Article
Communicating the value
Jonathan White, director of sales and support for Spikes Cavell Analytic, explains how to calculate non-cash releasing savings.
Last time in this series, I covered four ways that procurement teams can make money for their organizations, all of which were relatively straightforward to calculate and record. This installment covers two crucial types of savings related to process efficiencies and process re-engineering initiatives that won’t necessarily result in real dollars saved, but nonetheless should certainly not be overlooked by procurement teams. Cash releasing vs. non-cash releasing savings… To briefly recap an article in the...
