This identifies how to uncover cost savings in your organization and the process for achieving it.

1. UNCOVERING HIDDEN SAVINGS
Kurt Redig | redigkurt@gmail.com | 312.560.5620
DON’T BE ASPENDSLOB

2. HIDDEN IN PLAIN SIGHTHUGE SAVINGS ARE AWAITING TO BE RECOVERED IN SPENDING HABITS

3. INDIRECT
EXPENSES
25% 75%
PROCUREMENT
COST
OF

4. WHY ARE
SAVINGS
SO OFTEN
MISSED?

5. PRIORITIES OFTEN COMPETE WITH SPEND DISCIPLINE

6. TEAMS FAIL TO ALIGN ON OPPORTUNITIES

7. REQUIREMENTS OFTEN MISUNDERSTOOD

8. SAVINGS SOMETIMES
APPEAR TOO SMALL
AT FIRST GLANCE

9. No clear strategy or methodology
9
NO CLEAR STRATEGY. NO METHODOLOGY.

10. REMOVE BARRIERS
& DISCOVER THE SAVINGS POTENTIAL THAT AWAITS

11. CENTER-LED PROCUREMENT7STEPS TO
SUCCESS

12. ALIGN STAKEHOLDERS1

13. PRIORITIZE THE SCOPE2

14. FINALIZE REQUIREMENTS3

15. 15
Issue
4

16. 16
5 ANALYZE RESULTS

17. 17
6
Negotiate
Contract

18. 18
MEASURE RESULTS AND ADJUST7

19. 19
START THE SAVINGS JOURNEY
& EXPERIENCE ITS MANY PATHS

20. 20
LEVERAGE TOTAL COMPANY VOLUME

21. 21
REDUCE
DEMAND

22. 22
CHANGE SPECIFICATIONS

23. 23
CONSOLIDATE
SUPPLIERS

24. 24
STANDARDIZE, DON’T CUSTOMIZE

25. 25
DON’T OVERPAY FOR SLA’S

26. 26
ADJUST POLICIES AND PROCEDURES

27. DON’T
27
DON’T OVERPAY FOR CONTRACTOR INSURANCE

28. EV
28
LOOK BEYOND YOUR COMPANY
FOR SAVINGS OPPORTUNITIES

29. 29
USE REVERSE AUCTIONS

30. 30
ACHIEVE & SUSTAIN THE SAVINGS:
THE PIECES OF THE PUZZLE

31. 31
CREATE EXPENSE OWNERS

32. 32
USE ANALYTIC TOOLS

33. 33
REFLECT SAVING TARGETS IN BUDGETS

34. 34
HIRE STRONG
PROJECT MANAGERS

35. 35
USE PROVEN PROGRAM MANAGEMENT METHODS

36. 36
THE SAVINGS JOURNEY LEADS TO………

37. 37
CAPTURING SUSTAINABLE SAVINGS

38. 38
SPEND PRIORITIES ALIGNED

39. 39
SAVINGS TARGETS LINKED TO COMPANY OBJECTIVES

40. 40
SHARED ACCOUNTABILITY FOR SAVINGS

41. 41
CONTRACTS WITH APPROPRIATE RISK

42. 42
SPENDING DISCIPLINE

43. 43
AIIS YOUR ORGANIZATION READY TO CREATE DISCIPLINE AROUND SPENDING?

44. 44
WILL YOU ELIMINATE THE BARRIERS?

45. 45
WILL YOU RIDE THE PATHS OF THE JOURNEY
OR WILL YOU LET OTHERS PASS YOU BY?

46. 46
DON’T WAIT! COMMIT TODAY!

47. UNCOVERING HIDDEN SAVINGS
Kurt Redig | redigkurt@gmail.com | 312.560.5620