Sourcing executives will need to negotiate forward pricing as AI and analytics drive new price points in the next 18 months. Applying advanced service sourcing to optimize cost-effectiveness and business value with forward pricing will increase service standards and improve labor efficiency.
- Address Poor Practice of COLA Inflation Clauses That Are Contrary to Pricing Trends
- Understand the Level of Cost Reduction to Negotiate Effective Forward Pricing in the Contract
- Adopt Effective Contract Capabilities to Take Into Account the Future Impact of Lower Costs and Pricing
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