News and Content for Procurement Professionals

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How to Identify Savings Opportunities: Renegotiation

Procurement analytics comes in many shapes and forms. Let us take a look at some analyzes that you can use for identifying renegotiation opportunities.

How Can Procurement Professionals Succeed With Cost Savings

In this article, we look at five steps to identify and prioritize cost-saving measures that increase the likelihood of success.

Four Procurement Analyzes to Identify Savings Opportunities

The procurement function is constantly under pressure to reduce costs and realize savings throughout the business.

10 Common Procurement Challenges

Spend often represents a significant proportion of the costs for most companies. Our experience indicates that there is a large untapped potential in procurement, but also several challenges in how to realize it.

Develop a Successful Procurement Strategy in 8 Steps

A solid procurement strategy is important for the business and the procurement function. However, the process of creating a successful strategy is not always straightforward.

8 Strategic Levers to Reduce Procurement Costs

Selecting and implementing procurement measures is a vital part of a holistic approach to strategic procurement.