Cost Avoidance vs Cost Savings in Smart Procurement

Business growth concept showing stacked gold coins and a rising financial chart, representing cost avoidance vs cost savings.

You saved some dollars on paper towels this quarter. Well done, procurement superhero! However, your heating, ventilation, and air conditioning (HVAC) system malfunctioned once again, and its emergency repair bill caused your budget sheet to tear up. Now your question is, did I save anything at all?  Hello to the daily dilemma of procurement, where […]