Tracking savings

Q: I am saving a lot of money doing a structured strategic sourcing activity but these savings don’t seem to be reaching the bottom line. What am I doing wrong?

Mary Punter, from procurement transformation consulting services at Capgemini, writes: You’re not alone – many businesses today are finding that the “savings” created through strategic sourcing activities are just not materialising on their bottom lines. This often causes significant conflict between the finance and procurement functions...

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