News and content for procurement professionals

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Negotiation - an Underestimated Strategic Lever?

You can use multiple levers to reduce your procurement costs. One commercial lever, often referred to as a "quick win", is to renegotiate your existing contracts.

How to Use Bundling to Drive Procurement Savings

Bundling is an important commercial lever to reduce procurement costs. In short, bundling refers to securing standardized contract terms with the same supplier across the business, or consolidating spend with one or fewer suppliers than the status quo.