Strategic Sourcing in Professional & Business Services: Responding to Crisis

The professional and business services industry encompasses a wide range of highly specialized professionals that are responsible for over 12% of US GDP. The industry is made of three subsectors: professional and technical services, management of companies, and administrative and waste management. Combined, these sectors provide critical management and support services to enterprises across the globe.

Innovative Procurement teams in Professional and Business Services are leveraging software solutions to respond to the current crisis and prepare the business for a stronger recovery. With collaborative tools to manage suppliers and provide real-time information to business partners, Procurement and Sourcing have the agility to weather current uncertainties and help prepare for a new normal.