A high savings figure does not necessarily equate to cost reduction. What matters is the actual economic impact on the company – and whether prices, quantities, total cost of ownership, and implementation are considered together. This is about robust cost management beyond impressive key performance indicators and about the levers that procurement can use to achieve a sustainable impact on results.
August 9, 2026
The purchasing department reports six percent savings. At the same time, costs rise by two percent. Both could be true. Let's assume a supplier terminates a contract [...]