Beyond savings

Purchasing teams need to do more than measure cost savings if they are to prove their strategic worth, argues Eric Evans

“When you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot measure it, when you cannot express it in numbers, your knowledge is of a meagre and unsatisfactory kind.” Lord Kelvin

It is hard to escape the conclusion, when reading these words, that senior management in...

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