Tracking and Realizing Savings from Strategic Supply Chain Initiatives

When it comes to saving money from Strategic Sourcing, Outsourcing or Supply Chain improvement initiatives, “perception” isn’t enough. While businesses have always strived for bottom line impact from programs like these, companies have struggled for years trying to quantify savings and create tangible corporate financial results. This is particularly evident in Supply Chain improvement initiatives, for which the “facilitating” department, typically Supply Chain, Procurement or Logistics organizations, do not have direct control over the budgets that are impacted by the improvements.

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