I hope that you have enjoyed the article “Cost Savings: Tips For Recording Them.”
Before I started Next Level Purchasing, I had worked on developing a software package that logged and reported cost savings. I think I still have the prototype on an old Texas Instruments laptop at home.
If I get the chance, I’ll take a look at the prototype and see if there were any additional features of a cost savings log that I omitted in the article. I put a lot of research into how companies record their cost savings, so there may be a nugget or two that I’ve forgotten about.
I’ll be sure to post here if I find anything worthwhile.
Become a member of one of the world’s largest procurement associations today.
Recommended Reading
- 14 Procurement Best Practices
- A Reflection on Total Cost of Ownership
- Finance for Strategic Procurement (Advanced)
- Finance for Strategic Procurement (Fundamentals)
- Mastering Procurement Tactics
- Procurement Best Practice Execution
- Savings Strategy Development
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