When it comes to cost savings, procurement organizations can make the mistake of looking too hard and focusing on the same approaches for finding purchased cost savings. This will not yield optimal results. Pierre Mitchell, chief research officer and managing director at Azul Partners Inc., presents: Spend and The Art of Cost Reduction, now available for complimentary download.
An excerpt: "Not only is it impossible for procurement to save its way to zero, but stakeholders also will view these efforts as narrow and self-serving, rather than helping them maximize the value of their spend to accomplish their objectives. Download this paper, sponsored by BravoSolution, to learn the true art of managing spend and cost reduction."
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