What constitutes “savings”?

What constitutes “savings”?

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ONTALA, Huntington Bank, Key Bank, HfS Research, ISG, Mayer Brown

What constitutes “savings”? Is it P&L impact, run-rate, cost avoidance? How are Sourcing and Procurement savings calculated and reported in some of North America’s largest corporations? How can you drive in-year savings to the bottom line? A panel of experts will share the research findings, best practices and templates created for SIG’s Sourcing Resource Center. We’ll showcase several models you can use to calculate and forecast savings; provide tips on getting comfortable with savings based on projected sourcing activities; show you how to drive adjustments to savings forecasts as projects are executed; and offer disciplined tracking and forecasting tools for reporting improvements in operating leverage and earnings.

A copy of the slides is available by clicking on the PDF button below.  You can view a recording of the webinar here > https://sourcinginterests.webex.com/sourcinginterests/lsr.php?RCID=2de21b4bc91863c46be95f2bf6f48e6b


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