategies and enhance consulting partnerships.<\/p>\n","protected":false},"author":18,"featured_media":52767,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[275,274],"post_folder":[],"class_list":["post-52764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-consulting-industry","tag-consulting-procurement-chronicle"],"acf":[],"_links":{"self":[{"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/posts\/52764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/comments?post=52764"}],"version-history":[{"count":4,"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/posts\/52764\/revisions"}],"predecessor-version":[{"id":52770,"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/posts\/52764\/revisions\/52770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/media\/52767"}],"wp:attachment":[{"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/media?parent=52764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/categories?post=52764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/tags?post=52764"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/consultingquest.com\/wp-json\/wp\/v2\/post_folder?post=52764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}