Reasons to Read

On June 30, 2021, Coresight Research hosted a panel discussion with procurement services and technology provider LogicSource, to discuss strategies to reduce unnecessary GNFR expenditure and create efficient procurement systems.

In this report, we present three key insights from the online event:

• LogicSource has found that 67% of CFOs of businesses that have tried to improve their GNFR efficiency report that the savings never matriculate to P&L.
• Poor communication and coordination between departments can leave businesses paying more in not-for-resale expenditure.
• Investing in external sources of data can better equip companies to combat the volatility of the GNFR market.

Watch the full webinar on demand on our website.

Read more about strategies for uncovering potential savings in GNFR in our free Deep Dive report.

This report is available for free and can be accessed by registering for a free account.