Cost Optimisation Archives - eXceeding
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Cost Optimisation

Blogs about how to improve procurement processes and procedures to optimise costs within a procurement function.

Close up of man's hand typing in numbers on a calculator whilst reviewing business reports

Navigating the cost-of-living crisis
How procurement teams are rising to the challenge

Procurement teams have been significantly impacted by the cost-of-living crisis. As the unsung heroes working tirelessly behind the scenes to secure goods, works and services for organisations, what are they doing to overcome these challenges? We investigate.

By Steve Rowland on 7 July 2023

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Close up of five and twenty pound notes

How to reduce costs in procurement

In this article, we take a closer look at the short-term and long-term solutions you can implement to reduce costs in procurement.

By Jane Shortall on 5 October 2021

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Illustration of two business men shaking hands standing on a clip board holding a signed contract

Supplier relationship management: the importance of collaboration in your supply chain
Why renegotiation, not re-tendering, might be the answer.

In this blog we explore how collaborating with your suppliers, through good supplier relationship management, and renegotiating contract terms might be a better solution than going out to tender.

By Mick O'Donnell on 27 January 2021

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Procurement optimisation in the face of an economic downturn
How an optimised procurement process can positively affect your organisation's bottom line

A world-class procurement function aims to optimise the entire sourcing process to deliver significant value across the organisation. But now, we need to consider how we optimise procurement processes as we navigate the socio-economic climate we find ourselves in.

By Steve Rowland on 2 January 2021

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Volume commitments as part of contract negotiations
How do you ensure that you can meet the demand?

When you signed that contract, you were absolutely sure that you could guarantee that spend. Now though the world has changed and that contractual obligation for a volume commitment could cause irrevocable damage. What can you do?

By Steve Rowland on 29 December 2020

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