{"id":8970,"date":"2021-01-28T09:26:05","date_gmt":"2021-01-28T14:26:05","guid":{"rendered":"https:\/\/www.certitrek.com\/nlpa\/?post_type=avada_portfolio&#038;p=8970"},"modified":"2021-04-12T11:12:42","modified_gmt":"2021-04-12T15:12:42","slug":"savings-strategy-development","status":"publish","type":"avada_portfolio","link":"https:\/\/www.certitrek.com\/nlpa\/blog\/courses\/savings-strategy-development\/","title":{"rendered":"Savings Strategy Development"},"content":{"rendered":"<p>Your CEO wants to know: \u201cAre you executing a strategy for cost savings or are you just \u2018winging it?&#8217;\u201d Could you respond by producing a top-notch written procurement strategy? If not, our highly personal and interactive online procurement course\u00a0<em>Savings Strategy Development<\/em> can help. You will learn a systematic method of establishing a cost savings strategy in your organization. Your plan will be comprehensive. It\u2019ll cover everything from analyzing your spending to strategic sourcing to continually improving cost savings processes. You\u2019ll also understand many nuances of how to write an RFP within the context of a step-by-step sourcing process. Upon completing this course, you will be able to:<\/p>\n<ul>\n<li>Identify sourcing and savings opportunities by analyzing your spend<\/li>\n<li>Define and calculate several types of cost savings and cost avoidances<\/li>\n<li>Identify and take advantage of easy cost savings opportunities<\/li>\n<li>Achieve cost savings by leveraging existing supplier relationships<\/li>\n<li>Negotiate savings without straining a supplier relationship<\/li>\n<li>Manage costs by utilizing the Producers Price Index and developing your own Supplier Price Index<\/li>\n<li>Apply a proven approach to cost savings by implementing The 10-Phase Approach to World-Class Sourcing<\/li>\n<li>Track the progress of your sourcing strategy<\/li>\n<li>Determine a methodology and strategy when writing an RFP<\/li>\n<li>Write an RFP that is aligned with the final contract<\/li>\n<li>Write an RFP that achieves the perfect balance of standardization and customization<\/li>\n<li>Write an RFP that is aligned with evaluation scorecards<\/li>\n<li>Write an RFP that ensures equitable (\u201capples-to-apples\u201d) supplier comparisons<\/li>\n<li>Write an RFP with an optimized supplier response format<\/li>\n<li>Report cost savings in a way that will be embraced by executive management<\/li>\n<\/ul>\n<hr \/>\n<p>This is a self-paced course with no instructor-led forum and you have 60 days from registration to complete all course elements.\u00a0It should take you approximately 8 hours to review the material and take any quizzes. All readings are provided in the course.<\/p>\n<p>This course has been pre-approved for 8 CEHs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your CEO wants to know: \u201cAre you executing a strategy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4065,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"footnotes":""},"portfolio_category":[77,72,71],"portfolio_skills":[],"portfolio_tags":[],"class_list":["post-8970","avada_portfolio","type-avada_portfolio","status-publish","format-standard","has-post-thumbnail","hentry","portfolio_category-level-1-cpos","portfolio_category-saving-strategies","portfolio_category-supplier-selection-individual-courses"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v19.13) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Savings Strategy Development - Next Level Purchasing Association (NLPA)<\/title>\n<meta name=\"robots\" content=\"noindex, nofollow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Savings Strategy Development\" \/>\n<meta property=\"og:description\" content=\"Your CEO wants to know: \u201cAre you executing a strategy [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/learning.nextlevelpurchasing.com\/products\/savings-strategy-development\" \/>\n<meta property=\"og:site_name\" content=\"Next Level Purchasing Association (NLPA)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-12T15:12:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/11\/nlpa-images-075.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1348\" \/>\n\t<meta property=\"og:image:height\" content=\"1600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/courses\/savings-strategy-development\/\",\"url\":\"https:\/\/learning.nextlevelpurchasing.com\/products\/savings-strategy-development\",\"name\":\"Savings Strategy Development - Next Level Purchasing Association (NLPA)\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#website\"},\"datePublished\":\"2021-01-28T14:26:05+00:00\",\"dateModified\":\"2021-04-12T15:12:42+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/learning.nextlevelpurchasing.com\/products\/savings-strategy-development#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/learning.nextlevelpurchasing.com\/products\/savings-strategy-development\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/learning.nextlevelpurchasing.com\/products\/savings-strategy-development#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.certitrek.com\/nlpa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Portfolio\",\"item\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/courses\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Savings Strategy