Marketworks Advisory has changed its name to CXO Advisor. You can find us here at our new home.
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Ovum
About MarketWorks
Achieve competitive advantage through cost effective research, governance and transaction assurance.
MarketWorks Advisory provides business and technology advisory services to decision makers. Our accelerated consulting approach ensures quick results and provides clients with the opportunity to test best practices against their business needs and adopt the most appropriate solution for the earliest possible business benefit.
MarketWorks is the exclusive representative for Datamonitor, Butler Group and Ovum, in Southern Africa. Datamonitor is a global market leader in the business information industry.
We facilitate the growth and global competitiveness of companies, across different industry sectors in Southern Africa.
Outsourcing Advisory
Outsourcing advisory commences with the establishment or clarification of the rationale for outsourcing and the definition of scope. The internal organisational situation (in terms of principles, current capabilities, risk profile and business drivers) and the external market capabilities are key things to consider before embracing the potential cost savings associated with the available sourcing options.
This assumes that the sourcing strategy and options have been finalised. Ovum advocates the view that, from a buyer perspective, an understanding of the strategic reasoning behind a sourcing decision should be solidified before entering into the selection and negotiation phase. The reality, however, is that there is substantial pressure to realise savings and release cash as quickly as possible.
Strategic sourcing is a critical component of any cost management drive, and must be seen on a par with business strategy alignment, process interdependencies and operational awareness. As such, strategic sourcing must be seen as a key step by any executive considering the efficient and effective management of their enterprise.
