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How to Fix Procurement’s Fake Savings Problem

Media Coverage • October 28, 2021

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In this Future of Sourcing article, Rich Ham examines procurement's pervasive "fake savings" phenomenon in the context of a recent procurement fraud scandal, and the main problem he argues is at the root of the issue: "the rules of the game—the incentive plans handed to procurement departments, the ways credit and rewards are meted out—and the behaviors these rules promote."

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