Cost-Saving Sourcing Initiatives Revisited: Yesterday's Learning Applied to Today's Cost-Cutting Goals

by John Berry

In the past couple of years, organizations have sought sourcing value beyond cost savings. Access to talent and business process innovation are two examples of these more strategic aspirations. Yet, as the economy goes, so go sourcing priorities. Cost-saving sourcing projects are likely the highest priority again this year. While saving money proved elusive for some organizations in the past, those disappointing efforts arm managers today with a deeper understanding of the levers influencing sourcing costs, increasing the likelihood of success.