It’s an ancient battle – how to avoid cost – but one that can lead to great results, so having the necessary tools are critical. In this session, the presenters will discuss how to obtain and track Cost Avoidance. They will describe the concept of Budget Freeze and the impact on a P&L Budget. Attendees will learn an innovative approach for this strategic role and will glean insights from pragmatic examples and analysis (in particular, IT Professional services).
Topics covered in this session included:
- A set of initiatives for obtaining and tracking
- Cost Avoidance structured in three key points
- The Budget Freeze concept
- A new approach in IT professional service and consulting services
- What is meant by “Lean” procurement
Categories: 2015 Fall - Huntington, Summit Presentations
SRC Type: Realization, Sourcing