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Author: DocumentsFiles TOP AUTHOR [?]

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File Type: 60-page PDF document

DOCUMENT DESCRIPTION

This product (Cost Reduction Primer) is a 60-page PDF document, which you can download immediately upon purchase.

The Spend Reduction framework is a detailed guide for conducting an Enterprise Cost Reduction project. The objective of this document is to describe and provide guidance around the approach and practices applied on spend reduction engagements.

• What is Spend Reduction: Spend reduction involves reducing operating expense on purchased goods and services through demand management, strategic sourcing, and procurement-related tax minimization. It also addresses the importance of a well-designed procurement function to achieving and sustaining spend efficiencies.

• How much does it save, how fast, and how many times have we done it: Spend reduction can lead to significant cost savings typically in the range of 10-25%. It usually identifies a mix of short and longer term cost reduction opportunities.

• How comfortable are we with existing content: Developed content has been reviewed and approved by SMEs. Additional content, potentially in a stand alone document, should be developed to outline techniques and practices specific to optimization of employee benefits.

Got a question about the product? Email us at [email protected] or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Cost Reduction Assessment, Strategic Sourcing PDF: Cost Reduction Primer PDF (PDF) Document, DocumentsFiles

AUTHOR: DOCUMENTSFILES

DocumentsFiles has published 131 additional documents on Flevy.

DETAILS

This business document is categorized under the function(s): Organization, Change, & HR Strategy, Marketing, & Sales

It applies to All Industries

File Type: PDF (pdf)

File Size: 969.5 KB

Number of Pages: 60

Related Topic(s): Cost Reduction Assessment Strategic Sourcing

Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.

Initial upload date (first version): Apr 24, 2014

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This document is available as part of the following discounted bundle(s):

Cost Reduction Toolkit

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This bundle contains 2 additional documents.

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