Development\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#website\",\"url\":\"https:\/\/www.certitrek.com\/nlpa\/\",\"name\":\"Next Level Purchasing Association (NLPA)\",\"description\":\"The Next Level Purchasing Association\",\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.certitrek.com\/nlpa\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#organization\",\"name\":\"Next Level Purchasing Association (NLPA)\",\"url\":\"https:\/\/www.certitrek.com\/nlpa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/08\/NLPA-logo-small-1.png\",\"contentUrl\":\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/08\/NLPA-logo-small-1.png\",\"width\":149,\"height\":50,\"caption\":\"Next Level Purchasing Association (NLPA)\"},\"image\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.linkedin.com\/company\/next-level-purchasing-association\/\",\"https:\/\/www.youtube.com\/channel\/UCrNZYjcLcaNA4xMKQHEGamw\",\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\",\"https:\/\/twitter.com\/nextlevelpurch\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Savings Strategy Development - Next Level Purchasing Association (NLPA)","robots":{"index":"noindex","follow":"nofollow"},"og_locale":"en_US","og_type":"article","og_title":"Savings Strategy Development","og_description":"Your CEO wants to know: \u201cAre you executing a strategy [&hellip;]","og_url":"https:\/\/learning.nextlevelpurchasing.com\/products\/savings-strategy-development","og_site_name":"Next Level Purchasing Association (NLPA)","article_publisher":"https:\/\/www.facebook.com\/NextLevelPurchasing\/","article_modified_time":"2021-04-12T15:12:42+00:00","og_image":[{"width":1348,"height":1600,"url":"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/11\/nlpa-images-075.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@nextlevelpurch","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.certitrek.com\/nlpa\/blog\/courses\/savings-strategy-development\/","url":"https:\/\/learning.nextlevelpurchasing.com\/products\/savings-strategy-development","name":"Savings Strategy Development - Next Level Purchasing Association (NLPA)","isPartOf":{"@id":"https:\/\/www.certitrek.com\/nlpa\/#website"},"datePublished":"2021-01-28T14:26:05+00:00","dateModified":"2021-04-12T15:12:42+00:00","breadcrumb":{"@id":"https:\/\/learning.nextlevelpurchasing.com\/products\/savings-strategy-development#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/learning.nextlevelpurchasing.com\/products\/savings-strategy-development"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/learning.nextlevelpurchasing.com\/products\/savings-strategy-development#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.certitrek.com\/nlpa\/"},{"@type":"ListItem","position":2,"name":"Portfolio","item":"https:\/\/www.certitrek.com\/nlpa\/blog\/courses\/"},{"@type":"ListItem","position":3,"name":"Savings Strategy Development"}]},{"@type":"WebSite","@id":"https:\/\/www.certitrek.com\/nlpa\/#website","url":"https:\/\/www.certitrek.com\/nlpa\/","name":"Next Level Purchasing Association (NLPA)","description":"The Next Level Purchasing Association","publisher":{"@id":"https:\/\/www.certitrek.com\/nlpa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.certitrek.com\/nlpa\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.certitrek.com\/nlpa\/#organization","name":"Next Level Purchasing Association (NLPA)","url":"https:\/\/www.certitrek.com\/nlpa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.certitrek.com\/nlpa\/#\/schema\/logo\/image\/","url":"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/08\/NLPA-logo-small-1.png","contentUrl":"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/08\/NLPA-logo-small-1.png","width":149,"height":50,"caption":"Next Level Purchasing Association (NLPA)"},"image":{"@id":"https:\/\/www.certitrek.com\/nlpa\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/next-level-purchasing-association\/","https:\/\/www.youtube.com\/channel\/UCrNZYjcLcaNA4xMKQHEGamw","https:\/\/www.facebook.com\/NextLevelPurchasing\/","https:\/\/twitter.com\/nextlevelpurch"]}]}},"acf":[],"_links":{"self":[{"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/avada_portfolio\/8970"}],"collection":[{"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/avada_portfolio"}],"about":[{"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/types\/avada_portfolio"}],"author":[{"embeddable":true,"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/comments?post=8970"}],"version-history":[{"count":4,"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/avada_portfolio\/8970\/revisions"}],"predecessor-version":[{"id":9474,"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/avada_portfolio\/8970\/revisions\/9474"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/media\/4065"}],"wp:attachment":[{"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/media?parent=8970"}],"wp:term":[{"taxonomy":"portfolio_category","embeddable":true,"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/portfolio_category?post=8970"},{"taxonomy":"portfolio_skills","embeddable":true,"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/portfolio_skills?post=8970"},{"taxonomy":"portfolio_tags","embeddable":true,"href":"https:\/\/www.certitrek.com\/nlpa\/wp-json\/wp\/v2\/portfolio_tags?post=8970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}