Are your team’s efforts on cost savings going too far?
During a downturn, it’s easy for a procurement team to put emphasis on slashing costs. But it might be time to stop short-term moves. Time to re-focus on the ultimate prize: Creating business value.
Our latest paper, Lessons from the Previous Recession: Back to Sourcing Basics, is a timely reminder that procurement is a marathon, not a sprint. Inside, you’ll find six best practices that will help you find the right savings and ROI mix — without sacrificing business performance.
- How to leverage on-demand services and innovative technology
- How to organize your team and processes for success while minimizing risk
- How to boost cash flow and align supplier performance to KPIs
This paper is a must-read for procurement and sourcing professionals keen to create business value for their enterprises even during a recession.