Savings Strategy Development
Your CEO wants to know: "Are you executing a cost savings strategy or are you just 'winging it'?" Could you respond by producing a top-notch written strategy? If not, our online class "Savings Strategy Development" can help you. You will learn a systematic method of establishing a cost savings strategy in your organization. Your plan will be comprehensive, covering everything from analyzing your spend to strategic sourcing to continually improving cost savings processes. NOTE: This course counts towards the SPSM purchasing certification.
Further Details
You will learn how to outline a savings strategy with goals, objectives, and targets, plus...
How purchasing savings are viewed by executives- How to define several types of savings and avoidances
- How to create or improve a commodity classification system that optimally supports savings initiatives
- How to identify savings opportunities by analyzing your spend
- How to find and take advantage of easy cost savings opportunities
- How to achieve cost savings by leveraging existing supplier relationships
- How to negotiate savings without straining a supplier relationship
- How to diligently manage costs by utilizing the Producers Price Index and developing your own Supplier Price Index
- How to get everyone to apply the same, proven approach to cost savings by implementing The Ten Phase Approach To World-Class Sourcing
- How to report cost savings in a way that will be embraced by executive management
- How to apply continuous improvement to your savings processes
For more information, visit http://www.NextLevelPurchasing.com
Guide Price: 131 GBP per candidate
| Delivery: | Online |
| Category: | Purchasing |
| Duration: | 6-8 hours on average |
| Qualification: | 8 Continuing Education Hours (CEHs) |
