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Implementation and Continuous Improvement

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Often overlooked, Implementation and Continuous Improvement ensure that the work performed throughout the Strategic Sourcing process pays off for years to come. Simply entering into an agreement with a preferred supplier does not result in cost savings. You need to ensure end users and stakeholders adhere to agreed‐upon terms and crack down on maverick purchasing. You need to track savings to ensure the supplier is holding up its end of the bargain (price) and your organization is holding up its own end (volume). This means rolling the agreement out internally, reviewing invoiced pricing as well as other internal documentation to ensure internal customers are not buying off‐contract, and requesting credits for improper billings—and that's just the start.

Managing Indirect Spend

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