The Total Cost of Purchase : procurement for sustainability – Whitepaper
April 3, 2009
Tags: Energy, Premises Costs, Total Cost of Purchase
This document exposes the flaws in traditional approaches to the procurement of essential business services within organisations throughout the UK. It explains the theory behind the Total Cost of Purchase approach to procurement, and demonstrates how this new model enables organisations to take into account a wide array of issues beyond the ‘headline’ cost of the services they rely on.
This document will argue that taking the Total Cost of Purchase into account will help organisations of all sizes, across both the public and private sectors, to lower their cost of doing business. In addition, adopting the Total Cost of Purchase model will enable these organisations to minimise their financial exposure to an increasingly volatile marketplace.
Finally, this document will argue that it is only by adopting the truly holistic Total Cost of Purchase model to essential business costs that sustainability can be achieved. This sustainability comes in two forms. On a purely financial level, it means being able to make ongoing incremental savings over time, freeing up funds for further investment in core business activities. And on an ecological level, it means using resources efficiently to avoid unnecessary waste and environmental damage.
Read the full e-book Total Cost of Purchase whitepaper here……