In the current economic climate, many companies are looking at ways to reduce costs and improve cash flow. Quickly. Reducing procurement spend can offer a tangible and rapid way to improve company profitability; savings in purchasing costs can increase the bottom-line much faster that increasing sales. This White Paper will help organisations understand their spend profile, what they can save, and how the savings will influence profitability and payback.

Most companies put significant effort into the procurement for direct materials. In many cases, these procurements are very technical, involving detailed, and maybe complex, specifications that are critical in defining an organisation's unique value. This spend is also core to product profitability, a key performance indicator. Consequently, we see significant attention on procuring these items, but rather less attention being brought to bear on indirect spend. And of course, that is right isn't it? Well no, actually.

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