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Cost Reduction And Avoidance

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Some notes on my experiences with cost reduction and avoidance and their importance in reporting Purchasing Performance.

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Cost Reduction and Avoidance Barry Hedrick, C.P.M [email_address]
Find It – Get It – Keep It
Find It Planned Purchases Spend Analysis Results Contract Renewals Prioritized Projects SAVINGS Implement Supply User Input Develop Sourcing Teams Execute Sourcing Strategies Get It Keep It
Ground Rules for All Savings ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tracking/Reporting ,[object Object],[object Object]
Definitions ,[object Object],[object Object],[object Object]
Cost Reduction (Get It) Categories ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Methods of Measuring Cost Reduction ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Methods of Measuring Cost Reduction ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],Methods of Measuring Cost Reduction
Special Cost Reductions ,[object Object]
Cost Avoidance (Keep It) Categories ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Methods of Measuring Cost Reduction
Special Notes ,[object Object],[object Object],[object Object]

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Cost Reduction And Avoidance

  • 1. Cost Reduction and Avoidance Barry Hedrick, C.P.M [email_address]
  • 2. Find It – Get It – Keep It
  • 3. Find It Planned Purchases Spend Analysis Results Contract Renewals Prioritized Projects SAVINGS Implement Supply User Input Develop Sourcing Teams Execute Sourcing Strategies Get It Keep It
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.