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What are the pros and cons of hiring a purchasing quality consultant?

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Answered 2006-08-12 20:25:26

Procurement and sourcing play a critical role in today's supply chain. In many industries, materials account for more than 50% of all costs. That's why effective purchasing is critical to the bottom line. And this is where a purchasing consultant can come in handy. These individuals search for suppliers and perform due diligence on them, evaluate bids, coordinate orders and any changes, monitor supplier performance and check the quality of incoming goods. The goal is to help a business reduce purchasing costs and improve performance. Rather than using an independent consultant, it might be more cost-effective to hire an employee to handle these tasks for you. Consulting fees can add up quickly.

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