Communicating the value
Jonathan White, director of sales and support for Spikes Cavell Analytic, discusses how to identify and record savings procurement professionals might be overlooking.
When procurement leaders think about how to communicate their team’s value, they typically think of Request for Proposals (RFP/ITB/RFQ) type processes and the cash-releasing savings, which can be delivered by a procurement team’s focus on getting the best price for goods and services for their organization in a formal, competitive process. If you’re new to recording the value of your procurement team, these savings are a great place to start. They are the easiest to...