Rising Above The Pendulum Swing of Savings

In collaboration with Art of Procurement, this white paper explores how to break the cycle of short-term cost-cutting in procurement by developing enduring savings plans for lasting success and value generation.

ABOUT THE WHITE PAPER

Elevate Your Procurement Strategy: Go Beyond Savings

Procurement frequently experiences a continuous cycle of cost-saving efforts, where the emphasis on reducing expenses varies due to internal business demands or external influences such as global economic conditions and supply chain reliability.

This impulsive strategy often results in a temporary emphasis on cost-cutting, which may undermine the broader, long-term value that procurement is capable of delivering.

In collaboration with Art of Procurement, we investigated the elements that fuel this cycle and how procurement can overcome it by developing enduring savings plans aimed at achieving lasting success and value generation.

Download the white paper to learn:

  • The susceptibility of procurement to the cycle of savings and the associated dangers

  • Transitioning from a short-term reactive approach to a strategy focused on long-term savings

  • Utilizing specific spending categories to foster sustained savings

  • Top strategies for securing leadership support for a novel savings approach
Get your copy of our white paper with AOP, Rising Above the Pendulum Swing of Savings to learn how to break the cycle of short-term cost-cutting procurement strategies.

About Procure Analytics

We work as an extension of your team, looking for opportunities to save you money, time, and resources. Whether through our pricing leverage, analyzing your spend, bringing service and support, or performing on-site implementation, count on us to help you attain ongoing value creation.