{"id":2265,"date":"2007-01-22T16:33:00","date_gmt":"2007-01-22T16:33:00","guid":{"rendered":"https:\/\/www.certitrek.com\/nlpa\/2007\/01\/22\/cost-savings\/"},"modified":"2021-07-29T08:27:55","modified_gmt":"2021-07-29T12:27:55","slug":"cost-savings","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nlpa\/blog\/cost-savings\/","title":{"rendered":"Cost Savings"},"content":{"rendered":"<p>I hope that you have enjoyed the article \u201c<a href=\"https:\/\/www.certitrek.com\/nlpa\/news\/purchasing-articles\/cost-savings\/\">Cost Savings: Tips For Recording Them<\/a>.\u201d<\/p>\n<p>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.<\/p>\n<p>If I get the chance, I\u2019ll 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\u2019ve forgotten about.<\/p>\n<p>I\u2019ll be sure to post here if I find anything worthwhile.<\/p>\n<p><a href=\"https:\/\/www.certitrek.com\/nlpa\/individuals\/membership\/\">Become a member of one of the world\u2019s largest procurement associations today.<\/a><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Recommended Reading\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><\/p>\n<ul>\n<li><strong><a href=\"https:\/\/lms.nextlevelpurchasing.com\/course\/view.php?id=6\">14 Procurement Best Practices<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/lms.nextlevelpurchasing.com\/\">A Reflection on Total Cost of Ownership<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/lms.nextlevelpurchasing.com\/course\/view.php?id=23\">Finance for Strategic Procurement (Advanced)<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/lms.nextlevelpurchasing.com\/course\/view.php?id=22\">Finance for Strategic Procurement (Fundamentals)<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/lms.nextlevelpurchasing.com\/course\/view.php?id=9\">Mastering Procurement Tactics<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/lms.nextlevelpurchasing.com\/\">Procurement Best Practice Execution<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/lms.nextlevelpurchasing.com\/course\/view.php?id=8\">Savings Strategy Development<\/a><\/strong><\/li>\n<\/ul>\n<p>Visit <a href=\"https:\/\/lms.nextlevelpurchasing.com\"><strong>NLPA Learning<\/strong><\/a>, the new home to all of our certifications and online courses. NLPA Learning also includes learning resources, including live and on-demand webinars, publications and reports, articles, templates, white papers, and much more!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I hope that you have enjoyed the article \u201cCost Savings: [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":4082,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement"],"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>Cost Savings - Next Level Purchasing Association (NLPA)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/cost-savings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cost Savings\" \/>\n<meta property=\"og:description\" content=\"I hope that you have enjoyed the article \u201cCost Savings: [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nlpa\/blog\/cost-savings\/\" \/>\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:published_time\" content=\"2007-01-22T16:33:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-29T12:27:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/11\/nlpa-images-092.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1067\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/cost-savings\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/cost-savings\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"Cost Savings\",\"datePublished\":\"2007-01-22T16:33:00+00:00\",\"dateModified\":\"2021-07-29T12:27:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/cost-savings\/\"},\"wordCount\":201,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#organization\"},\"articleSection\":[\"Procurement\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.certitrek.com\/nlpa\/blog\/cost-savings\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/cost-savings\/\",\"url\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/cost-savings\/\",\"name\":\"Cost Savings - 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