Procurement teams typically only analyze the cost drivers of major purchases, the potential for wrong decisions that lead to harmful business outcomes remains a risk.

Leading procurement teams rely on two tactics to continually identify cost drivers across a wider range of buys:

  • Examine supplier pricing 
  • Identify the business behaviors leading to elevated prices 

Download Proactive Cost Driver Analysis in Procurement to understand how to manage costs and minimize risks faster and more effectively across the organization — at any stage of the economic cycle.