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Cost Optimisation Formula

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How important is it that you understand how likely you are to deliver your 2016 savings/ efficiency targets?

How important is it that you understand how likely you are to deliver your 2016 savings/ efficiency targets?

As we approach December, in my experience, thoughts turn to three things;

  1. The Christmas Party
  2. The Christmas Party
  3. The targets for the new year

OK, I admit that You may not be thinking about next years targets just yet, but I bet your boss is!

How have you done this year?

How does the actual value delivered to the bottom line compare with the projected value included

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Don’t even think about commencing a new procurement exercise without reading this article!

Don’t even think about commencing a new procurement exercise without reading this article!

What are you trying to achieve?

The answers that I tend to get after asking this question are varied but can be summarised in 3 words “To Improve Performance”.

This may be achieved through reduction of unit costs by x%, negotiation of additional discounts based on achieving volume of £y, or more

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