CPOs are in a tough spot: They’re constantly weighing the demand for growth and innovation with the need for tactical cost reductions.
Taming Costs: How to Achieve Rapid and Sustainable Results outlines advice from GEP’s Todd Bremer, vice president of consulting, for implementing a robust, sustainable cost-management program that strikes the right balance. This blueprint can deliver rapid results to contain costs now while also ensuring positive outcomes in the long term.
Bremer focuses on the five procurement themes that will shape the remainder of 2023 and beyond. The bottom line: standard savings metrics no longer get the job done.
Topics include:
- Developing a “single source of truth” that provides clear links between costs and business activities
- Implementing a governance framework where budget owners are empowered to manage resources
- Creating a cross-functional control tower
This paper is a must-read for procurement leaders who are looking to support the enterprise’s goal of sustainable growth.
Theme: Strategy and Planning
