Bicara Supply Chain 84. Procurement cost savings strategies
Guest Name : Lourdes Coss, MPA, CPPO, Principal Owner at M.L. Coss and Associates, LLC Language : English, Publication date: June 26. 2020
Lourdes is an author, executive coach, professional speaker, consultant and trainer who specializes in procurement, personal development, leadership, and transformation. She is the principal owner at M.L. Coss and Associates, LLC. Before running her own business, she held Chief Procurement Officer (CPO) and executive level positions in some of the largest government organizations in the US. She dedicated most of her career to successfully leading procurement transformations resulting in multi-million financial and operational efficiencies. Visit her website on: https://www.lourdescoss.com/
In this episode we discuss:
- How does procurement reduce cost
- What are the basic steps in the procurement cost savings
- How to develop the strategy in procurement to be inline with a cost savings target
- What’re other considerations for procurement savings ? And any specific areas we should focus on ?