Measuring Cost Savings and Cost Avoidance ToolKit
Procurement must establish credibility with Finance and senior management when declaring the value of cost savings and other financial benefits it has accomplished. This Toolkit contains clear, concise finance definitions to help Procurement gain the trust of the business, plus helpful checklists and levers that can be used when negotiating contracts:
Download the ToolKit to learn:
- Common definitions for cost savings and how they are measured
- Procurement’s role and responsibilities
- Cost model options
- Negotiation levers
- Tips for contract clauses and managing contracts
- Key Performance Indicators
- Future trends.
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