Cost Control

Cost Reduction in Procurement

Identify practical ways to reduce cost, improve supplier performance and protect business value.

1 dayIntermediatePractical Templates
Cost Reduction in Procurement

Course Overview

This workshop focuses on sustainable procurement cost reduction. Instead of relying only on price pressure, it introduces a wider set of commercial, operational and demand-side levers that can reduce cost while protecting supplier relationships.

The sessions are built for teams that need practical ideas they can test quickly inside their own organisation.

Key Takeaways

  • Separate price savings from total cost improvement
  • Use demand, specification and process levers to reduce cost
  • Prioritise savings opportunities by impact and effort
  • Build a practical cost reduction action plan

Curriculum Breakdown

Cost reduction principles is covered through practical discussion, examples, and workplace application exercises.

Total cost of ownership is covered through practical discussion, examples, and workplace application exercises.

Demand management is covered through practical discussion, examples, and workplace application exercises.

Specification and standardisation is covered through practical discussion, examples, and workplace application exercises.

Supplier commercial levers is covered through practical discussion, examples, and workplace application exercises.

Process waste and hidden cost is covered through practical discussion, examples, and workplace application exercises.

Savings roadmap and tracking is covered through practical discussion, examples, and workplace application exercises.

Who Should Attend

  • Procurement and finance teams
  • Category managers and sourcing leads
  • Operations managers with supplier cost exposure
  • Business leaders seeking practical savings ideas

Course Details

  • Duration1 day
  • FormatIn-Person & Virtual
  • LevelIntermediate
  • Next CohortCheck Schedule
  • LanguageEnglish
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KAVAQ Consultant TeamLead Facilitators

Delivered by experienced KAVAQ facilitators with practical procurement, negotiation, and business capability expertise across corporate teams.