Realization

135 posts found


Revenue Generating: Beyond Cost-Savings Procurement

Traditional procurement processes have evolved from purchasing to strategic sourcing and category management. Saving money and managing risk are now table stakes for any procurement function. To continue adding value...

Inflation is Here, So is Opportunity

Revenue generation is a critical mission in the current economic climate. Unclaimed Property provides an opportunity for any organization to review, and the economic benefits can potentially lighten the burden...

Ultimate Guide to Procurement Cost Savings – Sievo

By implementing the principles of this guide, you’ll be able to increase the savings in procurement that affect the whole organization. You'll improve the ability to communicate those savings, collaborate...

Tool: Insights for Managing Supplier Performance with Models and Frameworks

In this article, Hans shares his insights on supplier and contract performance.  He discusses and illustrates critical factors for a successful program, including: Functional model for comprehensive program with specific...

Beyond Indexing: Competitive Cost Models, a better sourcing solution in inflationary environments – The Mitchell Madison Group

One of the most critical design choices in Strategic Sourcing is the pricing basis, i.e. the “price per what” issue. Most frequently, item or catalog pricing is employed, whereby the...

Cost Optimization Strategy Guide

Use this Cost Optimization Strategy Guide to measure the benefits in an SRM program. This presentation will help determine if the ROI results from an effective cost containment strategy rather...

Sample Process for a Sourcing Engagement – Cost Savings Methodologies and Measurements

This tool contains a complete process for managing cost savings. Download to access these contents: Process Overview Savings and Spend Calculation Annual Savings and Spend Targets Savings Target Adjustment Savings...

Tool: Cost Savings Examples

This tool provides examples of cost savings, specifically what to measure, how to measure and a case study for these scenarios: Sourced Candidates - Year over Year Savings  Sourced Candidates...

Making it Count: Capturing and Measuring Procurement Savings

Many non-procurement executives and stakeholders are skeptical about the validity of the savings being touted by the procurement organization and about the degree to which they impact the company’s finances....

Off the table, into the pocket: capturing procurement savings

In the wake of the Great Recession, and in the midst of the slow recovery, companies continue to turn to their procurement function as a source for additional savings. Yet...

Measuring Procurement’s Performance

This slide deck includes Hypothesis on measuring savings Falsifying Procurement Savings Tracking different types of spend Measuring spend Measuring recurring spend Commercial factors influencing savings How to capture savings  

Measuring Procurement Cost Savings to the Bottom Line

In response to senior management's interest in evaluating purchasing's impact on the bottom line, procurement executives increasingly implement cost savings measurement systems. The Procurement Strategy Council examines three key factors...

How to Measure Procurement Savings

This entry from the Capgemini Consulting Blog describes how to measure savings. It includes Reasons for measuring Types of savings including those achieved through demand management, supply base management, and...

Tool: List of Savings Definitions with Examples

This tool contains the following content for your use.    Definitions for Savings, including how to calculate for: Existing supplier decrease New supplier decrease Product/Service Elimination Demand Management Definitions for...

Tool: Definitions and Calculations – Cost Savings and Cost Avoidance

This is a tool for your use provided by the Sourcing Industry Group. Use this document to contribute to your operations and policies. It contains formulas and examples for calculating...

Sample Savings Methodology

This resource provides an overview of one savings methodology and includes: An assurance/value add statement Definition of savings and various types, including the impact on finance  A sample calculation formula...

How Procurement Can Drive Growth with Ivalua

This session will address: How procurement can best restore growth How to create new revenue opportunities How to unlock supplier-led innovation How to accelerate innovation via collaboration How to ensure...

The Total Financial Impact of the Deal; Total Cost of Ownership, Cost Modeling, Hidden Cost & Savings

An educational session by SIG University Lead Faculty and Global Procurement Executive, Tom Ciardiello on the "whole deal" from total cost to savings and everything in between. Anyone can send...

Digitizing Your Processes in a Post-COVID World and Accelerating Greater Value Realization

Developing a common language of procurement across your organization can be a challenging task. How do you take the next step to improve value capture, compliance and sustainability, and connect...

March Microlearning by SIG University – Relationship Building and Networking

Procurement: More than Savings Join this open discussion with Canda Rozier, CIAP, Collabra Consulting and SIG University Faculty for her take on how procurement can best achieve value beyond just...
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