Replacing Short-Term ‘Savings’ with Long-Term ‘Spend Reduction’

A promotional graphic for a podcast episode featuring Philip Ideson, with a photo of him and the date June 23rd, 2023.

Discussing an article written by Fine Tune CEO, Rich Ham, (“Why Fine Tune is replacing the word ‘savings’ with ‘spend reduction’”) on a recent episode of Art of Procurement‘s “Procurement 6” podcast, Phil Ideson asks listeners: “Isn’t it time we had a bigger conversation with the CFO…[on] how to measure and incent long-term spend reduction over short-term cost savings?”

[timestamp 6:18]

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