Optimize Costs in Sourcing & Procurement

Playbook outlines 3 top cost optimization initiatives

The best suppliers are often not the cheapest. It’s no surprise then that 72% of sourcing & procurement leaders plan to deliver value to their organization by optimizing total cost of ownership, not just purchase price. 

What are the top sourcing & procurement initiatives to optimize costs? Download the Gartner supply chain cost optimization playbook for sourcing & procurement leaders: We break down the objective, time frame and specific actions for three top cost optimization initiatives. 

  • Learn how to improve pricing and spend management
  • Reconfigure procurement processes and supply networks
  • Deploy digital solutions to leverage extended supply networks

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    Sourcing & procurement becoming more critical

    Not only are we more reliant on suppliers than ever, but also how we use suppliers is changing: +70% of sourcing & procurement professionals report using suppliers to tap into new-in-kind technology services or something outside of their organization’s core business model. It’s the role of sourcing & procurement to unlock new value from the supply base and protect the organization from future disruption. 

    Gartner can help: Our insights, advice and tools for sourcing & procurement leaders are designed to support performance management, risk mitigation, value creation and innovation of the sourcing & procurement team as well as suppliers. Learn more on gartner.com